Solution-What is the total cost of the departmental work in

What is the total cost of the departmental work in process

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Question 1 - On June 1, 2019 Adelphi Corporation issued $100,000 of 6%, 10-year bonds. The bonds which were issued at 96, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. Enter as a whole number (no cents).

Question 2 - Department J had no work in process at the beginning of the period. 18,000 units were completed during the period, and 2,000 units were 30% completed at the end of the period. The following manufacturing costs were debited to the departmental work in process account during the period (Assume the company uses weighted average method and rounds cost per unit to two decimal places):

Direct materials (20,000 at $5) $100,000

Direct labor 142,300

Factory overhead 57,200

Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the departmental work in process inventory at the end of the period?

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What is the total cost of the departmental work in process

Reference no: EM133047919

Reference no: EM133047919

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