Answer:
Explanation:
To answer this question comprehensively, we are expected to prepare the journal entries <u><em>(which is the act of making or keeping the records of any transactions either for non economic or for Economic purposes. The Transactions are scheduled in an accounting record book and it reveals a company's debit and credit balances.)</em></u> On December 31, 2019, May 11, 2020, and June 12, 2020.
kindly check the attached images below to get the diagram showing all the step by step journal entries we are to prepare.
The cost of ending inventory is 47372 and of the units transferred to the next department for January = 28496.
What is cost of ending work in process inventory for materials, labor, overhead ?
- WIP is a conception used to describe the inflow of manufacturing costs from one area of product to the coming, and the balance in WIP represents all product costs incurred for incompletely completed goods.
- Product costs include raw accoutrements , labor used in making goods, and allocated above.
- For utmost manufacturing operations, the costs that are included in an ending work in process force are raw accoutrements or corridor used, direct labor and manufacturing outflow.
- The finished goods force formula( finished goods force = morning finished goods cost of manufactured goods- COGS) refers to the computation businesses use to determine how numerous force particulars are ready for trade.
Calculation of cost of ending work in process for material, labor, overhead and in total for january,
Material = 2080 x 13.70 = 28496
Labor = 1560 x 4.7 = 7332
Overhead = 1560 x 7.4 = 11544
Total = 47372
Thus,
The cost of ending inventory is 47372 and of the units transferred to the next department for January = 28496.
Learn more about cost of ending work here:
brainly.com/question/15088727
#SPJ4
Answer:
D.a, b and c
Explanation:
a. Giving or allowing a false impression b. Conflict of interest c. Personal decadence d. a, b and c
Answer:
Explanation:
There are three ways to propagate a plant: dividing (separating an already growing plant into two), rooting a leaf (typically done with succulents), or rooting a cutting (a small stem with leaves).
Answer:
my be plastic wrep
Explanation:
because it seems to be elastic and its holds on very well