Solution-What was the value of the output transferred from

What was the value of the output transferred from process

Assignment Help Cost Accounting

Reference no: EM132582984

Corona, Inc. manufactures a product which goes through three consecutive processes: Process 1, Process 2, and Process 3. Data for the month of September, 2019 are as follows:

                                                  Process 1            Process 2                   Process 3
Opening work in process             8,000            13,000                        2,000
Materials added                       20,000                4,000                 5,000
Conversion cost                       10,000               10,000                     16,000
Closing work in process               6,000                 9,000                         4,000

REQUIRED:

Question 1: What was the value of the output transferred from Process 3 to the finished goods warehouse for the month of September 2019?

Reference no: EM132582984

Questions Cloud

How much is the total cost of goods placed in process : How much is the total "cost of goods placed in process" during the first quarter of 2019? How much is the total "cost of goods manufactured"

Discuss the core concepts of marketing for the travel : Discuss the core concepts of marketing for the travel and tourism sector and Discuss the factors affecting consumer motivation and demand in the travel

Sonar equipment detects a reflection : The echo from the item takes 6.2 s to return to the sonar detector. Will she be able to retrieve this item?

Describe challenging ethical or moral dilemma : Describe a challenging ethical or moral dilemma you have faced in the past. The dilemma could have occurred in either a personal or a professional environment.

What was the value of the output transferred from process : What was the value of the output transferred from Process 3 to the finished goods warehouse for the month of September 2019?

Diagnosing process-structure-environment : The final project revolves around you diagnosing a process/structure/environment in an organization that you're familiar with and that needs improvement

Give an example of factory overhead accounting : Give an example of Factory Overhead Accounting , variance and departmentalization of any one company in Pakistan? Also Comments on findings.

Analyze the impact for others in health and social care : Explain the impact of significant life events on individuals, namely James and Sarah - analyze the impact for others in health and social care

Find the cost of raw materials-chemicals in work in process : Find the cost of raw materials-chemicals in the work in process ending inventory was. At the HI-Q Industrial Co., the process begins with the blending

User Account

All Pages

What was the value of the output transferred from process

Reference no: EM132582984

Reference no: EM132582984

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