Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000

60,023 results
  1. Operations Management 10th edition

    The three station work cell illustrated in Figure S7.7, has a product that must go through one of the two machines at station 1 (they are parallel) before proceeding to station 2. Station 1-Machine A-Capacity: 20 units/hr Station 2-Capacity: 5 units/

  2. Accounting

    Krollon Company uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company’s processing departments: According to the company’s costing system, the cost of beginning

  3. Accounting

    If Department H had 600 units, 60% completed, in process at the beginning of the period, 8,000 units were completed during the period, and 500 units were 30% completed at the end of the period, what was the number of equivalent units of production for the

  4. Accounting

    Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period,

  5. finance (firm's net income)

    If a firm has a break-even point of 20,000 units and the contribution margin on the sirm's single product is $3.00 per unit and fixed costs are $60,000, what will the firm's net income be at sales of 30,000 units? o.k. the break even amount will be 20,000

  6. accounting

    Cargin Company uses the FIFO method in its process costing system. The Assembly Department started the month with 15,000 units in its beginning work in process inventory that were 50% complete with respect to conversion costs. An additional 71,000 units

  7. algebra

    A marketing department estimates that demand for a product is given by P=100-0.0001x, where P is price per unit and X is number of units. The cost C of producing x units is given by C=350,000+25x And the profit P for producing x units is given by P=

  8. Accounting for Managers

    Question 11 of 20 5.0 Points Which of the following accurately describes a difference between job order and process costing systems? A. In job order costing systems, overhead costs are treated as product costs, whereas in process costing systems, overhead

  9. 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 departmental work in

  10. accouting

    The ledger of Custer Company has the following work in process account. Work in Process—Painting 5/1 Balance 4,820 5/31 Transferred out ? 5/31 Materials 5,710 5/31 Labor 4,800 5/31 Overhead 2,430 5/31 Balance ? Production records show that there were 410

  11. accounting

    Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 32,000 units 20,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated

  12. Accounting

    A process began the month with 3,000 units in the beginning work in process inventory and ended the month with 2,000 units in the ending work in process. If 12,000 units were completed and transferred out of the process during the month, how many units

  13. Accounting 8

    The following information is available for Walker Industries: Beginning work in process inventory $30,000 Ending work in process inventory $25,000 Cost of goods manufactured $180,000 Compute total current manufacturing cost?

  14. Managerial accounting

    The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 12,000 14,000 13,000 11,000 The selling

  15. Accounting

    Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 30,000 units 18,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated

  16. accounting

    Hanson Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,000 units in its beginning work in process inventory that were 60% complete with respect to

  17. Accounting

    Materials costs of $300,000 and conversion costs of $321,300 were charged to a processing department in the month of September. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. There

  18. accounting

    A company has an overhead application rate of 125% of direct labor costs. How much overhead would be allocated to a job if it required total direct labor cost of $20,000? $5,000. $16,000. $25,000. $125,000. $250,000. The R&R Company's production costs for

  19. accounting

    "Harris Company manufactures and sells a single product. A partically completed schedule of the company's total and per unit cost over the relevant range of 30,000 to 50,000 per units produced and sold are: United produced and Sold: 30,000 ; 40,000; 50,000

  20. accounting

    Selected T-accounts for Rolm Company are given below for the just completed year: Raw Materials Manufacturing Overhead Bal. 1/1 31,000 Credits ? Debits 390,000 Credits ? Debits 420,000 Bal. 12/31 56,000 Work in Process Factory Wages Payable Bal. 1/1 73,000

  21. accounting

    Multiple choice 1. The type of product costing system used by a company is dictated by the : a) plant supervisor b) project manager c) company president d) production process 2. Activity based costing traces production costs to a) activities within the

  22. Accounting

    Papyrutech Corporation produces fine papers in three production departments—Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The

  23. accounting

    Nature’s Way, Inc., keeps one of its production facilities busy making a perfume called Essence de la Vache The $32,800 beginning inventory in the Blending Department consisted of the following elements: materials, $8,000; direct labor, $4,000; and

  24. 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 $24,000 $28,800 $77,800 Current

  25. Accounting

    If fixed costs are $240,000, the unit selling price is $32, and the unit variable costs are $20, what are the old and new break-even sales (units) if the unit selling price increases by $4? a. 12,000 units and 15,000 units b. 7,500 units and 6,667 units c.

