MANAGERIAL ACCOUNTING

#1 chin company incurred direct materials costs of $300,000 during the year. manufacturing overhead rate is 70%. how much are chin company total manufacturing costs for the year?

#2 wrapping department's output during the period consist of 10,000 units completed and transfered out, and 600 units in ending work in process that were 75% complete as to materials and conversion costs.begining inventory was 800 units that were 30% equivalent units of production for materials?

#3 a department adds raw materials to a process at the begining of the process and incurs conversion costs uniformely throughout the process. for january there were no units in the beginning work in process inventory;10,000 units were started into production in january;and there were 4,000 units were 40% complete in the ending work in process inventory at the end of january. the weighted average method is used.
what were the equivalent units of prodduction for conversion costs for the month of january

#4 Materials cost of 200,000 and conversion costs of $214,200 were charged to a processing department in september. materials are added at the beginning of the process, whie conversions cots are incurred uniformely throughout the process. there were no units in beginning work in process, 100,000 units were stated into production in september, and there were 8,000 units ending work in process that were 40%completed at the end of september.
-what was the total amount of manufactoring cost assigned to those units that were completed and transfered out of the process in september if the weighted averge method is used?

-what was the total amount of manufacturing costs assigned to the 8,000 units in the ending work in process if the eighted averaage method is used?

can you please show me the step by step on how you get the solution
thanks,

  1. 👍 0
  2. 👎 0
  3. 👁 304

Respond to this Question

First Name

Your Response

Similar Questions

  1. Accounting

    Department J had no work in process at the beginning of the period, 18,000 units were completed during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the

    asked by Anonymous on June 30, 2013
  2. accounting

    Logan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the period’s estimated level of

    asked by sally on September 8, 2012
  3. Accounting

    Department S had no work in process at the beginning of the period , 18,000 units were started during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the

    asked by Andrew on September 3, 2015
  4. Accounting 7

    Job 31 has a direct materials cost of $300 and a total manufacturing cost of $900. Overhead is applied to jobs at a rate of 200 percent of direct labor cost. Use the relationships among total manufacturing costs, conversion cost,

    asked by Vanessa on September 9, 2014
  5. accounting

    Looking at this question and not sure why fixed cost is 2,000 and not 6,000. ********** Galley Industries can produce 100 units of necessary component parts with the following costs: Direct Materials $20,000 Direct Labor 9,000

    asked by Pikaju on March 18, 2009
  1. cost accounting

    The East Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $50 Direct manufacturing labor 8 Variable manufacturing overhead 10 Fixed manufacturing overhead

    asked by carol on October 14, 2011
  2. ACC

    someone help me with this questions please 1. How would the following costs be classified (product or period) under variable costing at a retail clothing store? Cost of purchasing clothing Sales commissions A) Product Product B)

    asked by matt on November 16, 2007
  3. accounting

    1. Present entries to record the following summarized operations related to production for a company using a job order cost system: Please put a DR before your debits and and CR before credits and enter between each entry. (a)

    asked by Kassai on July 24, 2012
  4. accounting

    Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period? estimated level of

    asked by sandra on February 27, 2016
  5. accounting

    P20-2A For the year ended December 31, 2010, the job cost sheets of DeVoe Company contained the following data. Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $25,000

    asked by Holly on March 27, 2011
  6. Advanced Cost Managemement

    Problem 1 - Aunt Ethel's Fancy Cookie Company manufactures and sells three flavors of cookies: macaroon, sugar, and buttercream. The batch size for the cookies is limited to 1,000 cookies based on the size of the ovens and cookie

    asked by Veronica on July 15, 2012

You can view more similar questions or ask a new question.