During march the production department of a process

Assignment Help Accounting Basics
Reference no: EM13581112

During March, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of the units transferred, 30,000 were in process at the beginning of March and 200,000 were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 64% complete with respect to labor. At the end of March, 39,000 additional units were in process in the production department and were 100% complete with respect to materials and 39% complete with respect to labor. Compute the number of units transferred to finished goods.

Reference no: EM13581112

Questions Cloud

The reciprocal method is more justifiable because it : the direct method allocates service center costs to operating departments in proportion to activity performed for the
Which bond should an investor with a tax rate of 30 invest : which bond should an investor with a tax rate of 30 invest in? bond a is from a tax-exempt organization and carries an
The following production data were taken from the records : the following production data were taken from the records of the finishing department for june inventory in process 6-1
A corporation was organized on january 1 of the current : a corporation was organized on january 1 of the current year with an authorization of 20000 shares of 4 preferred stock
During march the production department of a process : during march the production department of a process manufacturing system completed a number of units of a product and
Which of the following pair of journal entries correctly : which of the following pair of journal entries correctly records the current months activity where 125000 of raw
Murphy company plans to produce 50000 units in march and : murphy company plans to produce 50000 units in march and 60000 units in april. each unit requires 6 pounds of direct
On november 1 2013 abc company borrowed 200000 for 90 days : on november 1 2013 abc company borrowed 200000 for 90 days at 9 interest by signing a note. assume that the face value
K2b co is considering the purchase of equipment that would : k2b co. is considering the purchase of equipment that would allow the company to add a new product to its line. the

Reviews

Write a Review

Accounting Basics Questions & Answers

  July 31 ramirez company has the following bank information

july 31 ramirez company has the following bank information cash balance per bank 7420 outstanding checks 762 deposits

  When using the high low method the question says be sure

when using the high low method the question says be sure to consider only the data points contained in the relevant

  Income statement in the contribution margin

Prepare an income statement in the contribution margin format. For simplicity, assume that the Jindal began and ended the year with zero inventories of any kind.

  How much of the interest is apportioned to u.s.source income

How much of the interest is apportioned to U.S. source income?

  Calculate dollar generals gross profit percentage expressed

dollar general corporation operates approximately 9400 general merchandise stores that feature quality merchandise at

  Assuming fab wishes to minimize cost

Assuming that the spot rate in 90 days is $.71, what is the net amount paid, assuming FAB wishes to minimize its cost?

  Eugene wright is cfo of caribbean cruise lines the company

eugene wright is cfo of caribbean cruise lines. the company designs and manufactures luxury boats. its near year-end

  Cool breeze skis makes and sells specialty skis on june 30

cool breeze skis makes and sells specialty skis. on june 30 the company had 312 pairs of skis in finished-goods

  Forensic-type fieldwork phase

What is meant by the forensic-type fieldwork phase of an audit?

  The company allocates building maintenance cost on the

martinez inc. has tow separate departments human resources and building maintenance and two production departments. the

  Evaluate asset turnover ratio and profit margin ratio

What is Staples, Inc."s (a) asset turnover ratio and (b) profit margin ratio? (Round to two decimals.) Provide a brief interpretation of your results.

  Prepare income and expenditure account and balance sheet

Annual subscription for each member is Rs.120,Rs.240 being in arrear for 1998. Prepare Income & Expenditure Account and Balance Sheet.

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