  26. accounting

    The accounting records of NuTronics, Inc., include the following information for the year ended December 31, 2011. Dec. 31 Jan. 1 Inventory of materials $ 24,000 $ 20,000 Inventory of work in process 8,000 12,000 Inventory of finished goods 90,000 80,000

  27. Accounts

    The USA Company manufactures flags in a single process. The following information is available for January 2011: Beginning WIP o units Started production 18,000 units Completed and transferred out 12,000units Ending WIP 6,000 units Production Cost

  28. Cost Accounting

    Case 1 Direct Materials Used $8,300 Direct Labor 3,000 Manufacturing Overhead 6,000 Total Manufacturing Costs (a) Beginning Work in Process 1,000 Ending Work in Process Inventory (b) Sales 22,500 Sales Discounts 1,500 Cost of Goods Manufactured 15,800

  29. accounting

    Neer Department Store uses the retail inventory method to estimate its monthly ending inventories. The following information is available for two of its departments at August 31, 2011. Sporting Goods Jewelry and Cosmetics Cost Retail Cost Retail Net sales

  30. Cost Accounting

    Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Case 1 2 Direct Materials Used $ 8,300 (g) Direct Labor 3,000 $ 4,000 Manufacturing Overhead 6,000 5,000 Total Manufacturing Costs (a) 20,000 Beginning Work

  31. English: Please help

    Serving the financial division of the government is the primary responsibility of the (1 point) Department of the Interior. Department of Commerce. *Department of the Treasury. Department of State The National Park Service is part of this department. (1

  32. ACCOUTING

    If beginning inventory consisted of 22,500 units, ending inventory was 7,500 units, and 33,000 units were started during the period, how many units were completed and transferred out of the department to the next department? Show your work

  33. ACCOUNTING

    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%

  34. Calculus

    The rate of performance is given by dN/dt=1/(2sqroot(t+1)) where N is the number of unity completed t hours after beginning a new tak. If 2 units are completed afer 3 hours, how many units are completed after 8 hours? N= INT 1/2 (t+1)^(-1/2) I will be

  35. Accounting

    Hanover Corp. obtained the following information from its absorption costing accounting records: Operating Income = $24,000 Total Product Costs Incurred During The Period = $16,000 Value of Beginning Work-In-Process and Finished Goods Inventories = $0

  36. arithmetic

    A and B can complete a piece of work in 8 and 10 days respectively However they work alternately one day each with beginning the work In how much time will the work be completed?

  37. Calculus

    I have two problems that I can't figure out for my test review... 1. Productivity: Because a new employee must learn an assigned task, production will increase with time. Suppose that for the average new employee, the rate of performance is given by

  38. Accounting

    Solex Company produces a high-quality insulation material that passes through two production processes. Data for June for the first process follow: Required: 1. Assume that the company uses the weighted-average method of accounting for units and costs.

  39. Accounting

    Based on the following production and sales estimates for May, determine the number of units expected to be manufactured in May. Estimated inventory (units), May 1 20,000 Desired inventory (units), May 31 15,000 Expected sales volume (units): South region

  40. management accounting

    Fi a company has a policy of maintaining an inventory of finished goods equal to 30 percent of the following month's sales. For the forthcoming month of March, Ball has budgeted the beginning inventory at 30,000 units and the ending inventory at 33,000

  41. math

    Dynacan Ltd. manufactured 10,000 units of product last year FC= 22,200,000,19,200,000,9,600,000,5,000,000 VC= 50,400,000,93,000,000,16,000,000,14,200,000 If unit variable costs and fixed costs remain unchanged, calculate the total cost to produce 9700

  42. math

    Jay Corp. bought a machine for $15,000. The machine is expected to produce 10,000 units. The machine has a residual value of $5,000. Assuming the machine produces 400 units during Year 1, what should the depreciation expense be? my is answer is $ 300.00 If

