User Account

All Pages

How much are the total costs to be accounted

Assignment Help Accounting Basics
Reference no: EM131866408

Question - The following information is provided by Panther Company:

WIP Inventory, January 1 0 units

Units started 22,000 units

Units completed and transferred out 9,000 units

WIP Inventory, December 31 13,000 units

Direct materials $24,900

Direct labor $13,100

Manufacturing Overhead $12,000

The units were 80% complete for materials and 30% complete for conversion costs.

How much are the total costs to be accounted for during the year?

Reference no: EM131866408

Questions Cloud

What is the total cost of units completed and transferred : Units completed and transferred out 115,000 units. WIP ending (50% for conversion) 59,200 units. What is the total cost of units completed and transferred out
Advantages for setting requirement of minimum capitalization : What are the differences between a branch and a subsidiary of a corporation? What are the advantages and disadvantages for setting a requirement of minimum.
Important information about the club : You are responsible to develop a 10 to 15 slide PowerPoint presentation that include useful important information about the club:
Implement formative assessment : How will you implement formative assessment in your classroom to support the Common Core State Standards and the ongoing
How much are the total costs to be accounted : The units were 80% complete for materials and 30% complete for conversion costs. How much are the total costs to be accounted for during the year
Keat idea of negative capability : Choosing EITHER poem, discuss how it reflects Keat's idea of "negative capability
What images are imagined by the speaker : In stanza 4, what images are imagined by the speaker? What does the poet's ability to imagine scenes beyond what is represented on the urn important?
Evaluate the merits of different approaches : Apply examples of at least one challenge and one trend in HMIS to each leadership trait. Evaluate the merits of different approaches that a CEO or CIO.
What is the cost formula for maintenance costs : Based on this data, what is the cost formula for maintenance costs? What will total maintenance costs be if the machines are run for 16,500 hours

Reviews

Write a Review

Accounting Basics Questions & Answers

  Zhdanov inc forecasts that its free cash flow in the coming

zhdanov inc. forecasts that its free cash flow in the coming year that is at t 1 will be -10 million but its fcf at

  Interest from chase savings bank on a joint account

? Use the following information to complete Phillip and Claire Dunphy's 2015 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. Ignore the alternative minimum tax for this problem.

  Provide inmates such benefits as library resources

Telephone Commissions Fund. The city collects commissions on pay telephones used by jail inmates. The funds are used to provide inmates such benefits as library resources and fitness equipment.

  Budgeting labor costs

Deep Valley Foods manufactures a product that is first smoked and then packed for shipment to customers. The product's direct labor cost per pound is budgeted using the following information:

  Determine the suta tax that the company paid to

Assuming that reciprocal arrangements exist between the two states, determine the SUTA tax that the company paid to

  Explain the direct write-off method and the allowance method

FINANCIAL ACCOUNTING ASSIGNMENT. Explain the direct write-off method and the allowance method of recognizing bad debt expense.

  An independent appraisal estimated the fair values of the

semtech manufacturing purchased land and building for 8 million. in addition to the purchase price semtech made the

  Compute the avoidable interest on this project

McPherson expected to complete the building by December 31, 2012. Compute the avoidable interest on this project

  Why would someone choose to use a perpetual

Why would someone choose to use a perpetual over a period inventory system, and vice versa?

  Post the general journal entries on the general ledger tab

On August 2, 2004, Jerry Andrews, a dentist, opened a dental office. Post the general journal entries on the General Ledger tab

  Measuring the long-term goal of profitability

Performance Evaluation Daniel Merrill & Co. is a stock brokerage firm that evaluates its employees on sales activity generated.

  Needs 15 million of new long-term financing the firm is

cto sell this new issue the stock would have to be underpriced by 1 and sold for 15 per share. the firm currently has

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd