User Account

All Pages

Production beginning inventory 4000 units units started

Assignment Help Accounting Basics
Reference no: EM13587674

The Painting Department of the Garner Manufacturing Company has the following production and manufacturing cost data for September.

Production: Beginning inventory 4,000 units; units started into production 16,000; ending inventory of 5,000 units 20% complete as to conversion costs.

Manufacturing Costs: Beginning work in process inventory of $80,000, comprised of $49,000 of materials and $31,000 of conversion costs. Materials added during the month, $231,000; labor and overhead applied during the month, $94,400 and $50,600, respectively.

Instructions

(a) Compute the equivalent units of production for materials and conversion costs for the month of September.

(b) Compute the unit costs for materials and conversion costs.

(c) Determine the costs to be assigned to the units transferred out and ending work in process.

Reference no: EM13587674

Questions Cloud

The frequency of a microwave signal is 976 ghz what is its : the frequency of a microwave signal is 9.76 ghz. what is its wavelength in
A certain part of the electromagnetic spectrum ranges from : a certain part of the electromagnetic spectrum ranges from 200 nm to 400 nm. what is the highest frequency associated
What is the distance traveled by a beam of light in a time : what is the distance traveled by a beam of light in a time of 2.0
Calculate the concentration of hydronium ions h3o from the : calculate the concentration of hydronium ions h3o from the measured ph values. express the answer in two significant
Production beginning inventory 4000 units units started : the painting department of the garner manufacturing company has the following production and manufacturing cost data
Without regard to your answer in 2 above assume : wilkins manufacturing uses a job order cost accounting system. on december 1 the company has a balance in work in
An 825-kg space vehicle is circling earth in a circular : an 825-kg space vehicle is circling earth in a circular orbit with a radius of 10300 km. its orbit is to be changed to
Gomez service company paid its first installment on a note : gomez service company paid its first installment on a note payable for an amount of 2000. how will this transaction
Question an aqueous solution containing barium iodide bai2 : question an aqueous solution containing barium iodide bai2 is electrolyzed in a cell containing inert electrodes. the

Reviews

Write a Review

Accounting Basics Questions & Answers

  Green systems sold and delivered modems to blue computers

green systems sold and delivered modems to blue computers for 660000 to be paid by blue in three equal installments

  What are some major components of an internal control

what are some major components of an internal control system? are these components always necessary? explain your

  What type of company would use a process costing system

what type of company would use a process costing system? what about a job-order costing system? provide two examples

  Expected number of wage earners pre subscribing family

A magazine discovers 40% of the families, which subscribe, are ones where there are two wage earners. In the remaining 60% of the families there is only one wage earner. What is the expected number of wage earners pre subscribing family?

  Uniform partnership act of 1997

What is the Uniform Partnership Act of 1997 and what is the relevance to partnership accounting and what types of items are typically included in the partnership agreement? Explain.

  Dexter corporation which uses a job costing system had two

dexter corporation which uses a job costing system had two jobs in process at the end of 20x0 job no. 59 wip balance

  Stine company purchased machinery with list price of 64000

stine company purchased machinery with a list price of 64000. they were given a 10 discount by the manufacturer. they

  Why are audit objectives important in planning and

why are audit objectives important in planning and performing an audit? explain the differences between transaction

  The payment of 10000 for expenses was recorded by spears

the payment of 10000 for expenses was recorded by spears co. as an increase in cash of 10000 and a decrease in retained

  Recognizing gain or loss in contract agreeing

On August 1st of the current year, Lenz Company writes a contract agreeing to sell Hindman Company 15,000 British pounds at a specific price of $0.69 per pound with delivery in 60 days. Throughout the 60-day period the forward rate varies as follo..

  Lee provo is paid 20 per hour plus time-and-one-half for

on january 1 2012 phil sonics corporation issued 2000000 of 7.5 bonds dated january 1. interest is payable

  Note that you need to consider the of units actually

1. hpc inc. has developed a standard pricing system for its products.nbspnbspthe variable cost standards based on

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