  43. 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 departmental work in

  44. 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

  45. accounting

    Nature’s Way, Inc., keeps one of its production facilities busy making a perfume called Essence de la Vache. The perfume goes through two processing departments: Blending and Bottling. The following incomplete Work in Process account is provided for the

  46. mult choice / accounting

    A department transferred 7,000 units to the finished goods storeroom during a month. There was no beginning work in process inventory, but 500 units were still in process at the end of the month. Equivalent production for the month was 7,400 units, and

  47. Accounting 1

    Oscar Corp. applies manufacturing overhead to production at 150% of direct labor cost. During 20x5, manufacturing overhead of $180,000 was applied to production; actual manufacturing overhead was $199,000. Beginning Work in Process Inventory was $20,000

  48. Principles of Business

    Approximately how many people work in the: Finance Department? Sales Department? Purchasing Department? Personnel Department? Production Department? Marketing Department? Advertising Department? Legal Department? Administration Department?

  49. accounting

    Central States Manufacturing produces a single product: Product 1222. The company has estimated that annual overhead expenses wll be $180,000 and production volume will be 20,000 units using 20,000 hours of labor. Overhead is applied to production based on

  50. Cost accounting

    (Comprehensive) Jackson Construction Company uses a job order costing system. In May 2008, Jackson made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport, Mississippi. Jackson Construction won the bid and assigned #515 to

  51. Programming

    [Help me to solve this question] Regarding the following problems, you are asked to make a pseudocode for calculating income tax with the following conditions: Input: Numeric in the form of numbers> = 0 If the input is something other than that then an

  52. Accounting

    Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales for the first quarter of

  53. Accounting

    Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales for the first quarter of

  54. Accounting

    Reutter Company manufactures a single product and uses process costing. The company’s product goes through two processing departments, Etching and Wiring. The following activity was recorded in the Etching Department during July: Materials are added at

  55. Accounting 10

    Oscar Corp. applies manufacturing overhead to production at 150% of direct labor cost. During 20x5, manufacturing overhead of $180,000 was applied to production; actual manufacturing overhead was $199,000. Beginning Work in Process Inventory was $20,000

  56. Accounting 10 PLEASE HELP ME!

    Oscar Corp. applies manufacturing overhead to production at 150% of direct labor cost. During 20x5, manufacturing overhead of $180,000 was applied to production; actual manufacturing overhead was $199,000. Beginning Work in Process Inventory was $20,000

  57. Accounting 8

    The following information is available for Walker Industries: Beginning work in process inventory $30,000 Ending work in process inventory $25,000 Cost of goods manufactured $180,000 Compute total current manufacturing cost?

  58. Accounting

    Hanson Corp uses a process costing system. Materials are added at the start of the process. Beginning inventory for January consisted of 1,900 units (40% complete for conversion) with a cost of $15,000. 10,900 units were started and completed during

  59. Accounting

    During the period, labor costs incurred on account amounted to $250,000 including $200,000 for production orders and $50,000 for general factory use. In addition, factory overhead applied to production was $23,000. From the following, select the entry to

  60. accounting

    The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs: Property taxes, factory $ 3,000 Utilities, factory 4,800 Indirect labor 9,900 Depreciation, factory 23,900

  61. Cost accounting

    CleanSweep produces outdoor brooms. On April 30, 2008, the firm had 7,200 units in process that were 60 percent complete as to material, 40 percent complete as to direct labor, and 20 percent complete as to overhead. During May, 374,000 brooms were

  62. Fin&Acc

    B3 Company is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year: Beginning Ending Raw materia $26,000 $31,000 Work in process 77,000 59,000 Finished goods 124,000 139,000

  63. n/a

    Inter-department Services Step Method : O'brain's Department Store Allocates the Cost of personnel and Payroll to three retail Sales Department Housewares , Clothing and Furniture . In addition to providing services to the operating department. Personnel

