Spring fresh produces premium bottled water spring fresh

Assignment Help Cost Accounting
Reference no: EM13379582

Spring Fresh produces premium bottled water. Spring Fresh purchases artesian water, stores the water in large tanks, and then runs the water through two processes: filtration and bottling.

During February, the filtration process incurred the following costs in processing 150,000 liters:
Wages of workers operating the filtration equipment . . . . . . $ 25,950
Manufacturing overhead allocated to filtration . . . . . . . . . . 20,050
Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000
Spring Fresh had no beginning Work in process inventory in the Filtration Department in February.

Requirements

1. Compute the February conversion costs in the Filtration Department.

2. The Filtration Department completely processed 150,000 liters in February.

What was the filtration cost per liter?

Reference no: EM13379582

Questions Cloud

A company make 4 defferent product product a sales in units : a company make 4 defferent product .product a sales in units 10000.selling price per unit20.variable cost1400product b
Acme manufacturing manufactures and sells three products : acme manufacturing manufactures and sells three products. the following information pertains to acmes 2012 sales and
Magrath company has an operating cycle of less than one : magrath company has an operating cycle of less than one year and provides credit terms for all of its customers. on
Question 1 show all calculations to support your answers : question 1 show all calculations to support your answers. round all probability calculations to 2 decimal places.a
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
Question 1 why are equivalent units of production used in : question 1. why are equivalent units of production used in process costing?question 2baum co. has two processing
Adams company a manufacturer of in-home decorative : adams company a manufacturer of in-home decorative fountains began operations on september 1 of the current year. its
The managing director of sigar plc has recently attended a : the managing director of sigar plc has recently attended a seminar on total quality management and hasexpressed
1 what are some ways that customers affect a firms costs 2 : 1. what are some ways that customers affect a firms costs? 2. what is the objective of joint cost allocation?3. when

Reviews

Write a Review

Cost Accounting Questions & Answers

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  What interest rate will be used to calculate interest expens

In 2007, Horwitz Corporation issued ten-year, 9 percent bonds when the market interest rate was 11 percent. Interest is payable annually. During 2010, the market rate of interest for similar bonds was 12 percent. Using the effective, interest meth..

  Prepare a direct materials budget

Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total. (Input all amounts as positive values.)

  Java source inc jsi is a processor and distributor of a

java source inc. jsi is a processor and distributor of a variety of blends of coffee. the company buys coffee beans

  What is the labor rate variance

The Lands Company has developed standards for labor. During June, 75 units were scheduled and 100 were produced. Data related to labor are.

  Blo 2205 corporate law assignmentsemester 2 2012melbourne

blo 2205 corporate law assignmentsemester 2 2012melbourne pty ltd has one company secretary jill and four directors

  1 at the end of the year a corporation has a balance in

1. at the end of the year a corporation has a balance in allowance for uncollectible accounts of 230 credit before any

  Advantages and disadvantages of forming the business

Provide a summary to the partners, outlining the advantages and disadvantages of forming the business as a partnership and the advantages and disadvantages of forming as a corporation

  What is the amount of ordinary income

On February 13, 2012, the property was sold for $40,000, payable in four yearly installments of $10,000 plus interest. Evaluate what is the amount of ordinary income to be reported from the sale?

  Prepare a schedule to determine cost of one unit of product

Compute the predetermined overhead rate, using direct labor dollars as the allocation base and which are provided in anticipation of the coming accounting period. Using these data, prepare a schedule to determine the cost of one unit of product.

  Evaluate the cost of finished goods inventory

Evaluate the cost of Finished goods inventory and Work-in-process inventory. Ron requires the ending inventory balances to report first quarter numbers

  Evaluate what the interest paid

If the bonds pay interest on June 30 and 31st December and if the effective rate of interest is 11 percent, evaluate what the interest paid on June 30 was.

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