User Account

All Pages

What is the cost per container for super clean dish-washing

Assignment Help Managerial Accounting
Reference no: EM132812554

Question - Super Chemicals Ltd manufactures its signature dish-mashing liquid, Super Clean, in onelitre containers. Production takes place in two departments: Mixing and Packing.

The manufacturing costs for each department for December 2019 were as follows.

Mixing Packing

Direct materials $74,000 $13,000

Direct labour 36,000 8,000

Manufacturing overhead 20,000 12,000

During December 2019, the company produced 140,000 litres of Super Clean mixture which was packed into 140,000 containers.

Required -

(a) What is the cost per container for Super Clean dish-washing liquid?

(b) Prepare the journal entries to record the production costs for December 2019. Assume that the costs of the two production departments are charged to separate work in process inventory accounts.

Reference no: EM132812554

Questions Cloud

How factors affect access to health and social care services : Describe factors which positively affect access to health and social care services - Assess how factors affect access to health and social care services
How nurse leaders serve as advocates for their employees : Discuss how nurse leaders serve as advocates for their employees. Describe how advocacy for employees affects patient care and outcomes.
How much should the post company report on the balance sheet : How much should the Post Company report on the balance sheet for the investment in Malone at the end of 2019? Prepare the January 1 and December 31 general
What are the chances of undergoing caesarian delivery : In pregnant mothers diagnosed with preeclampsia (P), what are the chances of undergoing caesarian delivery (I) and not normal delivery (C) when giving birth (O)
What is the cost per container for super clean dish-washing : During December 2019, the company produced 140,000 litres of Super Clean mixture. What is the cost per container for Super Clean dish-washing liquid
What type of research study design would you use to address : Consider a patient-centered issue you have observed recently. Formulate a research question related to that issue. Identify the independent and dependent.
What is strategic leadership : What is Strategic Leadership? What is Operational Leadership? What is Tactical Leadership? Offer An analogy of the three levels of leadership.
Explain how the gain on residential property is calculated : Explain how the gain on residential property is calculated if the property has not always been the taxpayer's main residence and during some periods
Critical value and establishing significance : Compute the expected time course signal - Compute the correlation coefficient between the expected time course (generated in step 3) and measured time course

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd