What was the number of units completed and transferred

Assignment Help Accounting Basics
Reference no: EM131695305

Q1) On September 1, the production department had 18,000 units 45% complete as to labor and overhead; materials are added at the beginning of the process. During September, 90,000 units were started. At the end of September, the ending goods in process of 24,000 units were 75% complete as to labor and overhead. What was the number of units completed & transferred to the next department?

a. 84,000

b. 93,000

c. 100,200

d. 79,800

Q2) The beginning goods in process were 7,000 units, which were 40% complete as to labor and overhead. During the accounting period, 24,000 units were started. Ending goods in process were 1,000 units, which are 60% completed. What is the number of units completed and transferred to finished goods during the accounting period?

a. 31,000

b. 29,000

c. 18,000

d. 23,000

e. 30,000

Reference no: EM131695305

Questions Cloud

Interfere with implementing and applying the concepts : Discuss the typical organizational issues, including behavioral barriers that interfere with implementing and applying the concepts of :
Discuss a warrior hero who fights the monster grendel : Which of the following Medieval sagas includes a warrior hero who fights the monster Grendel
Can ken argue that the last on rule forms part of contract : Can Ken argue that the 'last on / first off rule forms part of his contract and that he should therefore not be made redundant before Bob?
What is the relationship between the two goods : If Good C increases in price by 20% a pound, and this causes the quantity demanded for Good D to increase by 30%, what is the cross-price elasticity of the two
What was the number of units completed and transferred : During September, 90,000 units were started. What was the number of units completed & transferred to the next department
Calculate the total variance for aluminum : Lata Inc., produces aluminum cans. Production of 12-ounce cans has a standard unit quantity of 4.5 ounces of aluminum per can.
Marketers have traditionally used research methods : Marketers have traditionally used research methods such as focus groups, observation, trend analysis,
Create related tables to capture sales data transactions : Create related tables to capture sales data and sales transactions. Populate all tables with the related data. Update the database when new products arrive.
Unemployment figures varies for person : We now see that unemployment figures varies for each person due to different factors. What can a person do to increase their chances of finding a job?

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