  64. please check my answer

    please check my answer thanks :) You are the manager of The Candle Shop using the FIFO method of inventory pricing, what is the dollar value of the ending inventory if there were 17,000 units on hand Dec 31 Show all of your work Jan 1 5,000 @ $0.89 Feb15

  65. Accounting

    Please Help!!!! Trying to get a little help on working this accounting problem. Please help... Jawed enterprises uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated

  66. Math

    The cost of producing x units of a certain commodity is given by P(x)=1000+ int(MC(s))ds from 0 to x, where P is in dollars and M(x) is marginal cost in dollars per unit. A. Suppose the marginal cost at a production level of 500 units is $10 per unit, and

  67. managerial accounting

    Department A had 10,000 units in work in process that were 30% converted at the beginning of the period at a cost of $10,000. During the period, 15,000 units of direct materials were added at a cost of $60,000, 16,000 units were completed, and 9,000 units

  68. ACCOUNTING

    Department A had 10,000 units in work in process that were 30% converted at the beginning of the period at a cost of $10,000. During the period, 15,000 units of direct materials were added at a cost of $60,000, 16,000 units were completed, and 9,000 units

  69. accounting

    Brooks Inc. uses process costing. The costs for Department 2 for April were: Cost from preceding department $20,000 Cost added by department: Materials $21,816 Labor 7,776 Factory overhead (FOH) 4,104 33,696 -------- The following information was obtained

  70. Accounting

    The Converting Department of Soft N' Dry Towel and Tissue Company had 920 units in work in process at the beginning of the period which were 75% complete During the period 16200 unis were completed and transferred to the Packing Department. There were 960

  71. Accounting

    Beginning work in process inventory 17,000 40%. Transferred in from the prior department 72,000. Ending work in process inventory 18,000 30% According to the company records the conversion cost in the beginning work in process inventory was $63.104 at the

  72. accounting

    CAN SOMEONE TELL ME HOW MATERIAL AND CONVERSION IS BROKEN UP IN THIS PROBLEM thanks so much PROBLEM 1 Estrella Company, a company that mass produces a widely used pain medication, uses three processes: mixing, tableting, and bottling. October’s cost and

  73. accounting

    Bubba Production Company produces a homogenous product. All materials are added at the beginning of production and other product costs are added evenly over time until the product is complete. Conversion costs were 70% complete with respect to the 2,000

  74. ACCOUnting

    Chen Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2010 are as follows. Production Data-Basketballs Units Percent

  75. Accounting 8

    The following information is available for Walker Industries: Beginning work in process inventory $30,000 Ending work in process inventory $25,000 Cost of goods manufactured $180,000 Compute total current manufacturing cost?

  76. Calc Help

    The rate of performance is given by dN/dt=1/(2sqroot(t+1)) where N is the number of unity completed t hours after beginning a new tak. If 2 units are completed afer 3 hours, how many units are completed after 8 hours? see your other post under another name

  77. math

    what is the dollar value of ending inventory if there were 17,000 units on hand on December 31? January 1 beginning inventory 5,000 units @$0.89 February 15 purchase 10,000 units @ $0.69 April 15 purchase 2,000 units @ $1.09 July 15 purchase 4,000 units @

  78. Accounting

    Trying to get a little help on working this accounting problem. Please help... Jawed enterprises uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated manufacturing

  79. Accounting

    QualCon, Inc., produces wine bottles for vintners in a process that starts in the Melt and Mold Department. Data concerning that department’s operations in the most recent period appear below: Required: QualCon uses the FIFO method in its process costing

  80. communication

    As such, each department has a different perspective on how to get things done, and what to get done. they have developed, hopefully, well defined policies procedures, as well as specific processes in order to ensure that their work gets completed in an

  81. Accounting

    Mushroom Company, a retail company, has two departments, "G" and "S". The company's most recent monthly contribution format income statement is presented below.

