How much was the direct materials procured during august

Assignment Help Cost Accounting
Reference no: EM132804724

Problem 1: ABMA Company consumed $450,000 worth of direct materials during August 2019. At the end of the month, the direct materials inventory of ABMA was $25,000 lower than the August 1 inventory level. How much was the direct materials procured during August 2019?

Reference no: EM132804724

Questions Cloud

What is the bond equivalent yield : A T-bill with face value $10,000 and 93 days to maturity is selling at a bank discount ask yield of 4.0%. What is the Bond equivalent yield?
Compute the budgeted manufacturing overhead rate : ABC company follows a job-costing system at its Pune plant. Compute the budgeted manufacturing overhead rate for each department
Determine the target cost for one littlelasik : Lasik Look produces and sells high-end golf equipment. Determine the target cost for one LittleLasik. (Round answer to 2 decimal places, e.g. 15.25.)
Demand forecasting-types-methods and examples : As the regional manager of 20 restaurants, you are considering to expand the number of outlets in the local area. What types of forecasts would you want to crea
How much was the direct materials procured during august : How much was the direct materials procured during August 2019? ABMA Company consumed $450,000 worth of direct materials during August 2019.
What is break-even point in dollars : a. What is your break-even point in dollars for all categories combined?
Write down the intermediate demand for each type of product : Write down the intermediate demand for each type of product.Compute the final demand for each type of product. Derive the technological matrix
How much netflix monthly profit would increase : Determine how much Netflix's monthly profit would increase or decrease with the new pricing and subscription structure. 3 million users would subscribe to DVD
Maximizing the current value per share : Short Paragraph Response: Do you agree with the claim, "The goal of financial management ought to be maximizing the current value per

Reviews

Write a Review

Cost Accounting Questions & Answers

  Find the amount of manufacturing overhead allocated

Direct labor? (4,000 hours? @ $10/hour) ?40,000. Find the amount of manufacturing overhead allocated to all jobs during June 2018 totals

  Find how many units are in ending work in process inventory

Domingo Corporation uses the weighted-average,How many units are in ending work in process inventory in the first processing department at the end of the month?

  Calculate the in-house unit cost that must be compared

Calculate the in-house unit cost that must be compared with the quotation received from the outside contractor. Assume the payment to the outside contractor

  Compute for the expected maintenance cost for june

Using the least-squares regression method, compute for the expected maintenance cost for June if expected labor hours is 150 hours.

  Case study titled revitalizing a brand located in the

case study titled revitalizing a brand located in the online course shell. use the internet or strayer databases to

  What is the benefit-to-cost ratio provided efforts resulted

What is the benefit-to-cost ratio provided the efforts resulted in saving 3000 jobs valued at a total of $175 million per year?

  Find the unit cost of production for next year

Carson, Inc., uses a learning curve of 80 percent for all new products it develops. A trial run of 500 units of a new product shows total labor-related costs (direct, indirect labor, and fringe benefits) of $120,000.

  The challenges of converting between c and the language

Write a summary (maximum 2 pages, single spaced) of the challenges of converting between C and the language you use for this assignment.

  Evaluate the cost recovery deduction

She takes additional first year depreciation. Evaluate the cost recovery deduction with respect to the asset for 2013.

  Find finch''s dpgr per unit

Finch supplies remaining components and assemble the final product at a cost $340. Finch's marketing, packaging, and shipping expenses total $40 per unit. Each unit is sold for $2,800.

  Prepare trial balance and adjusted trian balance

The Parkview Landscaping Corporation, which specializes in residential landscaping,completed the transactions - Prepare trial balance and adjusted trian balance

  What are the amounts payable to preferred stockholders

What are the amounts payable to preferred stockholders and common stockholders? If the cash dividends were $70,000 what are the amounts payable to preferred stockholders and common stockholders? Show computations.

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!

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