The finishing department had 5000 incomplete units in its

Assignment Help Accounting Basics
Reference no: EM13601941

The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory, which were 100% complete as to materials and 30% complete as to conversion costs. 15,000 units were received from the previous department. The ending Work-in-Process Inventory consisted of 2,000 units, which were 50% complete as to materials and 30% complete as to conversion costs. The Finishing Department uses first-in, first-out (FIFO) process costing. How many units were started and completed during the period?

Reference no: EM13601941

Questions Cloud

The standard fixed factory overhead rate is based on 100 : the standard fixed factory overhead rate is based on 100 capacity of 120000 machine hours for thompson inc. the
A client gives you a data set of 30 observed values that : a client gives you a data set of 30 observed values that represent the number of gallons of gas that 30 individual
The planet venus requires 225 days to orbit the sun which : the planet venus requires 225 days to orbit the sun which has a mass m 1.99 x 1030 kg in an almost circular
Te point starts moving at t0 find the total distance : the position of a point p on a line is given by the equation x t sinpi t2. the point starts moving at t0. find the
The finishing department had 5000 incomplete units in its : the finishing department had 5000 incomplete units in its beginning work-in-process inventory which were 100 complete
For february sales revenue is 250000 sales commissions are : for february sales revenue is 250000 sales commissions are 6 of sales the sales managers salary is 50000 advertising
The illinois corp which maintains a periodic inventory : the illinois corp. which maintains a periodic inventory acquired 12000 of merchandise inventory in january of 2012 but
Te point starts moving at t0 find the total distance : the position of a point p on a line is given by the equation x t sinpi t2. the point starts moving at t0. find the
Determine hassells and lawsons participation in the years : candace hassell and abby lawson formed a partnership investing 240000 and 80000 respectively.independent assumptionsa

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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