User Account

All Pages

What are the costs to be assigned to units

Assignment Help Accounting Basics
Reference no: EM13512605

Clauss Company transfers out 14,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are entered at the beginning of the process and there is no beginning work in process.

Assuming unit materials costs of $3 and unit conversion costs of $5, what are the costs to be assigned to units

(a) Transferred out and

(b) In ending work in process?

Reference no: EM13512605

Questions Cloud

Explain which one would reach the higher temperature : Assuming you have avaiable to you a 50.0 g sample of glass (c=0.0837 J/g C) and a 50.0 g sample of iron (c=0.0452 J/g C). Both samples start at room temperature, 24.3C. If 500.
Financial engineering and risk management : In providing protection against declining prices, the purchase of puts provides more reliable protection than does the writing of covered calls.
Develop the objective function and constraints : There is a maximum demand of 175 units per day for product A. Develop the objective function and constraints.
Define what ph is required to start precipitation of fe(oh)3 : What pH is required to start precipitation of Fe(OH)3 from a 0.110 M solution of FeCl3? Ksp of Fe(OH)3 = 4.0 10-29
What are the costs to be assigned to units : Clauss Company transfers out 14,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are entered at the beginning of the process and there is no beginning work in process.
Define what can she do to purify the disodium malonate : A student accidentally mixed small pure white crystals of napthalene into a small vial containing small white crystals of disodium malonate. What can she do to purify the disodium malonate away from the naphtalene quickly
Obtain the angle that the rod makes with the horizontal : A uniform 1.9-kg rod that is 0.90 m long is suspended at rest from the ceiling by two springs, one at each end. Find the angle that the rod makes with the horizontal
Describe underapplied and overapplied overhead : Describe underapplied and overapplied overhead. What is commonly done with the underapplied or overapplied balance in the factory overhead account?
Discuss the organizational and manager-behavior : Assume that you are the division controller of Ajax. Would you recommend that Ajax supply fitting no. 1726 to Defco? Why or why not? (Ignore any tax issues.)

Reviews

Write a Review

Accounting Basics Questions & Answers

  You are in the role of a consultant with ten years experienc

You are in the role of a consultant with ten years experience in the health care insurance industry. A group of 20 doctors are considering forming a new medical group and have asked you to prepare a report on whether they should build a facility in a..

  A standard costing system is the traditionally used costing

Which employees outside of accounting do you think should be an integral part of setting the standard costs for products?

  Estimated fixed cost element of power costs

In April, a month of low activity, 2,000 machine hours were run and power costs amounted to $6,000. Using the high-low method, the estimated fixed cost element of power costs is

  Bond retirement-gain or loss

On February 1, 2008, Pat Weaver Inc. (PWI) issued 10%, $1,000,000 bonds for $1,116,000. PWI retired all of these bonds on January 1, 2009, at 102. Unamortized bond premium on that date was $92,800. How much gain or loss should be recognized on thi..

  Keeping a manual accounting system

Your friend, Wendy Geiger, owns a small retail store that sells canies and nuts. Geiger acquires her goods from a few select vendors. She generally makes purchase orders by phone and on credit. Sales are primarily for cash. Geiger keeps her own ma..

  Determine the breakeven point in units sold and sales dollar

Lowman Corporation sells only one product with a selling price of $200 and a variable cost of $80 per unit. The company's monthly fixed expense is $60,000.

  Maserati corporation purchased a new machine for its

maserati corporation purchased a new machine for its assembly process on august 1 2012. the cost of this machine was

  Weaver companys predetermined overhead rate is 1800 per

weaver companys predetermined overhead rate is 18.00 per direct labor-hour and its direct labor wage rate is 16.00 per

  Superior analyzing the performance of sac

Write a memo to your superior analyzing the performance of SAC for 2005 and 2006. This analysis should be based on the information found in the consolidated financial statements.

  Find out the amount of depreciation expense for the years

knife edge company purchased tool sharpening equipment on july 1 2010 for 16200. the equipment was expected to have a

  Problem on short-term liability

A company with working capital of $500,000 and a current ratio of 2.5pays a $85,000 short-term liability. The amount of working capital immediatelyafter payment is:

  Re-figuring the depletion rate for year

Change in estimated amount of ore to be mined from year one to year 2. year 1 is 400000 and year 2 is 487500 tons. mined 50000tons in first year and mined 80,000 tons second year of which 60000 tons sold residual or salvage value of the land is $1..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd