Jacobson manufacturing company

Reference no: EM13939681

Jacobson Manufacturing Company makes a single product in a single process and uses weighted average process costing. All material is added at the start of the process. The following information is available for March production: Beginning: Work in Process (30% complete with respect to labor)12,000 units; Plus Units Started120,000; Total to account for--$132,000; Less Ending work in Process (70% complete with respect to labor)15,000; Units completed117,000. The following costs are available for March: Beginning Work in ProcessMaterial--$7,200; Conversion Cost--$1,332; Total Cost--$8,532. Current CostMaterial--$70,680; Conversion Cost47,118; Total Current Cost117,798 What is the sum of the dollar amount of the ending work in process inventory and the cost of goods transferred to finished goods (these are the total costs to account for in calculating the weighted average cost per unit)? a. $77,880 b. $48,450 c. $117,798 d. $126,330 NOTE: This question is NOT our property; we are only suggesting solution of this question.

Reference no: EM13939681

Questions Cloud

Project on network security : Can you do project on network security any topic it can be practical/ theoretical / or survey. it has to be 8-12 pages long and follow the IEEE journal standard and also need to show or demo or code or whatever the product is.

Expand the "currency conversion" program to include a menu : Expand the "Currency Conversion" program to include a menu that allows the user to choose which currency he/she wishes to display in its equivalency to the US dollar. - Correctly use at least 1 function or subroutine

Do organizing effects have an influence on brain development : Are the organizing effects similar in the development of male and female brains? Or are there differences when it comes to the structure or function of the brain between the sexes?

Mutually exclusive projects-both require initial investment : Atlas Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,000 at t = 0. Project S has an expected life of 2 years with after-tax cash inflows of $6,000 and $8,000 at the end of Years 1 and 2, respectively. ..

Jacobson manufacturing company : Jacobson Manufacturing Company makes a single product in a single process and uses weighted average process costing. All material is added at the start of the process. The following information is available for March production: Beginning:

Global health topic : Global Health Research Paper: Summary Using the information you completed in Part One (Unit 4) and Part Two (Unit 9), write an essay (minimum 750 words, double-spaced), using 12-point Times New Roman font, with 1" margins regarding your country an..

Compute the margin and turnover ratios for last year : Elway Company provided the following income statement for last year: Compute average operating assets. Compute the margin and turnover ratios for last year. Compute ROI.

Components and functions of each primary organ : Identify the components and functions of each primary organ or structure in the urinary system and explain the flow of urine from each of the primary organs and structures.

Challenges confronting the australian health system : Write 300 words on what you consider to be the most significant challenges confronting the Australian health system.

User Account

All Pages