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skelet666 [1.2K]
2 years ago
8

Cooperative San José of southern Sonora state in Mexico makes a unique syrup using cane sugar and local herbs. The syrup is sol

d in small bottles and is prized as a flavoring for drinks and for use in desserts. The bottles are sold for $12 each. (The Mexican currency is the peso and is denoted by .) The first stage in the production process is carried out in the Mixing Department, which removes foreign matter from the raw materials and mixes them in the proper proportions in large vats. The company uses the weighted-average method in its process costing system.
Required:
(d) The manager of the Mixing Department stated, "Materials prices jumped ifonı abuut $2.50 per unit in March to $3 per unit in April, but due to good cost control I was able to hold our materials cost to less than $3 per unit for the month." Should this manager be rewarded for good cost control? Explain.
Business
1 answer:
cestrela7 [59]2 years ago
3 0

In the generation taken a cost report in handle costing, the entire units that were in generation in a manufacturing office are accommodated to those completed and exchanged out and those still in advance, and the generation costs caused are designated between those units utilizing the comparable units of generation concept.

What is weighted average method?

  • The weighted average takes into consideration the relative significance or recurrence of a few variables in a information set.
  • A weighted average is in some cases more precise than a straightforward average.
  • In a weighted average, each information point esteem is increased by the doled out weight which is at that point summed and separated by the number of information points.
  • For this reason, a weighted average can progress the data's accuracy. Stock financial specialists utilize a weighted average to track the fetched premise of offers bought at changing times.

To know more about weighted average method visit:

brainly.com/question/26499005?

#SPJ4

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After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger
Delicious77 [7]

Answer:

April 30

Dr Fees earned 356,500

Cr Income summary356,500

April 30

Dr Income summary 363,600

Cr Wages expense 283,100

Cr Rent expense 56,000

Cr Supplies expense 11,500

Cr Miscellaneous expense 13,000

April 30

Dr Felix Goodwin, capital 7,100

Cr Income summary 7,100

April 3.0

Dr Felix Goodwin, capital 10,500

Cr Felix Goodwin, drawing 10,500

Explanation:

Preparation of the journal entry for the two entries required to close the accounts.

April 30

Dr Fees earned 356,500

Cr Income summary356,500

April 30

Dr Income summary 363,600

(283,100+56,000+11,500+13,000)

Cr Wages expense 283,100

Cr Rent expense 56,000

Cr Supplies expense 11,500

Cr Miscellaneous expense 13,000

April 30

Dr Felix Goodwin, capital 7,100

Cr Income summary 7,100

(363,600-356,500)

April 3.0

Dr Felix Goodwin, capital 10,500

Cr Felix Goodwin, drawing 10,500

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Yes; scanning Web directories may be an effective strategy to find a speech topic.
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Most Americans avoid the use of credit when it comes to buying big ticket items like a car or furniture for their home
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True........it is true because........
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ProDairy Inc reduced the prices of its products to combat competitors that were selling dairy products at lower prices. This sce
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Answer:

task environment

Explanation:

It can say that based on the information provided within the question this scenario illustrates a force present in the task environment of an organization. This term refers to different conditions caused by third party factors such as supplies and distributors that directly affect the organization as well as how successful it is in achieving it's goals. Which in this scenario the task environment component affecting them are their competitors.

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3 years ago
On January 1, 2020, Klosterman Company issued $500,000, 10%, 10-year bonds at face value. Interest is payable annually on Januar
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Answer and Explanation:

Journal entry to record the issuance of the bonds.

A.

Jan 1

Dr cash $500,000

Cr bonds payable $500,000

B. Journal entry to record the accrual of the interest

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Dr Interest expense $25,000

Cr Interest Payable $25,000

C. Journal entry to record the payment of interest on January 1, 2021.

Dr Interest expense $25,000

Cr Cash $25,0000

Interest expense $500,000×10%×1/2=$25,000

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