Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Medical laboratories. Inc. produces an antibiotic product in its three producing departments. The following quantitative and cost data have been made available.
Blending
Testing
Terminal
Production data:
Started into production
8000 kg
5400kg
3200kg
Transferred to next dept
5400
3200
Transferred to finished good storeroom
2100
In process (100%materials, 1/3labour and Overhead)
2400
1800
In process (100%materials,2/3 labour and Overhead)
900
Cost charged to departments:
Materials
Rs 20,670
Rs 7,980
Rs 14,400
Labour
Rs 11,160
Rs 5,016
Rs 11,520
Factory overhead
Rs 5,580
Rs2,280
Rs 5,040
Total
Rs 37,410
Rs 15,276
Rs, 30,960
Lost units are normal and apply to allproduction.
Required:
1. A quantity schedule for each of the three departments.
2. An equivalent production schedule for each of the three departments.
On January 1, 2009, Boston Company purchased a heavy duty machine having an invoice price of $13,000; Boston paid transportation and installation costs totaling $3,000.
At the beginning of the year, the estimated direct labor-hours were 17,900 hours and the total estimated manufacturing overhead was $341,890. At the end of the year, actual direct labor-hours for the year were 16,700 hours and the actual manufact..
Determine the amount that the South Region's costs were over or under budget.
What factors might occur during the season that would alter the volume sold and thus the break-even price Annie might charge?
The fair value of all Hathaway's identifiable tangible and intangible assets was $48,000,000. Short will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition?
What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this were an annuity due, what would its future value be?
Adam, Barbara and Charlotte formed the equal ABC partnership; Adam and Barbara each contributed cash of $100,000 and Charlotte contributed land worth $130,000 with a basis of $120,000 and subject to a mortgage of $30,000. In the first year, (using..
Annie callled in distraught because her property tax bill was over $ 10,000, and she had no means of paying the bill. She also wanted to know how much income tax she had to pay on this 'wonderful' event.
Federated fabrications leased a tooling machine on January 1, 2011, for a three-year period ending December 31, 2013. The lease agreement specified annual payment of $36,000 beginning with the first payment at the inception of the lease, and each ..
The partnership made an ordinary cash distribution of $10,000 to Marcie, and paid guaranteed payments to partners Marcie, Alice, and Pat of $20,000 each ($60,000 total). How much will Marcie's adjusted gross income increase as a result of the abov..
How are bond ratings determined?
Let's say that a company produces a single product with a sale price of $25 per unit. The variable cost per unit is $15 and the company incurs fixed costs of $50,000 per month. What is the breakeven point for this company in units and sales dollar..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd