What was the amount of direct materials charged to that job

Assignment Help Managerial Accounting
Reference no: EM132516851

Howard Corporation has a job order costing system. The following debits (credits) appear in the firm's work in process account for the month of June:

June 1, balance $12 000

June 30, direct materials $40 000

June 30, direct labour $30 000

June 30, overhead applied $27 000

June 30, to finished goods $(100 000)

Question 1: What was the amount of direct materials charged to that job?

Reference no: EM132516851

Questions Cloud

Kant critique of happiness as an ethical principle : Consider Kant's critique of happiness as an ethical principle. Why does he think that happiness (or well-being) fails to provide an adequate
Calculate the net present value of the project : Working capital is recoverable at the end of this project. Annual cash inflows from the project RM 40,000. Calculate the net present value (NPV) of the project
Consider kant critique of happiness as an ethical principle : Consider Kant's critique of happiness as an ethical principle. Why does he think that happiness (or well-being) fails to provide an adequate standard
Paraphrasing a scripture how do you cite it in text : In APA format, when you are paraphrasing a scripture how do you cite it in text?
What was the amount of direct materials charged to that job : What was the amount of direct materials charged to that job? Howard Corporation has a job order costing system. The debits (credits) appear in the firm.
Prepare monthly cash budgets for January and March : According to a credit agreement with its bank, Kayak requires a minimum cash balance of $40,000. Prepare monthly cash budgets for January and March
Energy prediction of domestic appliances dataset : Energy Prediction of Domestic Appliances Dataset - Build models and investigate the importance of each variable - Comparing with a linear regression model
How will that affect scope-costs and schedule : Your project sponsor and customer are impressed with your project schedule, How will that affect scope, costs, and schedule?
Calculate the cost of goods sold account : Assuming underapplied or overapplied overhead is transferred to cost of goods sold at the end of the period, calculate the cost of goods sold account.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

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