In the month of november a department had 500 units in the

Assignment Help Accounting Basics

Reference no: EM13601067

In the month of November, a department had 500 units in the beginning work in process inventory that were 60% complete. These units had $16,000 of materials cost and $12,000 of conversion costs. Materials are added at the beginning of the process and conversion costs are added uniformly throughout the process. During November, 10,000 units were completed and transferred to the finished goods inventory and there were 2,000 units that were 25% complete in the ending work in process inventory on November 30. During November, manufacturing costs charged to the department were: Materials $368,000; Conversion costs $408,000.

Reference no: EM13601067

Questions Cloud

Intercept inc estimated that for 2009 761250 of overhead : intercept inc. estimated that. for 2009 761250 of overhead costs would be incurred at 175000 machine hours. during 2009

The following table contains calculations of several key : the following table contains calculations of several key ratios for indianola pharmaceutical company a maker of

Give a historical overview of how rule-making has : 1 identify key organizations involved in accounting rule-making.2 explain what is meant by authoritative support.3

Wasabi corp has a contribution margin ratio of 45 percent : wasabi corp. has a contribution margin ratio of 45 percent. product selling price per unit is 320 and total fixed costs

In the month of november a department had 500 units in the : in the month of november a department had 500 units in the beginning work in process inventory that were 60 complete.

Heritage insurance co is a regional insurance company that : heritage insurance co. is a regional insurance company that began operations on january 1 2012. the following

Production beginning inventory 8000 units that are 100 : the mixing department of cherry manufacturing company has the following production and manufacturing cost data for

If faced with a situation wherein you are told to make the : if faced with a situation wherein you are told to make the numbers what strategies or techniques might you follow in

Lindex company uses a process costing system the following : lindex company uses a process costing system. the following data are available for one department for october percent

User Account

All Pages