Materials costs and conversion costs problem

Assignment Help Accounting Basics
Reference no: EM13149424

Materials costs of $200,000 and conversion costs of $214,200 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 were no units in beginning work in process, 100,000 units were started into production in September, and there were 8,000 units in ending work in process that were 40% complete at the end of September.

Reference no: EM13149424

Questions Cloud

How many grams of nh4cl must be added : How many grams of NH4Cl must be added to 0.490 L of 1.00 M NH3 solution to yield a buffer solution with a pH of 8.90?
Explain the final temperature of the water and metal : The final temperature of the water and metal was 25.0 C. Assuming no heat is lost to the surroundings,calculate the specific heat of the metal and estimate its atomic weight
What is anarchy when referring to international relations : What is Anarchy when referring to International Relations? Why is the concept of Anarchy important for understanding the difficulties for international negotiations on environmental issues?
Disadvantages of using automated accounting systems : What are the advantages and disadvantages of using automated accounting systems to do adjusting entries?
Materials costs and conversion costs problem : Materials costs of $200,000 and conversion costs of $214,200 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 proce..
Find probability that selected graduates finds a job : Find the probability that among 9 randomly selected graduates, at least one finds a job in his or her chosen field within a year of graduating.
Calculate the [ch3co2h] ionized in solution : Calculate the [CH3CO2H] ionized in solution for 0.1M acetic acid knowing that ph= 2.9 [H+]= 1.26 x 10^-3 M  , [OH-]= 7.94 x 10^-12 M
Why would the second set of broths be used : when conducting phenol red broth fermentation test, some microbiologists inoculate two sets of broth, one with carbohydrate and one without (PR Base Broth). Given that an uninoculated control is used to increase the reliability of the test, why wo..
Explain a gas mixture being used to simulate the atmosphere : A gas mixture being used to simulate the atmosphere of another planet consists of 319 mg of methane, 171 mg of argon, and 212 mg of nitrogen

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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