What is the cost of the product

Assignment Help Cost Accounting
Reference no: EM132846157

Question - MegaRock produces quick setting concrete mix. Production of 200,000 tons was started in April, 190,000 tons were completed. Material costs were $3,152,000 for the month while conversion costs were $591,000. There was no beginning work-in-process; the ending work-in-process was 70% complete. What is the cost of the product that remains in work-in-process?

Reference no: EM132846157

Questions Cloud

Compute the degree of operating leverage : The Harding Company manufactures skates. The company's income statement for 20X1 is as follows: Compute the degree of operating leverage
What are the common signs of bullying in nursing : Have you ever worked with someone who caused problems with you or others? (Explain how the problem manifested itself and how it was managed).
What is the accumulated depreciation of this piece : What is the accumulated depreciation of this piece of machinery on December 31, 2015 right before selling it
Describe the gaps in healthcare : Describe the gaps in healthcare. How does this project fulfill one arm of the mission of public health: social justice? How does it contribute to social change?
What is the cost of the product : There was no beginning work-in-process; the ending work-in-process was 70% complete. What is the cost of the product that remains in work-in-process
What is your best estimate of the after tax cost of debt now : What is the company's total book value of debt? The total market value? What is your best estimate of the after tax cost of debt now
How the group will define operationally and measure variable : Create a hypothesis for the group's study. Consider the hypothesis and how the group will define operationally and measure the variables.
Post the October transactions to the general journal : An inventory count showed $300 of cleaning supplies remaining on October 31. Post the October transactions to the general journal
What are some key differences between disorders : Personality disorders, What are some key differences between disorders that can assist a counselor in making an accurate diagnosis?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

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

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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