Marion chemicals produces a chemical used

Assignment Help Managerial Accounting
Reference no: EM13935593

Marion Chemicals produces a chemical used as a base in paints. In the manufacturing process, all materials are added at the start of the process, whereas labor and overhead are added evenly throughout production.

Required:

Fill in the missing information in Marion's Production Cost Report for the month of December.
Marion Chemicals
Production Cost Report
December 2011
Unit Reconciliation
Units in beginning WIP (100% material, 10% conversion costs) ...... 8,000
Units started during December ................... ?
Units to account for ........................ ?
Units completed .......................... ?
Units in ending WIP (100% material, 20% conversion costs) ....... 4,000
Units accounted for ........................ ? 

 

789_259-B-M-A-P-C (1312).png

Reference no: EM13935593

Questions Cloud

Resultant of the three remaining engine thrust vectors : Determine and locate the resultant of the three remaining engine thrust vectors. Treat this as a two- dimensional problem.
Existing event research report : The Existing Event Research Report is an individual written assignment. Your Existing Event Research Report should strike a balance between description and analysis (i.e. the application of concepts learned from the lectures and text). The correct..
The internal revenue service : Questions 15 - The Internal Revenue Service (IRS) determines whichincome tax returns to audit by looking at, among otherthings, whether there are any unusual deductions claimedon the return. Last year, charitable deductions for a familyof four earnin..
World heritage site to a specific destination : How climate change has impacted a specific natural attraction Your presentation should include a discussion of the following: - Literature review on the selected topic, with indication of the list of references that have been consulted - Key infor..
Marion chemicals produces a chemical used : Marion Chemicals produces a chemical used as a base in paints.
Determine npv if blustream receives the government contract : Determine the NPV if Blustream receives the government contract. Determine the NPV of the pro- ject assuming that Blustream does not receive the government contract.
Organisation best execute recruitment : How does an organisation best execute recruitment? What are some exemplary strategies from your own or another organisation that have provided desired outcomes? Why do you think these strategies resulted were successful?
Develop the tourism industry at sterling bay : Assume that tourism has been selected as the preferred industry to be developed. What type of tourism should be adopted? Describe examples of F&B, accommodation, transportation, attractions and events that suit the approach that you have recommend..
Knowledge about the hrm issue : It is important to demonstrate your knowledge about the HRM issue and to clearly reference your sources. Read about your issue in journal articles, books (including the textbook (NOE 9th ed), industry reports, business literature, etc. Remember t..

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Estimating cost allocation

Alaina's customer service department follows up on customer complaints by telephone inquiry. Costs allocated to the wholesale operation under activity-based costing system should amount to what?

  Certify that a company maintains an adequate system

As a result of the Sarbanes-Oxley Act of 2002, managerial accounting reports must now comply with generally accepted accounting principles (GAAP).

  Determine the ending balance in each of the accounts

Journalize and post the adjusting entries at January 31 - Determine the ending balance in each of the accounts

  Analyse the applicable accounting standards

Analyse the applicable accounting standards to determine the reporting requirements under each accounting standard.

  Explain the differences between the unit overhead costs

Discuss the advantages and disadvantages of organization aldecentralisation - Explain the differences between the unit overhead costs in percentages between (a) and (b) above.

  Cost of inventory at the end of the first quarter

1.On January 1, JKR Shop had $ 225,000 of inventory at cost. In the first quarter of the year, it purchased $ 795,000 of merchandise

  Bank reconciliation

how would this informationbe included on the bank reconciliation

  Fixed versus fixed cost behavior

Complete the proceeding table by filling out the missing amounts for the levels of activity shown in the first row of the table. Round all cost per unit figures to the nearest whole penny.

  Who are the stakeholders and what are the ethical issues

What are the ethical issues and what is your recommendation to the financial officer of your company

  Explain why operating income is different in parts e and f

Assume that the firm adds another product to its product line and that the new product sells for $20 per unit, has variable costs of $14 per unit, and causes fixed expenses in total to increase to $63,000 per month. Calculate the firm's operating inc..

  Prepare the financing activities section

The following information was drawn from the year end balance sheets of Long's Wholesale, Inc.:

  Characteristics applies to process costing

Which of the following characteristics applies to process costing but not to job costing?

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