FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalent unit costs $8.00

image text in transcribed

In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalent unit costs $8.00 for direct materials, what is the value of materials transferred out? O A. $97.920 OB. $108.800 O C. $115,200 OD. $224,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A History Of Accountancy In The United States

A History Of Accountancy In The United States

Authors: Gary John Previts, Barbara Dubis Merino

98th Edition

0814207286, 978-0814207284

More Books

Students also viewed these Accounting questions

Question

★★★★★
The following financial statements and information are available for Blythe Industries Inc. Additional Information 1. Sold land that cost $40,000 for $44,000. 2. Sold equipment that cost $30,000 and...

Answered: 1 week ago

Question

★★★★★
What is meant when its said that a manager must be able to diagnose intergroup conflict situations? How can a manager obtain these diagnostic skills?

Answered: 1 week ago

Question

★★★★★
3. Damon, an African American student in Diane Collinss math class, pushed his math test away after a few minutes and proclaimed, This is stupid. I dont know why we even have to do this. What is Ms....

Answered: 1 week ago

Question

★★★★★
The following data relate to the operations of Slick Software, Inc., during 2018. Continuing operations: Net...

Answered: 1 week ago

Question

★★★★★
In 2024, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2026 . Information related to the contract is...

Answered: 1 week ago

Question

★★★★★
true or false? The three major components of the master budget are the financial budgets, the capital budgets, and the pro forma financial statements.

Answered: 1 week ago

Question

★★★★★
QUESTION 5 Company X has just produced the first unit: Direct material cost Direct manufacturing labor-hours Direct manufacturing labor cost per labor-hour $160,000 6,000 $30 $20 Variable...

Answered: 1 week ago

Question

★★★★★
based on the book risk upfront can you help me understand What are the four parameters that affect behavior, result, and narrative, and what they mean?

Answered: 1 week ago

Question

★★★★★
3 > O Actual direct-labour hours Standard direct-labour hours...

Answered: 1 week ago

Question

★★★★★
= {x|ln 3.2 x 20} and two events A Problem 1. (6 points) Given a sample space S x 6} and B {x|3 x 7}, describe the following events. a) AUB. b) A - B. c) AU (BNS). = {x|2

Answered: 1 week ago

Question

★★★★★
MCCC MATH-130 NAME: PROBABILITY & STATISTICS ASSIGNMENT #7 - CHAPTER 8 PLEASE SHOW ALL WORK (TOTAL 20 POINTS) 1. Test the claim that the mean body temperature of normal and healthy adults is equal to...

Answered: 1 week ago

Question

★★★★★
Explain the purposes of managing performance.

Answered: 1 week ago

Question

★★★★★
List 4 methods to evaluate training.

Answered: 1 week ago

Question

★★★★★
Explain how a career development program integrates individual and organizational needs.

Answered: 1 week ago

Previous Question Next Question