Refer to the information in QS. Assign costs to the assembly departments outputspecifically, the units transferred out
Question:
In QS
Transcribed Image Text:
Percent of Direct Materials Added Percent of Conversion Added Assembly Department Units Beginning work in process.. . . 2,000 Units transferred out.. ·.. . 9,000 Ending work in process3 60% 100% 80% 40% 100% 30% 3,000 Beginning work in process $1,58 (includes $996 for direct materials and $585 for conversion) inventory Assembly dept. Costs added during the month Conversion. $12,285
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
Cost assignment Weighted average Direct Materials Conversion Costs of units transferred out Direc...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Ideal Company owns a department store selling furniture and home furnishing. It is studying the feasibility of opening a new store. Ideal plans to run the store for only 3 years. The details relating...
-
Refer to the information in QS 14-14 for Vodafone Group Plc. The following price quotes (from Yahoo! Finance Bond Center) relate to its bonds payable as of late 2009. For example, the price quote...
-
Refer to the information in QS 9-9. On October 30, P. Moore unexpectedly paid his account in full to Solstice Company. Record Solstices entry(ies) to reflect this recovery of this bad debt. In QS...
-
Evaluate the derivatives of the following functions. (z) = cot -1 z
-
Can a firm have a production function that exhibits increasing returns to scale, constant returns to scale, and decreasing returns to scale as output increases? Discuss.
-
Outline the nature of the four rating divisions described in the U.S. National Computer Security Center's Trusted Computer System Evaluation Criteria.
-
Question: Arnie owns a two-family house in a poor section of the city. A fire breaks out, destroying the building and causing $150,000 damage to an adjacent store. The state charges Arnie with arson....
-
Refer to the financial statements and the Notes to Consolidated Financial Statements of Tootsie Roll Industries in Appendix A. Instructions Answer the following questions. (a) What were the total...
-
Analyze Mr. Chief's managed care agreement with the city. Using differential cost analysis, tell me the full cost gain/loss and the differential cost gain/loss for two scenarios: keeping the...
-
Consider a VC network with a 2-bit field for the VC number. Suppose that the network wants to set up a virtual circuit over four links: link A, link B, link C, and link D. Suppose that each of these...
-
Refer to the information in QS. Calculate the assembly departments cost per equivalent unit of production for materials and for conversion for November. Use the weighted-average method. In QS Percent...
-
Refer to the information in QS. Prepare the November 30 journal entry to record the transfer of units (and costs) from the assembly department to the painting department. Use the weighted-average...
-
If you know the balance and the annual percentage interest rate, you can compute the interest on the next monthly payment using the following formula: interest = balance * (annualInterestRate/1200)...
-
ESSAY INSTRUCTIONS Fifty points total. Please select one of the following six prompts. Please writ a succinct, comprehensive legal-historical analysis of your chosen passage. Please writ about...
-
What qualities should the job seeker communicate to the interviewer?
-
Fred and Ginger are getting divorced. Before they got married, they signed a premarital agreement.The premarital agreement states that if Fred and Ginger ever get divorced, Ginger does not get any...
-
Consider the following functions: void Q1 (int *sale, int *price, int quantity) { *sale (*price) * quantity; }; void Q2 (int profit, int *price, int cost) profit (*price) - cost; }; int Q3 (int...
-
Sasha and Bill: Sasha entered a contract with Bill where they agreed he would re do the tiles in her shower over two weeks for $4000. Sasha gave Bill the description of the tiles she had picked out...
-
Solve Problems 2534 using substitution or elimination by addition. x + y = 1 0.5x 0.4y = 0
-
Activator rod AB exerts on crank BCD a force P directed along line AB. Knowing that P must have a 100-N component perpendicular to arm BC of the crank, determine (a) The magnitude of the force P, (b)...
-
Explain the difference between the nexus and the per se harm approaches to resolving custody disputes where parental lifestyle is an issue. Why doesn't the "nexus" standard always ensure that a...
-
Dimsdale Sports, a merchandising company, reports the following balance sheet at December 31. To prepare a master budget for January, February, and March, use the following information. a. The...
-
Rida Inc. is preparing its direct materials budget for the second quarter. It budgets production of 240,000 units in the second quarter and 52,500 units in the third quarter. Each unit requires 0.60...
-
Sony Stereo began operations in March. March sales were $180,000 and purchases were $100,000. The beginning cash balance for April is $3,000. Sonys owner approaches the bank for an $80,000 loan to be...
-
Why was General Electric chosen to build the Whittle engine? Group of answer choices Due to their experience with turbine engines in aircraft Due to their experience in building reciprocating engines...
-
(8%) Problem 11: The magnitude of a vector is indicated by the length of the arrow representing it. For a vector v, the magnitude can be denoted using vertical bars, such as (v) A True or false: For...
-
Subsonic flights involve incompressible flow of air. Group of answer choices True False
Study smarter with the SolutionInn App