Job cost sheet, accounting, Basic Statistics

Assignment Help:
Manchester Custom Fabricating Company uses a job order system. At the beginning of May, Manchester had two jobs in process, Job #22 (DM = $600 and DL = $780), and Job #23 (DM = $750 and DL = $400). Manufacturing Overhead was also applied per the POR rate of 125% of DL$. The POR rate is for the entire year.
Job #23 was finished during May. An additional $1250 in material costs and $850 in labor costs were added during May to complete the job.
Job #24 was started but not finished in May. In May, material costs were $1,250 and labor costs were $1450
Job #22 will be finished in early June. An additional $950 in material costs and $750 in labor costs were added during May
What is Manchester’s ending WIP balance and cost of goods manufactured for May?


Related Discussions:- Job cost sheet, accounting

Armitage-dollmodel, Armitage-Dollmodel The model of carcinogenesis in ...

Armitage-Dollmodel The model of carcinogenesis in which the basic idea is that the essential variable determining the change in the risk is not age, but time period. The model

Explain the financial accounting., Explain the Financial Accounting. Und...

Explain the Financial Accounting. Under the Financial Accounting System the producing of economic purchase are done in the Cash and Publication, in other Bookkeeping as Sales, P

Calculate the probability of monthly return income, 1. It is often a good i...

1. It is often a good idea to start by visualizing the data. Time series data should have "time" on the horizontal axis. What are you going to have on the vertical axis? If you use

Covariance , how can write co variance using summation notation

how can write co variance using summation notation

AMOUNT AVAILABLE IN DEBT SERVICE FUNDS , AMOUNT AVAILABLE IN DEBT SERVICE ...

AMOUNT AVAILABLE IN DEBT SERVICE FUNDS An "other debit" common journal value used in the General Long-Term Bills Additional Consideration that designates the quality of resources

Calculate the marginals for the rows and columns, (1) Public health schol...

(1) Public health scholars have noted a relationship between nancial well-being follow-ing catastrophe and rates of depression. Weber, Kenny, and Bratton (2010) examine this rela

#piosson ditribution., Ask Suppose that the expected number of phone calls ...

Ask Suppose that the expected number of phone calls that are handel by a switchboard in each second is 5.35. Assume that the distribution of the number of phone calls per second fo

Descriptive statistics, The descriptive statistics outputs for both the var...

The descriptive statistics outputs for both the variables are as below: Wii Group Mean 95.8 Standard

Show appropriate calculations and state the decision rule, Callaway's new d...

Callaway's new driver has been described as illegal because it promises driving distances that exceed USGA standards. Golf Digest conducted a test consisting of nine drives with

Index number, Characteristics of index number

Characteristics of index number

Write Your Message!

Captcha
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