  82. Accounting

    1) Five jobs were worked on this month. Balances are as follows: Job 356, $450; Job 357, $1235; Job 358, $378; Job 359, $689; Job 360, $456. Jobs 356, 357, 358, and 359 were completed but not sold. Job 360 has not yet been completed. Required: Compute the

  83. very hard math question please help

    The Candle Shop -Annual Inventory of candles. _______-________________________________ Jan 1 Beg Inventory 5,000 units @$0.89 ---------------------------------------- Feb 15 Purchase 10,000 units @ $0.69 ________________________________________ April

  84. Cost accounting

    Red River Products uses a normal cost, job order costing system. In the Mixing Department, overhead is applied using machine hours; in Paving, overhead is applied using direct labor hours. In December 2007, the company estimated the following data for its

  85. math

    In recent years, Juresic Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Bus Acquired Cost

  86. business

    In recent years, Juresic Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Bus Acquired Cost

  87. Finance

    What is the projects initial outlay? Should the project be accepted why or why not? New Caledonia Problem 35% tax bracket 12% discount rate Cost of new plant $9,000,000.00 Shipping and $350,000.00 Sales: Year Sales 1 125,000 units 2 140,000 units 3 190,000

  88. Physics

    a truck drives 60 m in 5s, while uniformity slowing to a stop. The average speed during this process is 12 m/s. What is the trucks jnitial speed at the beginning of this process? What is the magnitude of the trucks acceleration during this process? I have

  89. ACCOUNTING

    Calculate cost for a manufacturer, no inventories The following data pertains to the Anderson table mfg company for Jan. 2003 the company made 1000 tables durning Jan, and there are no beginning or ending inventories. wood used in production 25000 $25,000

  90. ACCOUNTING

    Calculate cost for a manufacturer, no inventories The following data pertains to the Anderson table mfg company for Jan. 2003 the company made 1000 tables durning Jan, and there are no beginning or ending inventories. wood used in production 25000 $25,000

  91. accounting

    i AM HAVING TROUBLE WITH THESE TWO QUESTIONS 2-17 Calculate cost for a manufacturer, no inventories The following data pertains to the Anderson table mfg company for Jan. 2003 the company made 1000 tables durning Jan, and there are no beginning or ending

  92. Cost Accounting

    Please somebody can help with the steps of this problem: Thank you (Comprehensive) Construction Company uses a job order costing system. In May 2008, company made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport,

  93. finance

    The capital structure of William Corporation limited consists of an ordinary share capital of Rs.20 lakhs (shares of Rs.100 per value) and Rs.20 lakhs of 10% debentures. The unit sales increased by 20% from 2,00,000 units to 2,40,000 units, the selling

  94. Accounting

    I am having difficulties with the accounting problem below Roland Andersson is the manager of the Ekland Division of Ystad Industries. He is one of several managers being considered for position of CEO, as the current CEO is retiring in a year. All

  95. MATH-PLEASE HELPPP!!!!

    The table below shows the number of hours required in each of two departments to make one unit of various products A, B and C. For example, product B requires 1 hour of time in department I and 3 hours in department II. HOURS REQUIRED PER UNIT OF PRODUCT

  96. math

    The table below shows the number of hours required in each of two departments to make one unit of various products A, B and C. For example, product B requires 1 hour of time in department I and 3 hours in department II. HOURS REQUIRED PER UNIT OF PRODUCT

  97. Math

    The table below shows the number of hours required in each of two departments to make one unit of various products A, B and C. For example, product B requires 1 hour of time in department I and 3 hours in department II. HOURS REQUIRED PER UNIT OF PRODUCT

  98. MATH- please help!

    The table below shows the number of hours required in each of two departments to make one unit of various products A, B and C. For example, product B requires 1 hour of time in department I and 3 hours in department II. HOURS REQUIRED PER UNIT OF PRODUCT

  99. accounting

    lightning industries, located in northern New England, specializes in making Flash, a low alkaline wax that is used to protect and preserve skis. the company began producing at the beginning of the production process. during january, 15300 pounds were used

  100. Accounting

    Units completed 6000 Units in EWIP 2400 Equivalent units 8400 April cost BWIP(40% complete) 1,120 Materials 10,000 convention cost 4,000 total 15,120 1.) calculate the unit cost for april using the Weighted Average Method 2.) Using the Weighted Average

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