Calculate ending balance of the direct materials inventory

Assignment Help Accounting Basics
Reference no: EM132125803

Question - This needed to be solved like

Direct materials Inventory beginning balance- $184

Direct materials purchased- $640

Direct materials used- $675

Total Manufacturing overhead costs- $788

Variable manufacturing overhead Costs- $465

Total manufacturing Costs- $2820

Work-in-process inventory beginning balance- $403

Cost of Goods Manufactured- $2905

Finished Goods inventory beginning balance- $228

Cost of Goods Sold- $3100

Required: Calculate the following amounts: Calculate this A, B, C, D, and E used table above.

A) Ending balance of the direct materials Inventory.

B) Fixed Manufacturing overhead costs for October 2017.

C) Direct manufacturing labor costs for October 2017.

D) Ending balance of work-in-process Inventory.

E) Ending balance of finished Goods Inventory.

Reference no: EM132125803

Questions Cloud

Describe one cause of data breaches : Describe one cause of data breaches or of loss of control over Personally Identifiable Information.
Flow processing of liquor in a mineral refining plant : ENEM20003 – Thermofluid Engineering Applications - Brief research on composition and rheological properties on the behavior of bauxite slurry
Why do you feel the given skills are most important : Many people have argued that the skills needed to be successful in today's workforce have changed. What skills do you feel an individual needs to be successful.
Choose a decision problem that you might encounter : Choose a decision problem that you might encounter in your daily work similar to those we have seen in the overviews of this course.
Calculate ending balance of the direct materials inventory : Direct materials Inventory beginning balance- $184, Direct materials purchased- $640. Calculate Ending balance of the direct materials Inventory
Do you believe that the pharmacist should be charged : A patient is recovering from surgery in the hospital. The doctor has prescribed a blood thinner for the patient after surgery to reduce the possibility.
Page business proposal to a specific audience : Write a 3-5 page business proposal to a specific audience in which you are offering another company or client your services (sales proposal);
Define elements of negligence and professional negligence : Your first scenario should apply the elements of negligence and professional negligence (malpractice) to a patient claim against a healthcare provider.
Calculate the amounts lionel can deduct for interest : Calculate the amounts Lionel can deduct for interest on higher education loans under the following circumstances: Lionel's AGI before deducting interest

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