Solution-Using the weighted-average method.

Using the weighted-average method.

Assignment Help Accounting Basics

Reference no: EM13114270

Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows:

Beginning work-in-process 10,000 units
Units started 20,000 units
Units completed 25,000 units

Beginning work-in-process direct materials $6,000
Beginning work-in-process conversion $2,600
Direct materials added during month $30,000
Direct manufacturing labor during month $12,000
Factory overhead $5,000

Beginning work-in-process was half converted as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work-in-process was 60 percent complete.

Required:

Prepare a production cost worksheet using the weighted-average method. Include any necessary supporting schedules.

Reference no: EM13114270

Questions Cloud

Data collection efficiency : Data collection takes a lot of time. Therefore, it is not worth the time and trouble. What do you think? What are some faster ways to accomplish data collection?

Company research outline : What forecasting techniques does this company use? How does your selected organization prepare budgets? What MRP concepts do you see with regard to your organization?

Probability that system is functioning after hours : The recorder has an instantaneous failure rate of 0.0002 failures/hour (constant rate). What is the probability that the system is functioning after 1000 hours? (Show work).

Explain why this happens : Palpitation of both carotid arteries at the same time initiates a reflex known as the baroreceptor reflex. If this reflex is initiated in a healthy person with normal blood pressure, the person may temporarily lose consciousness. Explain why this ..

Using the weighted-average method. : Prepare a production cost worksheet using the weighted-average method. Include any necessary supporting schedules.

Organizational change-management : Can you tell me what role organizational change out of: e-business management, global leadership, managerial economics, and financial methods play in a management career and professional development?

What volume of the liquid should he use : An experiment requires 46.0 of ethylene glycol, a liquid whose density is 1.114 . Rather than weigh the sample on a balance, a chemist chooses to dispense the liquid using a graduated cylinder.

What evidence is there that manufacturer-s claim is false : Use critical values and the previously given sample information to test the hypotheses you set up in part α by setting α equal to .10, .05, .01, and .001. How much evidence is there that the manufacturer's claim is false?

One sample t-test-one-sided : The program office budgets $30,000 per program review at the contractor's site. Your concern for "end of year" spending drills is that you have budgeted enough for the reviews

User Account

All Pages

Using the weighted-average method.

Reference no: EM13114270

Reference no: EM13114270

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT