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3 years ago

The best time to visit a college campus is:

Business

2 answers:

Aloiza [94]3 years ago

6 0

D or c if I’m right but I’m pretty sure it’s d ! :)

zmey [24]3 years ago

4 0

Answer:

Explanation:

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When units are moved from one processing department to the next, the cost associated with those units must also be moved from o

KonstantinChe [14]

These costs called as Transferred costs.

<h3><u>Explanation:</u></h3>

The costs that are accumulated during the time of upstream production process in a firm refers to Transferred costs. These are associated with the goods that are transferred to the next department of a business from one department. With this product there will be a continuation of the production process.

These are semi finished goods that are transferred for the purpose of continuing the production process. When these units are moved form the processing department to the next department, these transferred cost will be transferred from one work in process account to the next account.

7 0

2 years ago

Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that

geniusboy [140]

Answer:

Explanation:

Beginning WIP inventory 74000

Add: Units started during May 390000

Less: Ending inventory 34000

Units completed and transferred 430000

1 Equivalent Units

Whole units Materials Conversion

Beginning WIP inventory 74000 74000 74000

Started & completed 356000 356000 356000

Ending inventory 34000 23800 10200

Units accounted for 464000 453800 440200

Materials Conversion

Equivalent units of production 453800 440200

Cost Data: Total Material Conversion

Beginning WIP inventory 142800 98800 44000

Current costs 755960 513830 242130

Total cost to account for 898760 612630 286130

Divided by Equivalent units 453800 440200

Cost per Equivalent unit 2.00 1.35 0.65

Materials Conversion

Cost per Equivalent unit 1.35 0.65

Cost Assignment:

Ending Work in process:

Material 32130

Conversion 6630

Total Ending Work in process 38760

Cost of units completed and transferred

Material 580500

Conversion 279500

Total 860000

Cost to be accounted for:

Beginning WIP inventory 142800

Current costs 755960

Total costs to be accounted for 898760

Cost accounted for as follws:

Cost of units completed and transferred 860000

Cost of ending work in process 38760

Total costs accounted for 898760

6 0

2 years ago

Journalize the entries to record the following transactions for Mountain Realty Inc.:

kherson [118]

Answer and Explanation:

The journal entries are shown below"

On Aug 26

Cash Dr $768,000

To Common stock $640,000

To Additional paid in capital $128,000

(Being issuance of the common stock is recorded)

On Oct 1

Cash Dr $410,000

To preferred stock $410,000

(Being the issuance of the preferred stock is recorded)

On Nov 30

Cash Dr $187,000

To Common stock $170,000

To Additional paid in capital $17,000

(Being issuance of the common stock is recorded)

3 0

2 years ago

Becky was asked to divide a rectangle into 4 equal pieces and to shade one of those pieces. is becky right or not?

gayaneshka [121]

Need to see the picture

4 0

3 years ago

In a process cost system, the application of factory overhead usually is recorded as an increase in?

vredina [299]

In a process cost system, the application of factory overhead usually is recorded as an increase in work in process inventory control.

<h3>What is the process costing system?</h3>

When a large number of similar products are manufactured, a process costing system accumulates costs.
A process costing method is used by any large-scale firm who produces huge quantities of identical commodities.
A petroleum refinery is a perfect example of a process costing environment since it is hard to trace the cost of a specific unit of oil as it passes through the refinery.

learn more about costing system refer:

brainly.com/question/26515102

#SPJ4

5 0

1 year ago