Total costs to be assigned to the inventory on hand

Assignment Help Financial Accounting

Reference no: EM13749987

Honrad company assembly department has material cost at $4 per unit and conversion cost of $8 per unit. There are 30,000 units in ending work in process all of which are 33% complete as to conversion costs. How much are total costs to be assigned to the inventory on hand?

A. $192,000

B. $199,200

C. $168,800

D. $240,000

Reference no: EM13749987

Questions Cloud

Strategies for raising international capital : How would I do an outline for an annual report of a company? I am not good with outlines and cannot find a template that will work for an annual report. In the outline I need to critique the in formativeness of the organization’s annual report. Evalu..

Why politic in gilded age seemingly sink to such a low level : Why did politics in the Gilded Age seemingly sink to such a low level? Did the Gilded Age party system have any strengths to compensate for its weaknesses?

Explain the relationship between risk and loss : It is an accepted truth that without risk there can be no gain. Every individual and organization who wants to succeed must take some risks. Explain the relationship between risk and loss

Volatility and return characteristics of large stocks : Define and discuss the volatility and return characteristics of large stocks versus large stocks and bonds and what affects they have on pricing risk? Give examples to support your answer.

Total costs to be assigned to the inventory on hand : Honrad company assembly department has material cost at $4 per unit and conversion cost of $8 per unit. There are 30,000 units in ending work in process all of which are 33% complete as to conversion costs. How much are total costs to be assigned to ..

Idiosyncratic and systematic risk and risk premium : Define and contrast idiosyncratic and systematic risk and the risk premium required for taking each on. Can beta be helpful in this instance? Explain your answer.

Control risk over cash disbursements : Your preliminary assessment of control risk over cash disbursements is low. You base this assessment on the requirements that each cash disbursement be supported by a purchase requisition, a properly approved purchase order, an approved vender list, ..

Complete an ethical analysis of facebook : Investigate the terms "ethical analysis" and "ethical dilemma". What is the ethical dilemma presented in this case? Complete an ethical analysis of Facebook

What is the cost assigned to the ending inventory : For the assembly department unit material cost is $18 and unit conversion cost is $12 . If there are 50,000 units in ending work in process 35% complete as to conversion costs and 75% material cost, what is the cost assigned to the ending inventory?

User Account

All Pages