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
Alekssandra [29.7K]
3 years ago
6

AccuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, th

en poured into molds to produce the castings. On May 1, there were 900 pounds of alloy in process, which were 40% complete as to conversion. The Work in Process balance for these 900 pounds was $102,960, determined as follows:
Direct materials (900 x $110) $99,000
Conversion (900 x 40% x $11) 3,960
$102,960

During May, the Casting Department was charged $901,000 for 8,500 pounds of alloy and $33,920 for direct labor. Factory overhead is applied to the department at a rate of 150% of direct labor. The department transferred out 8,700 pounds of finished castings to the Machining Department. The May 31 inventory in process was 20% complete as to conversion.

a. Prepare the following May journal entries for the Casting Department:
1. The materials charged to production
2. The conversion costs charged to production
3. The completed production transferred to the Machining Department

b. Determine the Work in Process—Casting Department May 31 balance.
c. Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the previous month (April).

Business
1 answer:
marshall27 [118]3 years ago
5 0

Answer:

Explanation:

Base on the been described in the question, we can use the following method in the image attached file below

You might be interested in
This tax is locally assessed, varies according to the worth of land and goods on it, and generally funds things like public scho
andre [41]

Answer:

Property

Explanation:

I Did it

7 0
2 years ago
Cash flows from __________ activities are the cash flows from transactions that affect the net income of a company.
neonofarm [45]

Answer: Operating

Explanation:

5 0
2 years ago
20. Frictional unemployment is inevitable because: A) different sectors do not shift. B) the economy needs to be lubricated. C)
Cerrena [4.2K]

Answer:

The answer is option B) Frictional unemployment is inevitable because the economy needs to be lubricated.

Explanation:

Frictional unemployment is different from others in happens as a result of employees seeking out better opportunities. They could leave voluntarily or be fired from their current jobs but its is for a greater good- which is a quest for better economic opportunity.

Frictional unemployment occurs when there is a mismatch between job seekers and available jobs in the market.

It also happens due to the natural career progression for an employed staff seeking to transition to a new job, industry, or role.

Frictional unemployment is like a lubricant in the economy because an increase in frictional unemployment means more workers are moving toward better positions.

4 0
3 years ago
Roundwell motors purchases a manufacturing plant for​ $15 million, pays​ $5 million in cash as down​ payment, and borrows the re
gregori [183]
A mortgage is the resource available to home providence to recover the loan. 

A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay. 
7 0
3 years ago
Transactions processing systems monitor, collect, store, and process data generated from all business events. Select one: True F
Radda [10]

Answer:

TRUE

Explanation:

For example: consider a video game store where a customer comes in to buy a product then pay for it at the checkout counter. The staff goes to take the similar product from the store room and replaces it on the shelve. When the stock runs low, new products are ordered.

All the processes above involve the collection, storing and processing of the  the product and the system that monitors those process is known as Transaction Processing System.

4 0
3 years ago
Other questions:
  • What makes communication dynamic?
    14·1 answer
  • All of the following are benefits of participating in a QRIS system except
    14·2 answers
  • *E21.23 (LO 5) (Sale-Leaseback) Assume that on January 1, 2020, Elmer's Restaurants sells a computer system to Liquidity Finance
    5·1 answer
  • The Aleutian Company uses departmental overhead rates. The Fabrication Department uses machine hours for an allocation base, and
    13·1 answer
  • Which activity best demonstrates the trait of responsibility?
    13·1 answer
  • Which of the following was the result on appeal in the Case Opener involving the alleged breach of an oral contract based on the
    11·1 answer
  • Answer gets brainliest
    15·2 answers
  • The following preliminary unadjusted trial balance of Ranger Co., sports ticket agency, Errors in trial balance
    14·1 answer
  • A portfolio consists of 265 shares of Stock C that sells for $50 and 230 shares of Stock D that sells for $25. What is the portf
    11·1 answer
  • Rest causes the value of money received today to be greater than the value of that same amount of money received in the future i
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!