What are the total manufacturing costs added during period

Assignment Help Accounting Basics
Reference no: EM131914777

Problem

Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $195,000 of raw materials on credit; issued materials to production of $208,000 of which $17,000 were indirect. Minstrel incurred a factory payroll of $152,000, paid in cash, of which $27,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. What are the total manufacturing costs added during the period?

Reference no: EM131914777

Questions Cloud

Explain creational design pattern : Explain Creational Design Pattern. Select a type of Creational Design Pattern, explain why you selected that particular pattern type
Discuss about the nature of the constitutional challenge : Milwaukee prostitutes, who had been arrested on multiple occasions, sued to block the city from enforcing a court-ordered injunction that permanently enjoined.
Calculate the next months interest : Then set the annualInterestRate to 5%, calculate the next month's interest and print the new balances for both savers
Examine how an organizations culture influences decision : In this Assignment, you examine how an organization's culture influences ethical decision making in an organization.
What are the total manufacturing costs added during period : Minstrel Manufacturing uses a job order costing system. What are the total manufacturing costs added during the period?
Does the first amendment protect speech uttered : Former North Carolina State University basketball stars Tom Gugliotta and Chris Corchiani were ejected from North Carolina State's arena during a 2012 game.
Describe your doctoral studys theoretical framework : Post an analysis of the role of theoretical/conceptual frameworks in your Doctoral Study research. Explain how this framework applies to your specific study.
What was the ending balance in retained earnings : What is net income for the year? What was the ending balance in retained earnings? What is the total equity at the end of the year?
Why was the landlord not charged felony offense : Long Island, New York, resident Stephanie Fuller was secretly videotaped by her landlord, who had installed a video camera in the smoke detector above her bed.

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