Consider each finished unit we produce requires the

Assignment Help Cost Accounting
Reference no: EM13370521

Consider each finished unit we produce requires the subsequent two direct materials:

1. 500 pounds of direct material A at a total cost of $400 for this material.
2. 500 pounds of direct material B at a total cost of $600 for this material.

No other direct materials are needed. In reviewing WIP at the end of the period, ALL of direct material A has been added and NONE of direct material B has been added.

QUESTION:
Find what is the overall completion percentage for WIP as to direct materials at end of the period?

Reference no: EM13370521

Questions Cloud

1 fairfax company had a balance in deferred tax liability : 1. fairfax company had a balance in deferred tax liability of 840 on 31st december 2014 resulting from depreciation
Ip ltd reports the subsequent intangible assetspatents at : ip ltd reports the subsequent intangible assetspatents at directors valuation 160 millionless accumulated amortisation
The account balances appearing on trial balance below were : the account balances appearing on trial balance below were taken from general ledger of johns copy shop at 30th
Easton corporation makes two diverse boat anchors - a : easton corporation makes two diverse boat anchors - a traditional fishing anchor and a high-end yacht anchor - using
Consider each finished unit we produce requires the : consider each finished unit we produce requires the subsequent two direct materials1. 500 pounds of direct material a
Padre holds 100 of the outstanding shares of sonora on 1st : padre holds 100 of the outstanding shares of sonora. on 1st january 2009 padre transferred equipment to sonora for
Brown corporation has 1000 shares of common stock : brown corporation has 1000 shares of common stock outstanding. bob owns 300 of shares bobs mother owns 300 shares bobs
What effect does purchase of buildings financed by mortgage : what effect does purchase of buildings financed by mortgage have on 1 times interest earned 2 debt ratio 3 equitydebt
You are an accountant and have 2 clients youll be dealing : you are an accountant and have 2 clients youll be dealing with during assignment. jumpinjehosaphats is a haberdashery

Reviews

Write a Review

Cost Accounting Questions & Answers

  Worldwide accounting diversity international accounting

worldwide accounting diversity international accounting doupnik and pereraexplain diversity through annual reports of

  Calculate the social security taxes for the journal entry

Social Security taxes: 4% on the first $55,000 earned per employee and the company incurred a salary expense of $50,000 during February. how do I calculate the social security taxes for the journal entry.

  What is the amount of unrestricted cash and investments

What is the amount of unrestricted Cash and Investments at 9/30/15 and what is the amount restricted Cash and Investments at 9/30/15?

  How individual remuneration packages of executives

The potential forms of ex-post opportunistic behaviour that managers may still engage in despite the existence of performance contracts?

  What is the amount of depreciation expense for 2014

What is the amount of depreciation expense for 2014?

  Prepare an income statement for july

Prepare the journal entries to record the transactions in July using normal costing, Calculate the over applied or under applied overhead for July. Utilize the proration method to prepare a journal entry to close this balance, Prepare a schedule of ..

  Questionsweet products produces mint syrup used by candy

questionsweet products produces mint syrup used by candy and gum companies. currently the company has had excess

  1 which of the following are easy to trace to individual

1. which of the following are easy to trace to individual jobs?nbsp a. direct materials and overheadb. direct materials

  The eo queue hospital is trying to evaluate how many

the e.o queue hospital is trying to evaluate how many bedpans to buy at a time. they use just about 2000 per year. each

  What will the customer are charged

Which of the following is not a relevant value in this problem and What will the customer are charged

  Balances to be reported in the financial statements

Calculate the balances to be reported in the financial statements dated December 31, 2012 - valuation Allowance for Available-for-Sale securities

  How much value will this investment create for the firm

How much value will this investment create for the firm and at what discount rate will this project break even?

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