Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Brick town Bats buys wood as a direct material for its baseball bats. The Forming Department processes the baseball bats, which are then transferred to the Finishing Department, where a sealant is applied. During the month of March the Forming Department began manufacturing 11,100 "Casey Sluggers." There was no beginning inventory that month. Costs added to the Forming Department that month were as follows:
Direct materials
$32,500
Conversion costs
18,000
Total
$50,500
A total of 8,000 bats were completed and transferred to the Finishing Department in March; the remaining 3,100 bats were still in process at the end of the month. The bats in ending inventory were 100% complete with respect to materials, but were only 30% complete with respect to conversion.
What was the Forming Department's Work in Process Inventory balance at the end of March? (Round cost per equivalent unit to 2 decimal places, e.g. 52.75 and the final answers to 0 decimal places, e.g. 5,275.)
Work in Process Inventory balance
$
On January 1, 2014, A company acquired 60% of the outstanding shares of B company by paying $1.2 Million in cash, the fair value of B's identifiable asset and liability is $2 million and $ 0.5 million respectively. Using the fair value to measure no ..
Which of the following is an unlikely auditor consideration when making an ethical decision?
Valley Manufacturing Corporation's beginning work in process inventory consisted of 12,500 units, 100% complete with respect to materials cost and 30% complete with respect to conversion costs. The total cost in the beginning inventory was $35,000. D..
Buchanan Enterprises has projected its income before taxes as follows.
The following information was taken from the cost records of the Solom Corporation: Estimated manufacturing overhead $89.000 Actual manufacturing overhead $84,000 Estimated direct labor hours 12,000 Actual direct labor hours 12,500 Solom applies manu..
the amount of joint cost allocated by physical measure method.zenon chemical inc. processes pine rosin into three
Below is the activity in Salem Inc's Work In Process and Finished Goods accounts (could be incomplete) for the month of January: What is the cost of goods sold for Salem for January ?
In 2011, the estimates are revised. Holt now feels the computer will be used until December 31, 2012, when it can be sold for $500. Compute the 2011 depreciation.
The 100-room limited service Pepper Inn has an ADR of $80 and variable cost per room sold of $15. Assume there is no other sales activity. Its monthly fixed cost total $100,000. How many rooms must be sold to break even?
The machine is being depreciated over 10 years using the double-declining method. For the year ending December 31, 2008, what amount should South Company report as its depreciation expense in its general ledger account?
The journal entry to record a 8 percent stock dividend to common stockholders when the market price of the stock is $40 per share and there are 100,000 shares of $1 par value stock outstanding is
In the current year, Firm L purchased machinery costing $2,300,000 and elected to expense as much as possible under Section 179. How much of the expense can Firm L deduct under Section 179 if its taxable income before the deduction was $1,400,000?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd