Prepare a cost of production report and identify the

Assignment Help Accounting Basics
Reference no: EM13567289

Cost of Production Report Robusta Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at March 31, 2012: Instructions.

1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department. If an amount is zero, enter in a zero "0". When computing cost per equivalent units, round to the nearest cent. Robusta Coffee Company Cost of Production Report-Roasting Department For the Month Ended March 31, 2012 Unit Information Units charged to production:

Inventory in process, March 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned cost: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, March 1 Started and completed in March Transferred to Packing Department in March Inventory in process, March 31 Total units to be assigned cost Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for March in Roasting Department $ $ Total equivalent units Cost per equivalent unit $ $ Costs charged to production: Direct Materials Conversion Total Inventory in process, March 1 $ Costs incurred in March Total costs accounted for by the Roasting Department $ Cost allocated to completed and partially completed units: Inventory in process, March 1 balance $ To complete inventory in process, March 1 $ $ Cost of completed March 1 work in process $ Started and completed in March Transferred to Packing Department in March $ Inventory in process, March 31 Total costs assigned by the Roasting Department $?

Reference no: EM13567289

Questions Cloud

Data concerning hewell enterprises corporations single : data concerning hewell enterprises corporations single product appear below selling price per unit 200 variable expense
What are the arithmetic and geometric average time-weighted : xyz stock price and dividend history are as followsyearbeginning-of-year pricedividend paid at
A boat costing 108000 and uninsured was wrecked the very : 1. quirch inc. manufactures machine parts for aircraft engines. the ceo chucky valters was considering an offer from a
What are the impacts of the immigration on british society : essay question what are the impacts of the immigration on british society? 700 wordsplease take some examples from the
Prepare a cost of production report and identify the : cost of production report robusta coffee company roasts and packs coffee beans. the process begins by placing coffee
Calculate the time-weighted geometric average return on : a manager buys three shares of stock today and then sells one of those shares each year for the next 3 years. his
A company has offered to supply this part for 1299 per unit : x company is considering buying a part next year that they currently make. this years total production costs for 11900
Zippy inc manufactures large crates of microwaveable : zippy inc. manufactures large crates of microwaveable popcorn that are typically sold to distributors. its main factory
By using the article the service-driven service company by : by using the article the service-driven service company by leonard a. schlesinger and james l. heskett. please make a

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