User Account

All Pages

Discuss total cost of units in ending wip inventory minus

Assignment Help Accounting Basics
Reference no: EM131812697

Baron Corporation has two sequential processingdepartments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process.

Beginning WIP Inventory 8,000 units
Transferredminus-in costs in beginning WIP Inventory $110,200
Direct materials cost in beginning WIP Inventory $24,500
Conversion costs in beginning WIP Inventory $22,750
Units transferredminus-in 57,000 units
Transferredminus-in costs $546,300
Units completed 52,000
Costs added: direct materials $167,120
Costs added: conversion costs $245,570
Ending WIP Inventory 13,000 units
(40% complete for materials and 30% complete forconversion)  

The total cost of units in ending WIP Inventoryminus-Shaping would be closest to

A. $146,000.

B. $36,140.

C. $237,250.

D. $167,440.

Reference no: EM131812697

Questions Cloud

Have you ever seen the cockpit of an airplane : Have you ever seen the cockpit of an airplane? The dashboard is covered with a variety of knobs and gauges.
Prepare the consolidation entries necessary : Prepare the consolidation entries necessary to prepare consolidated financial statements for the year ending 30 June 20X5. Assume that Parent Ltd
Probabilities in connection with the roll of single fair die : Compute the following probabilities in connection with the roll of a single fair die. The probability that the roll is even.
Summary of significant accounting policies : Presented below are excerpts from Note 1 to Starbucks' September 30, 2012, consolidated financial statements in which Starbucks describes
Discuss total cost of units in ending wip inventory minus : The total cost of units in ending WIP Inventory minus-Shaping
Production departments-fabricating and finishing : Sanders Company has two production departments: Fabricating and Finishing. Beginning inventories are: Work in Process-Fabricating, $6,030;
Compute the probability that the second toss is heads : Compute the following probabilities in connection with two tosses of a fair coin. The probability that the second toss is heads.
Discuss current airport security methods : BUS105 Business Information Systems Assignment: Security, privacy and future airport demands. Discuss current airport security methods
Unable to pay a capital deficiency : When a partner is unable to pay a capital deficiency: The remaining partners must wait for the deficiency to be paid before cash is distributed

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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