Managerial, 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:- Managerial, accounting

Values of income and intrest rate, Now imagine that consumption is given as...

Now imagine that consumption is given as:             C = 400 + 0.9YD - 1,750i And as above:       Y = PE = C + I + G + NX                           (Income identity)

Homework, 9. From 11 positive integer scores on a 10-point quiz, the mean i...

9. From 11 positive integer scores on a 10-point quiz, the mean is 8, the median is 8, and the mode is 7. Find the maximum number of perfect scores possible on this test.

What is Art collection , What is Art collection A personal perform of art...

What is Art collection A personal perform of art or number of products of unique graphics such as artwork, statues, craftwork or other elements generally determined as a perform

Index, Example and formula of Quantity Index

Example and formula of Quantity Index

reading and display data-affine relation, We start reading and display the...

We start reading and display the data: library (UsingR) data(galileo) g2=galileo$init.h-500 gl=galileo$h.d par(bg='cornsilk') plot(gl,g2,pch=20,col="red",cex=2,yl

Case study, A survey was conducted among the residents of Pune City, its su...

A survey was conducted among the residents of Pune City, its suburbs and the PuneCantonment area. The following three pie diagrams show their respective preferences for living in C

Benefits of financial sales, Expertsmind.com offering Uses of Financial Ac...

Expertsmind.com offering Uses of Financial Accounting Financial Accounting Sales performs important and useful part by creating the details for offering solutions to many conc

Capital projects funds, Capital projects funds Capital projects funds are ...

Capital projects funds Capital projects funds are used to account for the acquisition &/or structure of major capital facilities [other than those financed by proprietary funds &

Classification of raw data with example tables, Classification of raw data ...

Classification of raw data on the basis of homogeneous characteristics

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