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Materials cost of $600,000 and conversion of $765,000 were charged to a processing department in the month of September.Materials are added at thr beginning of the process,while conversion costs are incurred uniformly throughout the process.There wre no units in beginning work in process,20,000 units were started into production in Semptember,and ther were 5,000 units in ending work in process that were 40% complete at the end of Semptember.
What was the total amount of manufacturing costs assigned th those units that were completed and transferred out of the process in Semptember?
Melanie could like you, the staff accountant, to charge the advertising expense for the Hobby department to Toy's. With only these facts, would you modify the accounting for the two departments?
Can you obtain a copy of the full text of FASAB statements from this Web site? If not, explain how would you obtain a copy of a statement pertinent to federal agencies? What is the cost to purchase a statement?
Make the journal entry necessary on Plitt's books to record the factoring of the accounts.
Rensing, Inc., has $800,000 of 6 percent preferred stock and $1,200,000 of common stock outstanding, each having a par value of $10 per share
It purchased goods for $380,000 and had beginning inventory of $70,000. A count of its ending inventory determined that goods on hand was $50,000. Illustrate what was its cost of goods sold?
Evaluate the monthly margin of safety in dollars if the business achieves it's operating income goal?
Which inventory costing method assigns the cost of the most recent items purchased to the ending inventory balance?
Computation of trend analysis for analysis financial statement - Using 2005 as the base year, prepare a trend analysis on the above data and tell whether the results suggest a favorable or unfavorable trend and why.
How did Sprint report the debt in its balance sheet? Why?
Make a series of reports Whole period-end accounting activities (adjusting entries) Examine the firm via a series of questions (see the Check Your Progress- Project section of the project)
Prepare consolidation worksheet for Crain and Downey at December 31, 2005.
Seville Corporation uses the weighted average method to prepare production reports. How many units did Seville complete and transfer?
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