Find how many units were transferred out

Assignment Help Managerial Accounting
Reference no: EM132537327

Question 1: The Packaging Department at Vail Incorporated had 51,000 units in beginning inventory. These units contained $105,000 in direct materials, $120,000 in direct labor, and $90,000 in overhead. During the period, the department incurred costs of $480,000 in direct materials, $600,000 in direct labor and $300,000 in overhead and started 240,000 units. Ending inventory consisted of 18,000 units which were 100% complete with respect to direct materials and 70% complete with respect to direct labor and overhead. How many units were transferred out?

Select one:

a. 291,000

b. None of the answer choices is correct.

c. 309,000

d. 273,000

e. 282,000

Reference no: EM132537327

Questions Cloud

Project risk management : What can you change in your plans to create an opportunity? How will you communicate this change to the vendor?
What was the variable rate per unit of output : February, utility cost is a mixed cost, and the fixed cost of utilities was $2,000. What was the variable rate per unit of output for utilities cost?
How bacteria evade normal immune system : (Part A) Specificity and sensitivity, why viral testes are too sensitive and specific?
Medical malpractice to tort law : Why did the state change the case from medical malpractice to tort law? Do you agree with the state's decision? Why or why not?
Find how many units were transferred out : 100% complete with respect to direct materials and 70% complete with respect to direct labor and overhead. How many units were transferred out?
What is between net present value and discount rate : What is the relationship between Net present value and the discount rate in managerial accounting? If the discount rate decrease the net present value
Introduction to healthcare information management : Describe the history of healthcare information systems. Identify and analyze at least five driving forces in the emergence and adoption of HIT.
Calculate operating income and the breakeven point : Calculate operating income and the breakeven point for 2013. In 2013, Granny Co. has sales of P800,000, flexible (variable) costs of P200,000.
Find how much peso sales required to earn a target income : Find How much peso sales are required to earn a target income of P80,000 if total fixed costs are P100,000 and the contribution margin ratio is 40%?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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