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just olya [345]
3 years ago
14

During January, the solar cell factory begins 57,000 solar cells, and completes 53,000 of them. The remaining 4,000 solar cells

are 25% through the production process. 61,000 solar cells are sold during the month.Actual production costs (i.e., costs put into production during the month) are $12.9 million: $3.1 million direct material and $9.8 million fixed overhead.1. After all needed adjustments have been made, and under absorption costing, what is the total cost included in (20 points)a. finished goods inventory as of January 31
Business
1 answer:
pogonyaev3 years ago
4 0

Answer:

"2000 units" is the right solution.

Explanation:

The given values are:

Transferred from WIP,

= 53,000 units

Units sold,

= 61,000 units

Beginning inventory,

= 10000 units

Now,

The total number of finished goods will be:

= ( Beginning \Inventory + Transferred \ from \ WIP - Units \ Sold )

On substituting the values, we get

= ( 10000 + 53000 - 61000 )

= 2000 \ Units

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Bryant Company has a factory machine with a book value of $90,000 and a remaining useful life of 5 years. It can be sold for $30
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In file.

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3 years ago
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What is the purpose of using predetermined overhead rates: Variation in cost assignment due to short-term variations in volume c
Sunny_sXe [5.5K]

Answer:

All of the answers are correct.

Explanation:

At the beginning of the accounting period a pre-determined overhead is computed by dividing the estimated overhead production by the estimated basis of operations. The default overhead rate is then applied to manufacturing, so that the standard cost for a product may be calculated

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Suppose that when the Fed decreases the money​ supply, households and firms initially hold less money than they want​ to, relati
solmaris [256]

Answer:

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