Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

needing some help with these accounting problems. They go hand in hand with one another, but i dont get it. I attached photos of the

needing some help with these accounting problems. They go hand in hand with one another, but i dont get it. I attached photos of the questions, and templates so the answer can match the format I need.

20-1Aimage text in transcribedimage text in transcribedimage text in transcribed

Next one that piggy backs on the lesson is,

20-4A:

image text in transcribed

image text in transcribedimage text in transcribed

JAnuary 2016. Use the average cost method wvith the following u report for the Cutting Department of D.a ith the following d 1UP January 2016. Use the average cost method w ng Department of Dalton Carpet Company ata work in process, January 1, 3,400 units, 75% completed Materials added during January from Weaving Department, 64,000 un Direct labor for January Factory overhead for January Goods finished during January (includes goods in process, January 1),63, Work in process, January 31, 3,900 units, 10% completed $ 23,000 366,200 105,100 80,710 t, 64,000 units 500 units Problems: Series A PR 20-1A Entries for process cost system FloorMate Carpet Company manufactures carpets. Fiber is p ning Department, where it is spun into yarn. The output transferred to the Tufting Department, of the process and the process is completed. On October, OBJ. 1, 3 ctures carpets. Fiber is placed in process in the Spin- nto yarn. The output of the Spinning Department is where carpet backing is added at the beginning completed. On October 1, FloorMate Carpet Company n Materials October 31 balance, $5,900 opaur nt e, aded c atuet company General Ledger had the following inventories: Finished Goods Work in Process-Spinning Department Work in Process-Tufting Department Materials $5,600 1,500 2,300 4,800 SHOW ME HOW

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions