Conversion cost-direct materials cost-direct labor cost

Assignment Help Financial Accounting
Reference no: EM13752418

In September direct labor was 40% of conversion cost. If the manufacturing overhead for the month was $66,000 and the direct materials cost was $20,000, the direct labor cost was: $13,333 $44,000 $99,000 $30,000.

Reference no: EM13752418

Questions Cloud

Information relating to job costing : Prepare Journal Entries from (in table) the following information relating to Job Costing. The material storeroom receives a shipment of direct and indirect materials that cost $ 12,000. Materials are sent to the stamping and assembly areas. The Cost..
Preparing a standard cost summary and making journal entires : Preparing a standard cost summary and making journal entires. The normal capacity of Albany Adhesives Inc. is 40,000 direct labor hours and 20,000 units per month. A finished unit requires 6lbs of materials at an estimated cost of $2 per pound. Prepa..
Companys total manufacturing costs : Morrow Corporation manufactures part no. 67, which is used in the production of mountain bikes. Per-unit information about part no. 67 follows. If management desired to meet the prevailing market price and maintain the current rate of profit on sales..
Manufactures wind turbine generating systems : Montclair Corporation designs and manufactures wind turbine generating systems and sells them to private energy producers. Many of their sales are structured to allow their customers to pay for equipment on an installment basis. In 2001 Montclair sol..
Conversion cost-direct materials cost-direct labor cost : In September direct labor was 40% of conversion cost. If the manufacturing overhead for the month was $66,000 and the direct materials cost was $20,000, the direct labor cost was: $13,333 $44,000 $99,000 $30,000
Write a paper on substance abuse by nurses : Write a paper on Substance Abuse by Nurses. Where did the issue originate, Who first became concerned and Who are the participants?
Create a goal in a google analytics account : Create a goal in a Google Analytics account and An analysis of the impact that the information which is generated in the form of reports will have on the client
Why might mattel set a much lower contribution margin : Why might Mattel set a much lower contribution margin on its Barbie dolls than on the accessories for the dolls - the market for woment and the market for men are not separated. You cannot charge for men and woment differently.
Bundle price is less than the sum of the standalone prices : When the bundle price is less than the sum of the standalone prices, the discount should be allocated to

Reviews

Write a Review

Financial Accounting Questions & Answers

  Theory question based on revenue recognition

Theory question based on revenue recognition - What factors does the standard discuss that may impair the ability to make a reasonable estimate of returns?

  Calculate the expense on the income statement

Calculate the expense on the income statement for the fiscal year ended December 31, 2012 under current GAAP related to the operating leases.

  Elucidate the amount of goodwill or other intangible assets

Based on Nike Inc's acquisition of Converse (shoe company): elucidate the amount of goodwill or other intangible assets derived from the transaction and explain whether or not you support that this value was created as a result of the business co..

  Advise olsen to make the gift unrestricted or restricted

Do you recommend that the organization advise Mr. Olsen to make the gift unrestricted or restricted? Give your reasons.

  Penury company offers two products at present the following

penury company offers two products. at present the following represents the usual results of a months

  Calculation of unit sales volume where income equals

calculation of unit sales volume where income equals costs.delong inc. has fixed operating costs of 470000 variable

  Evaluating the npv for each project

Evaluate the value of a share of Turkish Air's stock.

  What is total shareholders equity at the end of 2011

Purchased 3,000 shares of treasury stock at $10 (part of the 20,000 shares issued at $8). What is total shareholders' equity at the end of 2011?

  Journal entries to record hedgingjensen company forecasts a

journal entries to record hedging.jensen company forecasts a need for 200000 pounds of cotton in may. on april 11 the

  Department versus activity-based costing for overhead

Department versus Activity-Based Costing for Overhead - prepare analyses to help Robert and Jane in making their decisions

  Calculation of return on common stockholders equitythe

calculation of return on common stockholders equity.the following information is available for wenger

  This project should be completed using excel with formulas

this project should be completed using excel with formulas and linked data. the parameters of the project are below1.

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