User Account

All Pages

What is the fifo value of materials in ending work

Assignment Help Accounting Basics
Reference no: EM132524612

Question - Please help answer this question.

The Townson Manufacturing Company has gathered the following information for the month of September pertaining to its use of materials in Work in Process: beginning inventory had 4,500 (EUPs) valued at $13,500; $202,000 of materials were added during the month; ending inventory consisted of 16,000 (EUPs) and 50,000 units were completed and transferred to the next department. What is the FIFO value of materials in ending Work in Process Inventory for the month of September? Round to the nearest $1.00.

Reference no: EM132524612

Questions Cloud

What is the weighted average value of materials transferred : What is the weighted average value of materials transferred out of ending Work in Process Inventory for the period? Round to the nearest $1.00
Create the income statement and appropriation account : Create The income statement and appropriation account of Mamba Company Ltd for the year ended 31 December 2018 . The Statement of financial position
Describe your business model : Describe your business model. What are your primary sources of revenue? What are your primary revenue drivers?
Describe the type of behavior you want to measure : According to Piaget, learning takes place in stages. These stages occur through maturation of individual capacities as well as through interaction.
What is the fifo value of materials in ending work : What is the FIFO value of materials in ending Work in Process Inventory for the month of September? Round to the nearest $1.00
Dds corporation stock pays a current dividend : DDS corporation stock pays a current dividend of $1.00 per share.
Find what is balance that would appear in venus company'' : Find What is the balance that would appear in Venus Company's inventory account on February 1 assuming use of a periodic inventory system? Explain.
What is the market value of the bond : Given the market rate of interest of 4.8 percent, what is the market value of the bond? (Round answer to 2 decimal places, e.g. 15.25.)
In what ways can social influence have a positive impact : In what ways can social influence have a positive impact on behavior? In what ways can social influence have a negative impact on behavior? Provide examples.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd