User Account

All Pages

What amount was transferred to finished goods

Assignment Help Accounting Basics
Reference no: EM132201813

Question - During 2013, Tanner Manufacturing expected Job No. 26 to cost $300,000 of overhead, $500,000 of materials, and $200,000 in labor. Tanner applied overhead based on direct labor cost. Actual production required an overhead cost of $280,000, $550,000 in materials used, and $210,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?

Reference no: EM132201813

Questions Cloud

How should she compute her required annual investment : At the end of five years, she will need a total of $40,000 accumulated. How should she compute her required annual investment
How do you work out this problem : The amount of actual overhead would have been $245,000. How do you work out this problem to get $245,000 as actual manufacturing overhead
Find the cost of goods manufactured : Find the cost of goods manufactured from the following: Direct materials used was $240,000; Direct Labor was $200,000; Manufacturing overhead was $300,000
Analyze its business-level strategy : Examine Microsofts business model then analyze its business-level strategy, in particularits appropriateness for strategic positioning.
What amount was transferred to finished goods : During 2013, Tanner Manufacturing expected Job No. 26 to cost $300,000 of overhead, What amount was transferred to Finished Goods
Defining the purpose of message means that you are : When the outcome of a message is designed to clarify information or create understanding, Defining the purpose of a message means that you are
Knowledge of strategic management : Your knowledge of strategic management to identify a major strategic change microsoft should seriously consider.
Accountants cannot measure opportunity cost : “Accountants cannot measure opportunity cost. Only managers have the knowledge to measure it”. Do you agree with this statement?
Appropriate value and cost drivers for its business strategy : Identify which generic business strategies Microsoft employs. Is the firm leveraging the appropriate value and cost drivers for its business strategy?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss significant impacts on management actions

The budgeting process and budgets themselves have significant impacts on management actions and performance

  Discuss what pretax amounts did s&l include in earning

What pretax amounts did S&L include in its 2016 and 2017 earnings as a result of this investment

  Prepare the entry at december to record compensation expense

Prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock appreciation rights plan

  Describes the behavior of the fixed cost per unit

Which of the following describes the behavior of the fixed cost per unit? Costs that remain constant in total dollar amount as the level of activity changes are called

  What is the total stockholders equity based on information

Preferred stock (1500 shares authorized), $100 par $150,000 paid-in capital, What is the total stockholders' equity based on information above

  Gorfin inc currently sells 15000 units a month for 50 each

gorfin inc. currently sells 15000 units a month for 50 each has variable costs of 20 per unit and fixed costs of

  Determine the company net earnings

If this firm had followed accrual-basis accounting practices, Determine the company's net earnings on an accrual basis for 2017

  Discuss whether cooper grant should be paid a bonus or not

Discuss whether Cooper Grant should be paid a bonus or not. Explain how Acme Brush of Brazil's pretax income (in BRL) became a U.S.- dollar pretax loss

  The income tax rate is 30 hint prepare the income statement

porter corporations balance sheet at december 31 2011 is presented below.porter corporation balance sheet december 31

  What amount should be reported ascash

Kraft Enterprises owns the following assets at December 31, 2010. What amount should be reported ascash?

  Can plum deduct any or all of the salaries paid to john

Plum never paid any dividends. Can plum deduct any or all of the "salaries" paid to John and Jean

  Discuss the state to widen the highway and betty

Four acres of the farm are condemned by the state to widen the highway and Betty receives $50,000

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