Question
Alia Company's manufacturing overhead is 60% of its total conversion costs. If direct labor is $38,000 and if direct materials are $21,000, the manufacturing overhead
Alia Company's manufacturing overhead is 60% of its total conversion costs. If direct labor is $38,000 and if direct materials are $21,000, the manufacturing overhead is: Select one:
a. $31,500
b. $88,500
c. $57,000
d. $25,333
The appropriate journal entry if $100,000 of materials were purchased on account for the month of December is: Select one:
a. Manufacturing Allocated debit $100,000 and Accounts Receivable Control credit $100,000.
b. Materials Control debit $100,000 and Accounts Payable Control credit $100,000.
c. Work-in-Process Control debit $100,000 and Accounts Payable Control credit $100,000.
d. Manufacturing Overhead Control debit $100,000 and Accounts Receivable Control credit $100,000.
Hamada Inc., manufactures cover for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through two Departments X and Y. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department X for February 2020 are: WIP beginning, 40% complete 300 units, Units started during February 600 units, and WIP ending 30% complete 100 units. The number of units completed and transferred to department Y is:
a. 500 units.
b. 700 units.
c. 800 units.
d. 400 units.
Please please, I don't have enough time, help me
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