1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nalin [4]
3 years ago
15

Department J had no work in process at the beginning of the period. 18,000 units were completed during the period, and 2,000 uni

ts were 30% completed at the end of the period. The following manufacturing costs were debited to the departmental work in process account during the period (assume the company uses FIFO and rounds cost per unit to two decimal places): Direct materials (20,000 at $5) $100,000 Direct labor 142,300 Factory overhead 57,200 Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the departmental work in process inventory at the end of the period

Business
1 answer:
torisob [31]3 years ago
5 0

Answer: $283,140

Explanation:

The total cost of the departmental work in process inventory at the end of the period is $283,140.

The work in progress (WIP) was calculated as:

= 2000 × 30%

= 2000 × 0.3

= 600

Check the attachment for further explanation.

You might be interested in
Which does not motivate entrepreneurs?<br>A. profit<br>B. freedom<br>C. innovaton<br>D. security
solniwko [45]
D. security                                  ............................................
          
7 0
4 years ago
Read 2 more answers
The estimated unit costs for a company to produce and sell a product at a level of 15,000 units per month are as follows:Cost It
Lesechka [4]

Answer:

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

Explanation:

Variable cost are those which changes with the activity level. These costs are help in making decision because if we talk about fixed costs, fixed costs do not help in making decisions as they are sunk costs. Management uses variable costs for making the decisions.

Estimated variable costs per unit= Direct material+Direct labor+Variable manufacturing overhead+Variable selling expenses

Estimated variable costs per unit=$38+$23+$21+$4

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

7 0
4 years ago
Two roadway design are under consideration. Design 1A will cost $3 million to build and $100,000 per year to maintain. Design 1B
melomori [17]

Answer:

hhhh

Explanation:

6 0
3 years ago
The payment represents rent for the years 2022 and 2023, the period covered by the lease. Kraft Company is a cash basis taxpayer
anygoal [31]

Answer:

Don't know the answer but gl

Explanation:

just neeed to use the app for answer hope you have a good day ;]

5 0
3 years ago
The owner of a condominium hired a cleaning and junk removal service to clean his condominium after he moved. The parties agreed
Nataliya [291]

Answer:

Condominium Cleaning

The creditor is entitled to recover:

= $1,350.

Explanation:

a) Data and Calculations:

Contract price agreed between condominium cleaner and owner = $1,500

Cost of cleaning the oven that was not done by the cleaner = $150

Creditor's claim from the contract price = Contract price minus cost of cleaning the oven

= $1,350 ($1,500 - $150)

b) This means that the creditor will recover less than the contract price because of the oven that was left uncleaned.  Since the cost of hiring a substitute to clean the oven is $150, this amount will be deducted from the contract price, and then, the creditor can recover the balance.

5 0
3 years ago
Other questions:
  • What will an executive summary for a new business contain that a business plan for a well-established business will not?
    10·2 answers
  • A company's Inventory balance at the end of the year was $188,000 and $200,000 at the beginning of the year. Its Accounts Payabl
    11·1 answer
  • For the year ended December 31, Depot Max's cost of merchandise sold was $56,900. Inventory at the beginning of the year was $6,
    10·1 answer
  • You just purchased a share of SPCC for $100. You expect to receive a dividend of $5 in one year. If you expect the price after t
    10·1 answer
  • Chelsea Milling Company makes Jiffy packaged baking mixes. It was established in 1930. It has never spent one cent on advertisin
    8·1 answer
  • Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming a constant interest rate
    6·1 answer
  • Help
    5·1 answer
  • The manager of the customer service division of a major consumer electronics company is interested in determining whether the cu
    13·1 answer
  • a granary allocates the cost of unprocessed wheat to the production of feed flour and starch 100000. how much of the 120000 cost
    7·1 answer
  • Any unamortized premium is reported on the balance sheet
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!