User Account

All Pages

Find the cost of goods sold per unit

Assignment Help Accounting Basics
Reference no: EM131569596

Problem - A corporation manufactures a specialty line of dresses using a job-order costing system. During January, the following costs were incurred in completing job J-1:

Direct labor 32,000   

Direct materials 12,000   

Administrative costs 3,500   

Selling costs 9,000   

Factory overhead was applied at the rate of $32 per direct labor hour, and job J-1 required 395 direct labor hours. If job J-1 resulted in 1,200 good dresses, find the cost of goods sold per unit.

Reference no: EM131569596

Questions Cloud

What is the percentage change in the bond price : what is the percentage change in the bond's price as predicted by the duration formula?
Create a schedule showing the cost of the assets : Laural Company paid $840,000 cash for real property consisting of a tract of land and a building. Create a schedule showing the cost of the assets acquired
Receivables investment-led to on-time payments : How much capital would be released if Leyton could take actions that led to on-time payments?
How much should gotting record retrospectively : Gotting Company bought a copyright for $150,000 on January 1, 2013, How much should Gotting record retrospectively as the effect of change
Find the cost of goods sold per unit : A corporation manufactures a specialty line of dresses using a job-order costing system. If job J-1 resulted in 1,200 good dresses, find the cost of goods sold
Cash in particular money market investment : The treasurer of a large corporation wants to invest $20 million in excess short-term cash in a particular money market investment.
What is the fee to run the fund for year two : You invested $1,250,000 with a market-neutral hedge fund manager. What is the fee to run the fund for year 2? What is the performance fee-if any,
When the fed purchases us treasury securities : When the Fed purchases U.S. treasury securities, bank reserves will
What is parramore cash conversion cycle : What is Parramore's cash conversion cycle (CCC)?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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