Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Information concoming a production department of Fido Incorporated for all infolows: Units April 1 6.000 Transferred Out in April 42.000 April 30 5.000 Transferred in

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Information concoming a production department of Fido Incorporated for all infolows: Units April 1 6.000 Transferred Out in April 42.000 April 30 5.000 Transferred in Cost Materials Conversion Total Beginning WIP $15.000 $11.200 $12.100 Costs this Perlod $83.710 $75.500 $92000 Conversion was 20% complete in Aeril and come one or materiale added at the beginning of the roce Question 1 0/3 pts What is the dollar amount in Ending Work In Process under the W/A method? You Award 1403249 Correct Answers 24533.55 with margin: 0.01 Question 2 0/3 pts What is the dollar amount Transferred Out under the W/A method You gewwered 170,467 51 Correct Answers 266,67645 with margin 0.01 Question 3 0/3 What is the con amount in Ending Win Process under the FIFO metro You Avoted 2 Help Center Information concerning a production department of Fido Incorporated for April is as follows: Units April 1 6,000 Transferred Out in April 42.000 April 30 5,000 Transferred In Cost Materials Conversion Total Beginning WIP $15.000 $11.200 $12,800 Costs this period $83.710 $75.500 593,000 ? Conversion was 20% complete on April 1 and 40% complete on April 30, Al materials are added at the beginning of the process Question 1 Ha TE 2 $ 4 3 5 6 & 7 8 9 0 A Holo Center 0/3 pts Question 1 What is the dollar amount in Ending Work In Process under the W/A method? You Answered 14.03249 Correct Answers 24.533.55 (with margin: 0.01) 0/3 pts Question 2 What is the dollar amount Transferred Out under the W/A method! Ve Animered 178.467.51 Correct Ans 266,67645 (with margin: 0.01) 0/3 pts Question 3 What is the dollar amount in Ending Work in Process under the FIFO method 11.109.04

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

Front Office Operations And Auditing Workbook

Authors: Patrick J. Moreo, Gail Sammons, Jeff Beck

2nd Edition

0130324930, 978-0130324931

More Books

Students also viewed these Accounting questions