Solution-How much is chargeable to work in process inventory

How much is chargeable to work in process inventory

Reference no: EM132707793

Last week, 1,220 hours were worked in the factory of the Mount Weather Company. Fifty of these hours were overtime which pays time and a half. Also, 42 of the hours were idle time. All workers are paid a regular rate of P=55.00 per hour.

Problem 1: How much is the total payroll?

Problem 2: How much is chargeable to Work in Process Inventory for direct labor cost?

Reference no: EM132707793

Questions Cloud

Describe difference between translation and remeasurement : Describe the difference between translation and remeasurement in the method of restating financial statements of a foreign currency entity

How points below causes leads to lung cancer : How points below causes leads to lung cancer? Explain each point in detail. Please attach your references.

Present a production schedule for march and april and may : PRESENT A production schedule for March, April, and May. Boswell maintains an ending inventory for each month in the amount of one and one-half times

How much were Carr inventory purchases during the period : Sales $9,400; beginning inventory $1,700; ending inventory $2,700 and gross profit $5,100. How much were Carr's inventory purchases during the period

How much is chargeable to work in process inventory : Last week, 1,220 hours were worked in the factory of the Mount Weather Company. How much is chargeable to Work in Process Inventory for direct labor cost?

Explain how voltage changes observed during an action : Multiple sclerosis is an autoimmune, demyelinating disease that affects the insulating layer of neurons in the brain and spinal cord.

Journalize any necessary entries for reddan company : Journalize any necessary entries for Reddan Company based on the bank reconciliation. Refer to the Chart of Accounts for exact wording of account titles.

What differences exist between men and women : Q: Besides physical differences, what differences exist between men and women?

What will be the amount of consolidated net assets : The fair value of the non-controlling interest at that time is determined to be $20,000. What will be the amount of consolidated net assets

User Account

All Pages

How much is chargeable to work in process inventory

Reference no: EM132707793

Reference no: EM132707793

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT