During the current period department a finished and

Assignment Help Accounting Basics
Reference no: EM13583128

During the current period, Department A finished and transferred 50,000 units to Department B. Of the 50,000 units, 20,000 were 1/5 complete at the beginning of the period and 30,000 were started and completed during the period. Also during the period, 10,000 units were started but brought only to a stage of being 3/5 completed. If the FIFO method is used and $13,000 of overhead was charged to Department A during the period, how much overhead should be allocated to the ending goods in process inventory?

Reference no: EM13583128

Questions Cloud

The long-term note payable bears interest at 1 per month : the long-term note payable bears interest at 1 per month. the unadjusted interest expense account equals the amount
A friend that has no money says he wrote me a check for : i have 300000 to invest after winning a lottery and have the following offers from various people.1. 50000 per year for
On november 3 this year kerry acquired and placved into : on november 3 this year kerry acquired and placved into service 7-year business equipment costing 80000. in addition on
Accounts receivable from sales transactions were 45338 at : accounts receivable from sales transactions were 45338 at the beginning of the year and 63068 at the end of the
During the current period department a finished and : during the current period department a finished and transferred 50000 units to department b. of the 50000 units 20000
2 years ago aspen ridge purchased a photo with the intent : 1. for 2011 compete aspen ridge limited partnerships page 1 of form 1065 schedule k on page 4 of form 1065 complete
On october 30 seba salon inc issued a 90-day note with a : on october 30 seba salon inc. issued a 90-day note with a face amount of 60764 to reyes products inc. for merchandise
What factors including other drugs do affect the toxicities : what factors including other drugs do affect the toxicities associated with aminoglycosides and how is dosing adjusted.
Do mental health counselors with doctoral degrees earn a : 1. do mental health counselors with doctoral degrees earn a higher yearly income than those with masters degrees 5

Reviews

Write a Review

Accounting Basics Questions & Answers

  Treasury stock transactions-presentation-jodz company

Jodz Company had the following stockholders' equity as of January 1, 2004. Prepare the journal entries to record the treasury stock transactions in 2004, assuming Jodz uses the cost method.

  Calculate the equipment internal rate of return

The Pearce Club, Inc., is considering investing in an exercise machine that costs $5,000 and would increase revenues by $1,500 a year for five years. The machine would be depreciated using the straight-line method over its useful life and have no ..

  Earnings account to paid-in capital accounts

What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

  Journal entry for wood and engram

Wood Incorporated factored $150,000 of accounts receivable with Engram Factors Inc. on a wotkout-recourse basis. Engram assesses a 2% finance charge of the amount of accounts receivable and retains an amount equal to 6% of accounts receivable for ..

  Amount of depletion expense

Determine the amount of depletion expense for the current year. Illustrate the effects on the accounts and financial statementsof the depletion expense.

  Assessment of the sustainability of ups

How is FedEx performing? How, if at all, do is performance and plans affect your assessment of the sustainability of UPS's current performance?

  Estimated fixed cost element of power costs

In April, a month of low activity, 2,000 machine hours were run and power costs amounted to $6,000. Using the high-low method, the estimated fixed cost element of power costs is

  A company is deciding whether or not to replace some old

a company is deciding whether or not to replace some old equipment with new equipment. which of the following is not

  Preparing a cash distribution plan problem

Prepare a cash distribution plan as of September 30, 2009, showing how much cash each partner will receive if the offer to sell the assets is accepted.

  Demand for the product that the company should emphasize

Demand for the product that the company should emphasize in part (a) above, up to how much should the company be willing to pay for an additional hour of tapping machine time?

  Amount of cost in ending work in process inventory

The beginning work in process inventory had a balance of $2,000. There were $42,000 of product costs added to work in process during the period. The amount of cost in ending work in process inventory is ??

  Discussing the benefits of budgeting.

Alex Mashiri and Dana Mendel are discussing the benefits of budgeting. They ask you to identify the primary advantages of budgeting. Comply with their request.

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