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thanks so much Refresh produces soft drinks and sodas. Production of 117.000 liters was started in February, 102 000 wers were completed Men costs were
thanks so much
Refresh produces soft drinks and sodas. Production of 117.000 liters was started in February, 102 000 wers were completed Men costs were $37,420 for the month while conversion costs were $16,580. There was no beginning work in process the ending work in process was 40% complete. What is the cost of the product that remains in work in process? Multiple Choice $51,000 $16,580. O $51,000. $3,000 $9.000 The following events took place at a manufacturing company for the current year (1) Purchased $105.000 in direct materials (2) Incurred labor costs as follows: (a) direct, $66,000 and (b) indirect, 523,600 (3) Other manufacturing overhead was $117,000, excluding indirect labor (4) Transferred 75% of the materials to the manufacturing assembly line. (5) Completed 60% of the Work-in-Process during the year. (6) Sold 80% of the completed goods. (7) There were no beginning inventories. What is the company's Cost of Goods Sold? Multiple Choice $171,210.00 O $136,968.00 LO $285,350.00 LO $228,280.00 Task Master Enterprises employs a standard cost system in which direct materials inventory is carried or standard contacter established the following standards for the prime costs of one unit of product Direct Materials Direct Labor 8 pounds 0.25 hour $1.80 per pound $8.00 per hour $14.40 2.00 $16.40 During November, TaskMaster purchased 160,000 pounds of direct materials at a total cost of $304.000 The total factory wages for November were $42,000, 90% of which were for direct labor. TaskMaster manufactured 19,000 units of produts during November 42,500 pounds of direct materials and 5,000 direct labor hours. hat e variance for November? Multiple Choice During November, TaskMaster purchased 160,000 November were $42,000, 90% of which were for di 142,500 pounds of direct materials and 5,000 direc What is the direct labor rate variance for November Choice O $1,800 O $1,900 O $2.000 $2,200 P Step by Step Solution
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