please
answer all 4 multiple choice questionsHomework Answers
rate positively ..
| ans 1 | Correct answer is option - | |||||||
| Direct material and direct labor | ||||||||
| ans 2 | Correct answer is option - | |||||||
| Consists of all manufacturing costs other than direct material and direct labor | ||||||||
| ans 3 | Correct answer is option - | |||||||
| Finished goods | ||||||||
| ans 4 | Correct answer is option - | |||||||
| Actual costs for direct materials and direct labor and estimated costs for overhead. | ||||||||
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please
answer all 4 multiple choice questions
Which of the following are fairly easy to trace...
Match each term with the explanation. Averages manufacturing costs across all units produced so that each...
Match each term with the explanation. Averages manufacturing costs across all units produced so that each identical unit bears the same cost Process of dividing the total manufacturing overhead among the jobs produced during the year Used to accumulate direct materials, direct labor and manufacturing overhead allocated to a job Predetermined manufacturing overhead rate multiplied by actual amount of allocation base used by job Account credited when recording the use of direct labor on jobs Account credited when finished goods...
all one question just matching!!! thank you!!! itll help a lot especially since i dont have...
all one question just matching!!! thank you!!! itll help a lot
especially since i dont have enough funds for the book!!!
Manufacturing overhead allocated is less than the actual manufacturing overhead Debited for the amount of indirect materials requisitioned for jobs Account debited when raw materials are purchased 1 Process costing 2 Job costing DODDODD Used to accumulate direct materials, direct labor and manufacturing overhead allocated to a job 3. Job cost record Records the time spent by each employee...
Please please please answer all :)))) 1. A selected list of accounts used by Firenze Flooring...
Please please please answer all :))))
1. A selected list of accounts used by Firenze Flooring follows: Cash Accounts Receivable Raw Materials Inventory Work In Process Inventory Finished Goods Inventory Accounts or Wages Payable Factory Labor Manufacturing Overhead Cost of Goods Sold Sales Revenue Firenze Flooring uses a job order system and maintains perpetual inventory records. Instructions: Place the appropriate account in the columns indicating the appropriate account(s) to be debited and credited for the transactions listed below. Account(s) Debited...
00 [The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that...
00 [The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Part 8 of 15 Raw materials Work in process Finished goods $ 40,000 $ 18,000 $ 35,000 1 points 02:36:21 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a...
Required information The Foundational 15 (LO3-1, LO3-2, LO3-3, LO3-4) (The following information applies to the questions...
Required information The Foundational 15 (LO3-1, LO3-2, LO3-3, LO3-4) (The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 60,500 $ 20,800 $ 57,600 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $11.25 per direct labor-hour was based on...
1.Superior Company provided the following data for the year ended December 31 (all raw materials are...
1.Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses $ 219,000 Purchases of raw materials $ 261,000 Direct labor ? Administrative expenses $ 159,000 Manufacturing overhead applied to work in process $ 369,000 Actual manufacturing overhead cost $ 356,000 Inventory balances at the beginning and end of the year were as follows: Beginning of Year End of Year Raw materials $ 59,000 $ 36,000 Work...
[The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses...
[The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were as follows: Raw materials $ 60,500 Work in process $ 20,800 Finished goods $ 57,600 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company’s predetermined overhead rate of $11.25 per direct labor-hour was based on a cost formula that estimated $450,000 of total manufacturing...
Required information The Foundational 15 [LO3-1, LO3-2, LO3-3, LO3-4] [The following information applies to the questions...
Required information The Foundational 15 [LO3-1, LO3-2, LO3-3,
LO3-4] [The following information applies to the questions
displayed below.] Bunnell Corporation is a manufacturer that uses
job-order costing. On January 1, the company’s inventory balances
were as follows: Raw materials $ 62,500 Work in process $ 23,200
Finished goods $ 36,900 The company applies overhead cost to jobs
on the basis of direct labor-hours. For the current year, the
company’s predetermined overhead rate of $11.00 per direct
labor-hour was based on...
the chavez questions is missing a mutilpe choice answer of 75000 this is all the information...
the chavez questions is missing a mutilpe choice answer of
75000
this is all the information i have do you mean the picture is
unclear?
Luebec. has provided the following data for the month of November the balance in the finished Goods inventory account at the beginning of the month was $70.000 d e end of the month was 300 The cost of goods manufactured for the month was $221000. The actual manufacturing overhead coincurred was $50.400 and the manufacturing...
"The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses...
"The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 40,000 $ 18,000 $ 35,000 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing...
all one question just matching!!! thank you!!! itll help a lot
especially since i dont have enough funds for the book!!!
Manufacturing overhead allocated is less than the actual manufacturing overhead Debited for the amount of indirect materials requisitioned for jobs Account debited when raw materials are purchased 1 Process costing 2 Job costing DODDODD Used to accumulate direct materials, direct labor and manufacturing overhead allocated to a job 3. Job cost record Records the time spent by each employee...
Please please please answer all :))))
1. A selected list of accounts used by Firenze Flooring follows: Cash Accounts Receivable Raw Materials Inventory Work In Process Inventory Finished Goods Inventory Accounts or Wages Payable Factory Labor Manufacturing Overhead Cost of Goods Sold Sales Revenue Firenze Flooring uses a job order system and maintains perpetual inventory records. Instructions: Place the appropriate account in the columns indicating the appropriate account(s) to be debited and credited for the transactions listed below. Account(s) Debited...
00 [The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Part 8 of 15 Raw materials Work in process Finished goods $ 40,000 $ 18,000 $ 35,000 1 points 02:36:21 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a...
Required information The Foundational 15 (LO3-1, LO3-2, LO3-3, LO3-4) (The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 60,500 $ 20,800 $ 57,600 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $11.25 per direct labor-hour was based on...
Required information The Foundational 15 [LO3-1, LO3-2, LO3-3,
LO3-4] [The following information applies to the questions
displayed below.] Bunnell Corporation is a manufacturer that uses
job-order costing. On January 1, the company’s inventory balances
were as follows: Raw materials $ 62,500 Work in process $ 23,200
Finished goods $ 36,900 The company applies overhead cost to jobs
on the basis of direct labor-hours. For the current year, the
company’s predetermined overhead rate of $11.00 per direct
labor-hour was based on...
the chavez questions is missing a mutilpe choice answer of
75000
this is all the information i have do you mean the picture is
unclear?
Luebec. has provided the following data for the month of November the balance in the finished Goods inventory account at the beginning of the month was $70.000 d e end of the month was 300 The cost of goods manufactured for the month was $221000. The actual manufacturing overhead coincurred was $50.400 and the manufacturing...
"The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 40,000 $ 18,000 $ 35,000 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing...
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