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
FinnZ [79.3K]
2 years ago
5

g n a process cost system, 108,000 units of a product are assembled in Department F with total product cost (DM, DL, and FO) $90

,000. The same 108,000 units are then painted in Department G. Department G painting product cost is $64,000. After painting in Department G, the 108,000 units are inspected in Department H, adding additional product cost $26,000. After inspection, the same 108,000 units are complete, and their cost is transferred to Finished Goods Inventory. a) Prepare the journal entry for the transfer of product cost from Department F to Dept. G.
Business
1 answer:
ivolga24 [154]2 years ago
4 0

Answer:

Journal Entry

Debit Department G Work in Process $90,000

Credit Department F Work in Process $90,000

To record the transfer of product cost from Department F to Department G.

Explanation:

a) Data and Calculations:

Number of units assembled in Department F = 108,000

Total product cost (DM, DL, and FO) = $90,000

Additional inspection cost in Department H = $26,000

Total product cost = $116,000 ($90,000 + $26,000)

Transfer of product cost from Department F to Department G:

Department G Work in Process $90,000

Department F Work in Process $90,000

You might be interested in
In 2007, Salesforce.com recognized an emerging market for platform as a service (PaaS) offerings and developed a new competency
Debora [2.8K]

Answer:

Option D. Building new core competencies to create and compete in markets of the future.

Explanation:

The market entrants when enter they don't have any share of market. To attain the market they bring with them uniqueness in their product which the rival companies cann't offer. For this reason, many existing companies try to add additional capabilities and competencies in its existing strengths. This uniqueness achieved gives a competitive advantage which means the correct option is option D.

7 0
2 years ago
The properly marked source document states:
Mariana [72]

Answer:

B. Contained in

Explanation:

Base on the scenario been described in the question, the concept that is used to derivatively classify the statement in the new document is contained in

Contained in can be said to a classified statement in a new document

4 0
3 years ago
Steve went to his favorite hamburger restaurant with $3, expecting to buy a $2 hamburger and a $1 soda. when he arrived he disco
inysia [295]
The answer is The income effect. 
Income effect is described as the change in demand of a service or good brought on by change in the income of a consumer.It is observed in two cases first is when income of person increases and second is when price of goods or service decreases. 
The scenario given in the question is an example of second case as the price of burger was less than normal Steve perceived his income to be able to buy more product in same price
8 0
3 years ago
On April 1, 2018, Owl Co. sold $2,000,000, 5% bonds at par, convertible to 18,000 common stock, but not converted in 2018. In 20
murzikaleks [220]

Answer:$4.44

Explanation:

Net income after tax is $600,00 less 20% =$480,000

Total shares for diluted eps 90,000+18,000= 108,000

Diluted eps= 480,000/108,000

= $4.44

.

3 0
3 years ago
A regulatory agency that protects workers is
bagirrra123 [75]

Answer:

answer is A

Explanation:

6 0
2 years ago
Other questions:
  • _______ is the efforts of independent individuals, groups, and organizations to protect the rights of consumersa) sustainability
    14·1 answer
  • Mary Jane is a lawyer who can earn $150 per hour in her law practice. She is also an excellent carpenter who can build cabinets
    14·1 answer
  • You have just been hired as a database administrator for an international corporation that is a holding company for many other c
    8·1 answer
  • Which financial decision is this:
    8·1 answer
  • Martha visits a departmental store and discovers that a box of exotic candles will cost her ten percent more than what she had p
    14·1 answer
  • What I can do differently then other applicants?<br> <br><br>must be 2-3 sentences please. 
    14·1 answer
  • A female client, aged 35, has a cancerous tumor in her breast. She has been scheduled to undergo surgery and have her breast rem
    8·1 answer
  • Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system wi
    6·1 answer
  • Real and nominal income is calculated respectively at----
    14·1 answer
  • In the context of the elements of scientific management, time and motion studies focus on: group of answer choices designing dif
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!