User Account

All Pages

What was the amount of direct materials used in production

Assignment Help Accounting Basics
Reference no: EM131720175

Question - Barricades Corporation provided the following information for the year:

Beginning Balancelong dash-Work-in-Process Inventory $27,000
Ending Balancelong dash-Work-in-Process Inventory 56,000
Beginning Balancelong dash-Raw Materials Inventory 83,000
Ending Balancelong dash-Raw Materials Inventory 60,000
Purchaseslong dash-Raw Materials 360,000
Direct Labor 471,000
Indirect Labor 18,000
Depreciation on Factory Plant and Equipment 25,000
Plant Utilities and Insurance

271,000

What was the amount of direct materials used in production during the year?

A. $383,000

B. $66,000

C. $360,000

D. $831,000

Reference no: EM131720175

Questions Cloud

Review about human fetus is not a person with rights : No one has ever proved that the human fetus is not a person with rights. Therefore, abortion is morally wrong.
Discuss correctional facility violence and victimization : Correctional practices and responses to correctional facility violence and victimization.discuss correctional facility violence and victimization.
Discuss crimes involving narcotics : The police discover a package of heroin taped under the table where the two were seated. Is this sufficient to justify their arrest for possession
Conductivity and standard deviation : The National Institute of Standards and Technology (NIST) supplies "standard materials" whose physical properties are supposed to be known.
What was the amount of direct materials used in production : Barricades Corporation provided the following information for the year: What was the amount of direct materials used in production during the year
Discuss court to prove or disprove the existence of a fact : Evidence consists of physical objects, testimony, or other things offered in court to prove or disprove the existence of a fact
Researcher selected a sample of 56 former student : A researcher selected a sample of 56 former student leaders from a list of graduates of a large university. She discovered that it had taken an average
Perception of self-affects our perception of information : Describe three (3) ways our perception of self and others affects our perception of information.
Explain information technology as part of tactics section : Explain marketing and information technology as part of the strategies and tactics section of the business plan.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Ben transferred property to his newly formed corporation

ben transferred property to his newly formed corporation bcd inc. the property had an adjusted basis to ben of 40000

  Write a memo explaining why one company

Write a memo explaining why one company's P/E ratio may be higher than another company's P/E ratio.

  Book value is computed

Book value is computed

  Nee high and low jack are partners in an accounting firm

nee high and low jack are partners in an accounting firm and share net income and loss equally. highs beginning

  You are an accountant in a medium-sized manufacturing

you are an accountant in a medium-sized manufacturing company. you have been asked to mentor an accounting clerk who is

  The adams independent school district wants to sell a

the adams independent school district wants to sell a parcel of unimproved land that it does not need. its three best

  Determining annual amount of payroll

Using the activity base info in (a), determine the annual amount of payroll and purchasing costs charged back to the Residential, COmmercial, and Government contract divisions from payroll and purchasing services.

  Prepare a schedule that provides the operating cash flows

Prepare a schedule that provides the operating cash flows for the year using the indirect method.

  Margan corporation had the following transactions and

margan corporation had the following transactions and events. 1. declared a cash dividend. 2. issued par value common

  What is your initial reaction

What is your initial reaction regarding this new project. Do you believe the results of the scenario analysis? -  What is the risk of assuming he is correct if he is wrong?

  Prepare a general journal entry to record payroll

Prepare a General Journal entry to record payroll (ch 11) 3 b) prepare General Journal entry to record company payroll taxes (ch 11)

  Symphony uses a perpetual inventory system

Listed below are account balances (in $ millions) taken from the records of Symphony Stores. All of these are permanent accounts, except the last two that have yet to be closed. The installment receivables are current. Symphony uses a perpetua..

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