The company incurred 30000 in direct labor cost during

Assignment Help Accounting Basics
Reference no: EM13599782

The balance in White Company's work in process inventory account wasw $15,000 on august 1 and $18,000 on August 31. The company incurred $30,000 in direct labor cost during August and requisitioned $25,000 in raw materials ( all direct material). If the sum of the debits to the manufacturing overhead account total $28,000 for the month, and if the sum of the credits totaled $30,000 then was Finished goods debited or credited? and by how much?

Reference no: EM13599782

Questions Cloud

Atlantic company produces a single product for the most : atlantic company produces a single product. for the most recent year the companys net operating income computed by the
For the current year paxman company incurred 175000 in : for the current year paxman company incurred 175000 in actural manufacturing overhead cost. the manufacturing overhead
In the direct labor variance matrix there are three : in the direct labor variance matrix there are three factors 1 actual hours actual rate 2 actual hours standard rate and
Eichelberger trucking won a settlement in a lawsuit and was : eichelberger trucking won a settlement in a lawsuit and was offered four different payment alternatives by the
The company incurred 30000 in direct labor cost during : the balance in white companys work in process inventory account wasw 15000 on august 1 and 18000 on august 31. the
The red white amp blue partnership was begun with : the red white amp blue partnership was begun with investments by the partners as follows red 129000 white 159000 and
Leon plans to save 300 per month at the end of each month : leon plans to save 300 per month at the end of each month for retirement. he has 27 years to save for retirement. at an
In a crecent period 13000 units were produced and there was : in a crecent period 13000 units were produced and there was a favorable labor efficiency variance of 23000. if 40000
After reflecting on what you have learned and how you have : after reflecting on what you have learned and how you have benefited by taking ac300 intermediate accounting i write a

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Wat would you do as controller for the firm do you have a

you are controller for an architectural firm whose accounting year ends on december 21. as par of the management team

  Prepare the following budgets for march 2012a revenues

budgetschedulesforamanufacturer.logospecialtiesmanufacturesamongotherthingswoolen blankets for the athletic teams of

  Which one of following statements describes the rules about

which one of the following statements describes the rules about posting transactions into t-accounts in the ledger? for

  What other analysis would you conduct if you were

using the company that you used for your mid-term assignment you are to conduct the following additional analysisfrom

  What is the margin of safety percentage as a percent of

pampq company has provided you the following information. monthly fixed expenses are 5000 usd and variable expenses per

  Debra is talking to alex her stockbroker debra asks alex if

1. mary tudor decides to use insider information to sell stock. she justifies this decision by saying that if she did

  Kyle inc has collected the following data on one of its

kyle inc. has collected the following data on one of its products direct materials standard 4 per finished unit total

  The requirements of the sarbanes-oxley act which requires

the requirements of the sarbanes-oxley act which requires public companies to engage independent auditors. does the

  Explain why deferred income taxes can be reported as both

access the financial statements and related disclosure notes of google inc. from its website at investor.google.com. in

  Effects of changes in sales expenses and assets on

effects of changes in sales expenses and assets on roi.busserv.com corporation provides business-to-business services

  A company has the choice of either selling 1000 defective

a company has the choice of either selling 1000 defective units as scrap or rebuilding them. the company could sell the

  How much is the gross amount if this information is not

how much is the gross amount? if this information is not shown on the balance sheet you should be able to find it in

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