The ending inventory was 70 complete with respect to

Assignment Help Accounting Basics
Reference no: EM13453822

Chae Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 660 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $7,500 65% Conversion costs $6,500 30%

A total of 9,700 units were started and 8,300 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs $137,500 Conversion costs $323,500

The ending inventory was 70% complete with respect to materials and 65% complete with respect to conversion costs.

How many units are in ending work in process inventory in the first processing department at the end of the month?

Reference no: EM13453822

Questions Cloud

As an environmentalist you are very interested in how : as an environmentalist you are very interested in how economics plays a role in determining how many and what type of
Bckground municipal solid waste msw is all of the garbage : background municipal solid waste msw is all of the garbage refuse trash or junk that gets thrown away from our homes
How is the muslim religion different from own although you : nbsppaper 4 to 5 pages which should include the below questions.questions1. when does the muslim religion has it most
Post a 200- to 300-word response to the given computer : post a 200- to 300-word response to the following computer technology continues to make rapid advances. health care
The ending inventory was 70 complete with respect to : chae corporation uses the weighted-average method in its process costing system. this month the beginning inventory in
Contact the hazmat team for your current town city or : for the research paper assignment you are to choose one of the following subject areas and prepare a well-organized
Compare the authors perceived importance of social : find an article published within the last two years that offers an industry forecast of global business conditions for
The state of glottamora has 100 million remaining in its : the state of glottamora has 100 million remaining in its budget for the current year. one alternative is to give
Boston galleries uses the specific identification : boston galleries uses the specific identification method for inventory valuation. inventory information for several oil

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journalize the entries needed

Journalize the entries required on February 13, March 14, and April 30.

  Direct materials cost-direct labor cost

Indicate whether each of the following costs of an airplane manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost.

  Characteristic of a business combination

Which one of the following is a characteristic of a business combination that should be accounted for as a purchase?

  Harlow co. has arranged to sell the goods for harris

Harris Company has shipped $20,000 of goods to Harlow Co., and Harlow Co. has arranged to sell the goods for Harris.

  1which of the following is a limitation of the balance

1.which of the following is a limitation of the balance sheet?a.many items that are of financial value are

  Benskin corporations capital structure consists of 600000

benskin corporations capital structure consists of 600000 of assets and 325000 of liabilities. the average interest

  Problem of tickets and expense tickets

Prepare a 250- to 300-word memo about time tickets and expense tickets. Include an explanation about what each is used for, how the two are different, and what information may be found on each.

  Prepare a sales budget for each quarter

Prepare a sales budget for each quarter and for the year in total. Show sales by product and in total for each time period.

  Which approach to substantive testing

Discuss which approach to substantive testing you believe to be the most effective and indicate why. Create a way other than using confirmations for an auditing team to substantiate account balances and how the firm should go about implementing th..

  Discuss the similarities and differences between personal

1. what are the similarities and differences between personal property real property intangible property and natural

  Note and installment note with unrealistic interest rate

Note and installment note with unrealistic interest rate

  Bond issue at the time of sale

The bonds were quoted at 94 and pay interest quarterly on September 30th and December 31st. What were the total proceeds of the bond issue at the time of sale:

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