Find beginning inventory which completed during period is

Assignment Help Accounting Basics
Reference no: EM132686049

Department G had 1,920 units 25% completed at the beginning of the period, 12,900 units were completed during the period, 1,600 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period:

Work in process, beginning of period$27,900

Costs added during period:

Direct materials (12,580 units at $8)100,640

Direct labor87,000 Factory overhead29,000

Problem 1: All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of 1,920 units of beginning inventory which were completed during the period is (do not round unit cost calculations)

Option 1: $38,389

Option 2: $42,611

Option 3: $41,011

Option 4: $27,900

Reference no: EM132686049

Questions Cloud

How can esg affect the financial sector in our country : How can ESG affect the financial sector in our country (Philippines)?" It should be complete (Intro, Body, Conclusion). Identify and explain.
Discuss the impact of a strong culture and weak culture : Discuss the impact of a strong culture and weak culture on contemporary and traditional organizations (with examples of both organizations)
Find work in process will debited and factory overhead will : If job number 117 incurs 1,840 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for
Evaluate the role of organisational culture : Critically evaluate the role of Organisational Culture and Power and Politics in the SAS by using theories and concepts in OL&D.
Find beginning inventory which completed during period is : Department G had 1,920 units 25% completed at the beginning. The total cost of 1,920 units of beginning inventory which were completed during the period is
Determine estimated housekeeping total direct labor cost : Determine the estimated housekeeping, restaurant, and total direct labor cost for an average weekday and average weekend day
Problems at the VA Health System : Did the facility's electronic wait list (EWL) purposely omit the names of veterans waiting for care and, if so, at whose direction?
Prepare the direct labor cost budget for May : Direct labor cost budget - Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. Prepare the direct labor cost budget
Find total cost of departmental work in process inventory : The first-in, first-out method of inventory costing is used. The total cost of the departmental work in process inventory at the end of the period

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.

  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!

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