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!
Question :
Bemidji Manufacturing manufactures laptop computers in three departments: assembly, packaging and testing. Prior to the start of the production process, all of the component and materials parts are placed into a "kit." Manufacturing starts when the assembly department receives a kit and starts putting the computer together. Thus, all materials are added at the starting of the work in the assembly department. Conversion costs are added evenly all through the assembly process. Consider the Assembly Department of Bemidji Manufacturing started August with 800 units in its work-in-process inventory; assembly on these units was three-fourths complete at the starting of the month. During the month of August, 3,000 units were started in the Assembly Department. At the end of the month, 300 of the units started were still in process; assembly on these units is two-thirds complete. The costs related with production in assembly during the month of August were as follows: cost of units in starting work in process inventory $228,000; costs of materials used in August $630,000; and cost of manufacturing and direct labor overhead for August $527,000.
Required:
1. Evaluate the cost of goods completed and transferred out of the Assembly Department.
2. Evaluate the cost of the ending work-in-process inventory in the Assembly Department.
Prepare the journal entries to record the transactions in July using normal costing, Calculate the over applied or under applied overhead for July. Utilize the proration method to prepare a journal entry to close this balance, Prepare a schedule of ..
Determine total annual cost of ordering and carrying the glass. Evaluate the Economic Order Quantity for glass.
Understand the accounting for research and development
Prepare a complete statement of cash flows
The company has sufficient capacity to produce the additional units. How much is the relevant income effect of accepting the special order?
Evaluate federal income tax return
Evaluate the amount of income assigned to the noncontrolling and controlling interest
Should the shipment on 31 st December be recorded as a sale? Show the ethics of Hasbrow's
Explain each author's role and importance within the Harlem Renaissance.
Evaluate a master budget for the three-month period ending June 30. Include the given detailed budgets:
Write a program that Pulls four quarterly sales figure
Analyze the intent of the Sarbanes-Oxley Act of 2002
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