User Account

All Pages

What ending work in process inventory on april

Assignment Help Financial Accounting
Reference no: EM13129205

In the month of April, a department had 500 units in the beginning work in process inventory that were 60% complete. These units had $4,000 of materials cost and $3,000 of conversion costs. Materials are added at the beginning of the process and conversion costs are added uniformly throughout the process. During April, 10,000 units were completed and transferred to the finished goods inventory and there were 2,000 units that were 25% complete in the ending work in process inventory on April 30. During April, manufacturing costs charged to the department were: Materials $92,000; Conversion costs $102,000.

The cost assigned to the units in the ending work in process inventory on April 30 was?

Reference no: EM13129205

Questions Cloud

Illustrate what is the relationship between the income : Consumers may also reduce the quantity of the beverage that they usually buy." Illustrate what is the relationship between the income and demand with respect to normal goods? Answer the same question with respect to inferior goods
What are the costs and benefits to apple : What are the costs and benefits to Apple from disclosing this information? What issues does this change raise for the auditor? What additional tests would you want to conduct as Apple's auditor?
Draw the crystal-field energy level diagram : Draw the crystal-field energy level diagram for the 3d obitals and show the placement of d electrons assuming this is a weak-field complex ion.
Explain the difference between an amino acid and a protein : What is the difference between an amino acid and a protein? How does this difference in structure affect biological function?
What ending work in process inventory on april : During April, manufacturing costs charged to the department were: Materials $92,000; Conversion costs $102,000. The cost assigned to the units in the ending work in process inventory on April 30 was?
Illustrate the professional and ethical responsibilities : The Audit Committee of the board of Directors is unfamiliar with the professional and ethical standards that govern the conduct of an audit and the issuance of an audit opinion.
Diluted earnings per share : The bonds were issued four years ago at par ($2,000,000), carry a 7% interest rate, and are convertible into 40,000 shares of common stock. The company has a 40% tax rate. Diluted earnings per share are ??
Cauchy integral formula or residue theorem : Use the branch of the logarithm given by 0
Find if x have a binomial distribution : Completion of today's paper. If X denotes the number of papers belonging to seniors among those checked, will X have a binomial distributuin?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Does fasb charge for its statements

Can you oftain a copy of the full text of these statements from this web site? Does FASB charge for its statements, or are they provided free of charge?

  Illustrate what is the amount of the annual lease payment

Bulldog desires to earn 10% per year on the lease. Craig Company's incremental borrowing rate is 11%. Illustrate what is the amount of the annual lease payment?

  Advantages of using the direct technique

Evaluate the relevant costs of the old machine and the new machine.

  Evaluate mergers and acquisitions

Concept of business, forms and organisations of business, business strategy, financial management methods, allocation of capital and control of an organisation.

  Evaluate the breakeven point

Evaluate the breakeven point in batteries and determine the margin of safety, assuming sales total $60,000?

  Illustrate what is the total dollar call premium required

The firm has placed many issues in the capital markets during the last 10 years, and its debt flotation cost are currently estimated to be 4% of the issue's value. GST's federal-plus -tax rate is 40%. Illustrate what is the total dollar call premi..

  Data relating to balances of various accounts

The 2010 income statement showed interest revenue in the amount of $4,900. You are to provide the missing adjusting entry that must have been made, assuming reversing entries are not made. For each journal entry write Dr for debit and Cr for credi..

  Purpose a master budgeted income statement

Purpose a Master (Static) Budgeted Income Statement using variable costing

  Prepare the journal entries to record the liquidation

Journalizing the liquidation of a partnership firm - Prepare the journal entries to record the liquidation

  Calculation of wages paid to employees

Calculation of wages paid to employees - Compute the following Indicate the best answer to each question in the space provided.

  Calculate best-case and worst-case prices

Free Cash Flow (FCF) Forecast based on assumptions for Best and Worst Case Scenarios.Net Present Value (NPV) computation based on Cost of Capital, different Discounting Rates and Terminal Values.

  Calculate the total amount of dividends declared

Calculate the total amount of dividends declared by March for 20X7.  Calculate March's profit for 20X8.

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