What was the balance of work in process as of april

Assignment Help Accounting Basics
Reference no: EM132686068

Selected accounts with a credit amount omitted are as follows

Work in Process Apr. 1 Balance 7,000 Apr. 30

Goods finishedX 30

Direct materials57,800 30

Direct labor192,800 30

Factory overhead 57,840

Finished Goods Apr. 1 Balance15,000 30

Goods finished301,300

Problem 1: What was the balance of Work in Process as of April 30?

a. $14,140
b. $57,840
c. $301,300
d. $15,000

Reference no: EM132686068

Questions Cloud

Identify policy mandates and requirements : Identify policy mandates and requirements and reflect on how informatics and EHR implementation affect your ability to meet those policy mandates.
Maximising the volume of a cake tin : Investigate the size of a rectangle cut into a piece of tinplate to form an open top cake tin which optimises the volume - Maximising the Volume of a Cake Tin
Which of statements is true about work-in-process inventory : Which of statements is true about work-in-process inventory? It consists of the costs of the direct and indirect materials that have not yet entered manufacture
What medications would be used to control fever : What is considered a fever in a child? What medications would be used to control fever? What non-medication interventions can be done to decrease fever?
What was the balance of work in process as of april : What was the balance of Work in Process as of April 30? Finished Goods Apr. 1 Balance15,000 30. Work in Process Apr. 1 Balance 7,000 Apr. 30.
Prepare a factory overhead cost budget : Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs
How can you contribute to better experience for your patient : How did Melba, Luis, and Julie all contribute to a better patient experience for Gilbert? How can you contribute to a better experience for your patients?
Silence in the turmoil of crisis : You will be required to complete two (2) case studies over the course of the semester.
Problem - Production and Direct Labor Cost Budgets : Problem - Production and Direct Labor Cost Budgets - Prepare a production budget for March. Prepare the budget in two columns: Dockers and 501 Jeans

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the amount of the deferred tax liability

Compute the amount of the Deferred Tax Liability as of 12f31f18 under the following three independent assumptions

  Midlands design ltd of manchester england is a company

midlands design ltd. of manchester england is a company specializing in providing design services to residential

  Statement of cash flow by using direct method

Prepare a statement of cash flow using the direct method for reporting cash flows from operating activities. Omit supporting schedule

  Problem related to election

During the current year, Goldfinch Corporation purchased 100% of the stock of Dove Corporation and made a qualified election under § 338. Which of the following statements is incorrect with respect to the § 338 election?

  The following standards for variable manufacturing overhead

the following standards for variable manufacturing overhead have been established for a company that makes only one

  Lizzys lemonade issues 7 15-year bonds with a face value

lizzys lemonade issues 7 15-year bonds with a face value amount of 90000 for 82219 priced to yield 8. interest is paid

  Difference between the different opinions

What is the difference between the different opinions and/or explanatory paragraphs? How does the issuance of a report other than standard unqualified impact a company? Explain.

  What information should an accountant provide

Corporate Governance Paper and Power Point. What information should an accountant provide to help guide and support the board and management.

  Prepare journal entries for the september transactions

Marilyn Crone owns and operates a public relations firm called Best Foot forward, Inc. Prepare journal entries for the September transactions

  Consolidated diluted earnings per share

What was the amount of Stoop's earnings that should be included in calculating consolidated diluted earnings per share?

  Ifrs and accounting consensus

Write a 1-2 page research summary on the document below authored by Sunder. Focus your paper on Sunder's five key elements of consensus for common accounting standards for multinationals.

  Cost of goods sold-income statement

What amount should White report as Cost of Goods Sold in the 2011 income statement?

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