Management of parrent corporation has asked your help as an

Assignment Help Accounting Basics

Reference no: EM13602868

Management of Parrent Corporation has asked your help as an intern in preparing some key reports for April. The company started the month with raw materials inventories of $32,000. During the month, the company made raw materials purchases amounting to $68,000. At the end of the month, raw materials inventories totaled $35,000. Direct labor cost was $43,000 and manufacturing overhead was $62,000. The beginning balance in the work in process account was $19,000 and the ending balance was $12,000. The beginning balance in the finished goods account was $35,000 and the ending balance was $58,000. Sales totaled $240,000. Selling expense was $18,000 and administrative expense was $42,000.

Reference no: EM13602868

Questions Cloud

A thin gold ring of radius 102 cm carries a uniform charge : a thin gold ring of radius 1.02 cm carries a uniform charge per unit length of 1.02e-14 cm. find the electric field on

The net income reported on the income statement for the : the net income reported on the income statement for the current year was 220000. depreciation was 50000. account

Let x and s2 be the mean and variance of a random sample : let x and s2 be the mean and variance of a random sample size n16 from the normal distribution nu gamma2a find d using

The combined mass of the girl and the sled is 560 kg and : a girl is sledding down a slope that is inclined at 30ordm with respect to the horizontal. the wind is aiding the

Management of parrent corporation has asked your help as an : management of parrent corporation has asked your help as an intern in preparing some key reports for april. the company

Collections are expected to be 50 in the first month of : sierra star prepares monthly cash budgets. relevant data from operating budgets for 2010 arejanuary februarysales

The left section of the wire makes an angle of 142deg : during a storm a tree limb breaks off and comes to rest across a barbed wire fence at a point that is not in the middle

Melissa recently paid 400 for round-trip airfare to san : melissa recently paid 400 for round-trip airfare to san francisco to attend a business conference for three days.

Calculate the value of a rs 5000 bond paying interest at an : calculate the value of a rs. 5000 par value bond paying interest at an annual coupon interest rate of 10 with 10 years

User Account

All Pages