Total amount of manufacturing costs

Assignment Help Accounting Basics
Reference no: EM13121675

Materials costs of $600,000 and conversion costs of $765,000 were charged to a processing department in the month of September. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process, 20,000 units were started into production in September, and there were 5,000 units in ending work in process that were 40% complete at the end of September.

What was the total amount of manufacturing costs assigned to the 5,000 units in the ending work in process?

a. $341,250.

b. $375,000.

c. $240,000.

d. $150,000.

Reference no: EM13121675

Questions Cloud

What organic compounds are found in greek yogurt : What are organic compounds and what organic compounds are found in greek yogurt?
Graph inequality using test point method : Graph inequality. Using the test point method.
What percentage of nucleotide bases in faster single-strand : Use the following data to answer the questions 1 and 2. In a sample of double-stranded DNA from a particular bacterium with a circular chromosome, 43% of the nucleotide bases are Guanine (G).
Illustrate what are the proceeds from the bond issue : The bonds pays interest semiannually on June 30 and December 31. The bonds are issued to yield 5%. Illustrate what are the proceeds from the bond issue?
Total amount of manufacturing costs : What was the total amount of manufacturing costs assigned to the 5,000 units in the ending work in process?
Illustrate what is her recognized gain or loss : The donor paid gift tax of $14,000 on the transfer. If Laura later sells the property for $110,000, illustrate what is her recognized gain or loss?
Find shape of the distribution of sample mean : As a part of their testing program Sony tests samples of 25 batteries. What can you say about the shape of the distribution of sample mean?
Compute the employment rate : Compute the employment rate and the level of productivity for each year and for each five-year period, compute the percentage change in the labour force, the employment rate and the level of productivity
Illustrate what is the amount that needs to be recorded : Mason's net income (pre-bonus) is expected to be $3,000,000, and bonus expense is deducted in computing net income. Illustrate what is the amount that needs to be recorded for estimated bonus liability for 2010?

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