Units of production data for the two departments of

Assignment Help Accounting Basics
Reference no: EM13604115

Units of production data for the two departments of Continental Cable and Wire Company for April of the current fiscal year are as follows:drawing department winding department

working process april 1 5400 units 40 % completed 2200 units 70 % completed
completed and transfer to next
processing department during april 74000 units 73200 untis
work inprocess april 30 4100 units, 55 % complted 3000 units 15 % completed

a. If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units of production for April for the Drawing Department. Enter all amounts as positive numbers. If an amount is zero or a blank, enter in 0. Equivalent untis
direct materials conversion

Q ) invontory in process april 1 ___________
Q ) transfer to winding department in april ___


b)If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units of production for April for the Winding Department. Enter all amounts as positive numbers. If an amount is zero or a blank, enter in 0.
direct materials conversion
Q ) invontory in process april 1 __________
Q) transfer to finishing goods in april ______

Reference no: EM13604115

Questions Cloud

O january 1 2012 palmer company leased equipment to woods : on january 1 2012 palmer company leased equipment to woods corporation. the following information pertains to this
Look up the financial statement of pepsicola inc in its : look up the financial statement of pepsicola inc. in its latest annual report. what 3 items of important information
Moiton cos assets include notes receivable from customers : moiton co.s assets include notes receivable from customers. during fiscal 2010 the amount of notes receivable averaged
Following are the current asset and current liability : following are the current asset and current liability sections of the balance sheets for freedom inc. at january 31
Units of production data for the two departments of : units of production data for the two departments of continental cable and wire company for april of the current fiscal
The converting department of forever fresh towel and tissue : the converting department of forever fresh towel and tissue company had 840 units in work in process at the beginning
The collins company forecasts that total overhead for the : the collins company forecasts that total overhead for the current year will be 12000000 and that total machine hours
Salter incs unit selling price is 50 the unit variable : salter inc.s unit selling price is 50 the unit variable costs are 35 fixed costs are 125000 and current sales are
If the materials handling cost is allocated on the basis of : a company allocates materials handling cost to the companys two products using the below datamodular homes prefab

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Gain or loss of the transaction

A bond issued with a face value of 200000 and a carrying amount of 195500 is paid off at 98 1/2 and retired. The gain or loss on this transaction is:

  A particular project requires an initial investment of

a particular project requires an initial investment of 10000 and is expected to generate future cash flows of 4000 for

  At the beginning of the recent period there were 880 units

at the beginning of the recent period there were 880 units of product in a department one-third completed. these units

  Finding the net income

Tonga Industries reported the following: Net Sales $450,000 Cost of goods sold $360,000 Operating expenses $60,000 Tax Rate 40% The net income is:

  Performance audits differ from financial audits

Performance audits differ from financial audits

  Compute the price-earnings ratio for each of these four

compute the price-earnings ratio for each of these four separate companies. which stock might an analyst like

  During 2012 edwards co sold inventory to its parent company

during 2012 edwards co. sold inventory to its parent company forsyth corp. forsyth still owned all of the inventory at

  Compute the standard pounds of direct materials allowed for

during the year minot company produced 120000 drills for industrial equipment. minots direct materials and direct labor

  Investor in stocks and bonds

Fluent, an investor in stocks and bonds, wanted to increase his portfolio but wanted to minimize his tax liability on the income from the bonds. He is presented with the following alternative investments:

  Prepare the operating activities section of the statement

the income statement of rodriquez company is shown below.rodriquez company income statement for the year ended december

  Compare the tax consequences to the shareholder and the

compare the tax consequences to the shareholder and the distributing corporation of the following three kinds of

  Maplewood co uses process costing to account for the

maplewood co. uses process costing to account for the production of canned energy drinks. direct materials are added at

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