Solution-What should be accumulated cost of July work in

What should be accumulated cost of July work in process

Assignment Help Cost Accounting

Reference no: EM133060588

Problem - Normal Loss - Materials are added at the start of the process in Department B. Units received from Department A cost P11.10 and in Department B, unit costs are P1 for materials and P1.22 for conversion cost. Quantity Data include: In process, July 1 at 8,000 units, 3/4 done; Received from Dept. A is 50,000 units; In process, July 31 is 10,000 units, 1/5 done. Normal loss at the end is 3,000 units. Estimated recovery from spoiled units is P3,000.

Required - What should be the accumulated cost of the July 31 work in process?

Reference no: EM133060588

Questions Cloud

How many Krones would a dollar buy tomorrow : Suppose that 1 Danish krone could be purchased in the foreign exchange market today for $0.16. How many Krones would a dollar buy tomorrow

How much is annual installment : Tracy Partridge has just borrowed $165,000 using a mortgage that calls for 30 equal annual installments. The annual interest rate on the mortgage is 7%.

Consider how conflict can be detrimental : Consider how conflict can be detrimental and/or beneficial to a relationship. Give examples and how it applies to the basic principle of conflict.

Application specialized in financial markets : Portfolio management:Form: Search for two technology companies and get their analysis and the data of the beta.Useful references:Beta of any company could be fo

What should be accumulated cost of July work in process : In process, July 31 is 10,000 units, 1/5 done. Normal loss at the end is 3,000 units. What should be accumulated cost of July work in process

Improve government productivity and measurement of results : Many Presidents and external agencies have attempted to improve government productivity and measurement of results.

What is company net margin : A company has a return on equity of 15%, a leverage multiplier of 1.5, and a total asset turnover of 0.93. What is this company's net margin, using the DuPont f

What is the current value of swap a to company a : Part A: Company A entered into a semi-annual interest rate swap agreement a few months ago as the fixed rate payer, paying a 4.4% p.a. fixed swap rate and recei

Interpersonal communication-family life cycles : Discuss each of the seven family life cycles from the textbook. How important is each stage?

User Account

All Pages

What should be accumulated cost of July work in process

Reference no: EM133060588

Reference no: EM133060588

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT