Would the total amount of materials cost transferred out

Assignment Help Managerial Accounting
Reference no: EM132657703

Beginning work in process: 3,000 unitsDirect materials: $18,000
Conversion cost (40% complete): $14,000

Number of units started this period: 4,000

Number of units completed and transferred to finished goods: 2,000

Ending work in process (70% complete for CC)

Direct materials: $122,000

Conversion cost $306,000

Problem 1: Would the total amount of materials cost transferred out is $116,364?

Reference no: EM132657703

Questions Cloud

Find prominent macromolecules present : A major theme in biology is that structure dictates function. explain this concept. Then choose one cell component
Explain how radioactive isotopes are used : Explain how radioactive isotopes are used in radiometric dating.
How can a radiograph of a child femur : How can a radiograph of a child's femur be used to determine the approximate age of that child?
Draw enough of the molecule to capture the aspect : As a hint, in cases of LARGE ones, you only need to draw enough of the molecule to capture the aspect (i.e. different bond type).
Would the total amount of materials cost transferred out : Would the total amount of materials cost transferred out is $116,364? Beginning work in process: 3,000 unitsDirect materials: $18,000
Propose your methods for evidence collection : A child was playing in a local park with his brother. A car pulled up as they were leaving the playground. A man inside the car motioned for the two (2) boys.
Discuss the role of the ot practitioner : Discuss the role of the OT practitioner when working on a multidisciplinary, transdisciplinary, and interdisciplinary team.
How much is the adjusted loss on repossession : What is the total realized gross profit on installment sales before gains or losses on repossession in 2016? How much is the adjusted loss on repossession
Explain the concept of a homeostatic loop : Explain the concept of a homeostatic loop; what is the difference between positive and negative feedback?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How much cash can kayapa plan to collect from accounts

How much cash can Kayapa plan to collect from accounts receivable during July? Kayapa Corporation is a retailer whose sales are all made on credit.

  Here are the budgets of brandon surgery center for the most

here are the budgets of brandon surgery center for the most recent historical quarter in thousands of dollarsstatic

  Which are included in the scope of aasb

Which of the following are included in the scope of AASB 15/IFRS 15 Revenue from Contracts with Customers? Accounting for investments in associates.

  Calculate income before taxes for a segmented company

To calculate income before taxes for a segmented company as a whole, take contribution by segments and subtract unallocated costs

  Relevant costs for progressive business solutions

Two partners who own Progressive Business Solutions, which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston.

  What markup percentage would apple need to use

What markup percentage would Apple need to use to maintain its $840 sales price? (Round answer to 1 decimal place, e.g. 25.2%.)

  What the direct material usage variance is

What the direct material usage variance is? Direct material cost - 3 kg x $10 $30 per unit. Budgeted production and sales 10,000 units

  Process cost system and cost transferred

Company uses a process cost system. The company started march with 2,300 units in work in process-department A. During the month 4,000 units were started. At the end of the month there were 3,200 units in ending work in process-dept.

  How much will be the value of ending inventory

Number of units produced is 5000. How much will be the value of ending inventory under variable costing, if only 4000 units are sold during the period?

  How much is company may budgeted accounts receivable

How much is company's May 31, 2020 budgeted Accounts Receivable? A Company reports all its sales on credit, and pays operating costs

  What amount will accounts receivable be shown

In Razz's budgeted balance sheet at December 31, at what amount will accounts receivable be shown

  What point in time is predetermined overhead rate calculated

At what point in time is the predetermined overhead rate calculated? At the end of the year in which the job is in production. At the beginning of the year.

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