Job cost sheet, accounting, Basic Statistics

Assignment Help:
Manchester Custom Fabricating Company uses a job order system. At the beginning of May, Manchester had two jobs in process, Job #22 (DM = $600 and DL = $780), and Job #23 (DM = $750 and DL = $400). Manufacturing Overhead was also applied per the POR rate of 125% of DL$. The POR rate is for the entire year.
Job #23 was finished during May. An additional $1250 in material costs and $850 in labor costs were added during May to complete the job.
Job #24 was started but not finished in May. In May, material costs were $1,250 and labor costs were $1450
Job #22 will be finished in early June. An additional $950 in material costs and $750 in labor costs were added during May
What is Manchester’s ending WIP balance and cost of goods manufactured for May?


Related Discussions:- Job cost sheet, accounting

Y-axis component of the centroid for an object, I would just like the formu...

I would just like the formula to find the y-axis of a centroid.

Resolance tube , #questionw..what is ment by resolance tube

#questionw..what is ment by resolance tube

Define tension and stress, Tension: When a sequence, place, cable or a man ...

Tension: When a sequence, place, cable or a man is presented tight, the ends of the sequence or place (or wire) pull on whatever systems are connected to them towards the sequence.

Compute the proportion, In 2009, the average number of runs scored in the N...

In 2009, the average number of runs scored in the National League was approximately 4.5 per team. Therefore, a team has done an adequate job with its offense if it scores at least

Functions , i need help it says for the tables of values determine appropri...

i need help it says for the tables of values determine appropriate veiwing window, create a scatter plot, write a function rule, and graph your funtion rule over your scatter plot

Define right selling and buying strategy, Mr. Palsson plans to buy a MacBoo...

Mr. Palsson plans to buy a MacBook Pro which can hold the 6GB of RAM (he has a 4GB chip laying around, so he doesn't care what RAM is actually in the computer, as long as the compu

Information systems development, report on comparing information system in ...

report on comparing information system in organisations

Mathematical theory in otc, All parts should be answered as briefly as poss...

All parts should be answered as briefly as possible (quality not quantity!). A few sentences will suffice. Just get your opinions across succinctly. Unnecessarily long answers will

Quantitative research, The research should be Quantitative Research: A m...

The research should be Quantitative Research: A means for testing objective theories by examining the relationship among variables. These variables can be measured and analyzed

Write Your Message!

Captcha
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