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
Gre4nikov [31]
2 years ago
4

Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows:

Business
1 answer:
gregori [183]2 years ago
7 0

Answer:

                              Production cost worksheet

Flow of production             Physical unit Direct materials Conversion

Beginning work in process   10,000

Starting during period          <u>20,000</u>

To account for                       30,000

Unit Completed                      25,000             25,000              25,000

Ending WIP                              <u>5,000               5,000                 3,000</u>

Accounted For                         <u>30,000              30,000             28,000</u>

<u />

Cost                                          Total    Direct materials  Conversion

Beginning WIP                         8,600           6,000               2,600

Cost added during period      <u>47,000         30,000             17,000</u>

Total cost to account for A     55,600         36,000             19,600

Equivalent units                                             <u>30,000            28,000</u>

Equivalent units cost A/B     <u>    1.9                   1.2                   0.7</u>

<u></u>

<u>Assignment of cost</u>

Cost of transferred out      47,500 (25,000 *1/9)

Ending wip:

Direct materials                   6,000 (5,000*1/2)

Conversion                          <u>2,100</u>(3,000*1/2)

Cost accounted for            <u>55,600</u>

You might be interested in
What is a great marketing strategy
pychu [463]
Advertising and spreading the word.
8 0
2 years ago
Read 2 more answers
Sales $200,000 Operating expenses 150,000 (excludes charitable contribution deduction) Nontaxable income 3,000 Nondeductible exp
Lesechka [4]

Answer:

$2,500

Explanation:

The amount of charitable contribution deduction as stipulated in Section 181 of the Companies Act, 2013 is 5 percent of the net profit of such corporation.

Net Profit = Sales - Operating Expenses

Net Profit = $200,000 - $150,000

Net Profit = $50,000

Amount eligible for deduction = $50,000 * 5%

Amount eligible for deduction = $2,500

So, the amount eligible for deduction is $2,500 even though the Corporation contribute $6,000 as stated in the question

5 0
2 years ago
You charge $500 on each of your two credit cards.
kolbaska11 [484]
You charge $500 on each of your two credit cards.
One is American Express with an interest rate of 15.99%.
The other is Chase Sapphire with an interest rate of
20.99%. Assuming that you are only making the minimum
payment of $25 to each of the credit card companies,
which card will you pay off first
3 0
1 year ago
To identify patterns across transactions, we can use _____.
antiseptic1488 [7]
The anser is d- k-means
8 0
1 year ago
According to the video, what are some common tasks for Social and Human Service Assistants? Check all that apply.
Butoxors [25]

Answer:

A,D,E

Explanation:

7 0
1 year ago
Read 2 more answers
Other questions:
  • Herbert Simon:________
    10·1 answer
  • Bonnie is writing a cover letter for a job application. She has written the introduction describing her strengths. However, she
    11·2 answers
  • Paul loved to party at mardi gras, even if he was not involved in making a float or anything else. the atmosphere on the street
    5·1 answer
  • The expected rate of return of a portfolio of risky securities is _________. the weighted sum of the securities' variances the s
    12·1 answer
  • Nathan is the administrative manager at Woodlands, Inc. The organizational procedures and policies of the company prevent Nathan
    9·2 answers
  • Presented below is selected information related to Beerbo Inc. at year-end. All these accounts have debit balances. For each ite
    14·1 answer
  • Are organizations, such as mutual funds, insurance companies, or person funds, that pool contributions from a large number of in
    9·1 answer
  • Darla offers to pay Edward $6,000 for Edward's car, provided that Darla receives that much from her uncle's estate, which is cur
    12·1 answer
  • Madison Corporation purchased 40% of Jay Corporation for $300,000 on January 1. On June 20 of the same year, Jay Corporation dec
    5·1 answer
  • The purpose of _______ is to build selective demand.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!