User Account

All Pages

Process from the data on the job cost sheets

Assignment Help Cost Accounting
Reference no: EM13513325

Danielle Company is working on two job orders. The job cost sheets show the following:

Direct materials-Job 120 $6,000, Job 121 $3,600

Direct labor-Job 120 $4,000, Job 121 $2,000

Manufacturing overhead-Job 120 $5,000, Job 121 $2,500

Prepare the three summary entries to record the assignment of costs to Work in

Process from the data on the job cost sheets.

Reference no: EM13513325

Questions Cloud

Prepare journal entries for each type of manufacturing cost : Factory utilities of $2,200 are payable, prepaid factory insurance of $1,800 has expired, and depreciation on the factory building is $3,500. Prepare journal entries for each type of manufacturing cost.
What data elements are present in a computer timestamp : What data elements are present in a computer timestamp? Can a millisecond be represented in the timestamp? Why or why not?
Compute the mass of sodium acetate that must be added : Calculate the mass of sodium acetate that must be added to 500.0mL of 0.200M acetic acid to form a pH = 5.00 buffer solution.
What are the minimum number of poles : A farmer built a fence around his 25 cows in a square region. He built it in such a way that one can see 5 poles from either of the four sides. What are the minimum number of poles the farmer must have used?
Process from the data on the job cost sheets : Danielle Company is working on two job orders. The job cost sheets show the following.
Calculate the netinterest revenue for the year : A $1,000 bond, paying interest annually on December 31, is purchased on January 1 at 110 as a long-term investment. The life of the bond is 5 years. Prepare entries for the first year and use the straight-line method of premium amortization. Also..
What initial speed does it need to be able to cross plane : A proton is moving along the axis of a uniformly charged thing ring of 20nC/cm. The radius of the ring is 5cm. what initial speed does it need to be able to cross the plane of the ring
What portion of the total trip : Mr. Wagle goes to work by a bus. One day he falls asleep when the bus still has twice as far to go as it has already gone. Halfway through the trip he wakes up as the bus bounces over some bad potholes.
Network devices that participate on the network : 1. Inventory the current devices on the network. Gather rough counts, manufacturers, and models of the NICs, switches, routers, and other network devices that participate on the network.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare a schedule that reconciles the corporation

Prepare the 2012 Schedule M-3 for Form 1120 and prepare a schedule that reconciles the corporations effective tax rate to the statutory 34% tax rate.

  Difference in treatment of identifiable and unidentifiable

How much depreciation will be taken each year if the straight-line method of depreciation is used? Show calculations. "

  Purpose a schedule showing the determination of goodwill

Purpose a schedule showing the determination of goodwill,

  What was its cost of goods sold

Berry Company sold goods with a total selling price of $800,000 during the year. It purchased goods for $380,000 and had beginning inventory of $67,000. A count of its ending inventory determined that goods on hand was $50,000. What was its cost o..

  Calculate break-even in pounds if the sales price

Calculate break-even in pounds if the sales price increases by 10% and fixed costs increase by £12,000 and calculate break-even in pounds if total sales increases by 10% and fixed costs increase by 10%.

  Being that you are an inquisitive person and wish to add to

being that you are an inquisitive person and wish to add to your knowledge base you ask your new accountant to teach

  Should the company go ahead with the new product

This time a range of possible sales targets - rather than only one goal - will be established and evaluated.

  Compute the cost of the ending inventory

Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average-cost.

  Spring fresh produces premium bottled water spring fresh

spring fresh produces premium bottled water. spring fresh purchases artesian water stores the water in large tanks and

  Compute the break-even point

How many dollars of revenue must K-Henry's find in order to reach the break-even point? Evaluate the price be if the company expected a volume of 120,000 units and used a markup of 50%?

  Compute earnings per share on the income statements

Infer from the statements the events and transactions that affected Locke Intertechnology Corporation's shareholders' equity and compute earnings per share as it would have appeared on the income statements for the years ended December 31, 2011.

  Compute the amount of materials purchased in 19b

A manufacturing company shows the following amounts in the income statement for 19B.

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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