Homework Answers
|
Answer |
|||
| A. | |||
| Explanation | Dr. $ | Cr. $ | |
| 1 | Work in progress - Refining Department | $ 430,700 | |
| Material | $ 430,700 | ||
| 2 | Work in progress - Refining Department | $ 150,700 | |
| Wages Payable | $ 150,700 | ||
| 3 | Work in progress - Refining Department | $ 99,100 | |
| Factory Overhead-Refining Department | $ 99,100 | ||
| B. | |||
| Dr. $ | Cr. $ | ||
| 1 | Work in progress - Shifting Department | $ 674,900 | |
| Work in progress - Refining Department | $ 674,900 | ||
| Cost of Transfer =Opening WIP cost + Material + wages + Factory Overhead – Closing WIP Cost | |||
| 24,100+430,700+150,700+99,100-29700 | |||
| $674,900 | |||
| Please like |
Add Answer to:
H3 HOMEWORK Entries for Flow of Factory Costs for Process Cost System Radford Inc. manufactures a...
Entries for Flow of Factory Costs for Process Cost System Radford Inc. manufactures a sugar product...
Entries for Flow of Factory Costs for Process Cost System Radford Inc. manufactures a sugar product by a continuous process, involving three production departments—Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $1,250,000, $660,000, and $975,000, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $328,000, and work in process at the end of the period totaled $295,000. a....
Entries for Flow of Factory Costs for Process Cost System Radford Inc. manufactures a sugar product...
Entries for Flow of Factory Costs for Process Cost System Radford Inc. manufactures a sugar product by a continuous process, involving three production departments—Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $285,500, $99,900, and $65,700, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $16,000, and work in process at the end of the period totaled $19,700. a....
Entries for Flow of Factory Costs for Process Cost System Radford Inc, manufactures a sugar product...
Entries for Flow of Factory Costs for Process Cost System Radford Inc, manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $458,200, $160,400, and $105,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $25,700, and work in process at the end of the period totaled $31,600. a....
Entries for Flow of Factory Costs for Process Cost System Radford Inc. manufactures a sugar product...
Entries for Flow of Factory Costs for Process Cost System Radford Inc. manufactures a sugar product by a continuous process, involving three production departments—Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $1,250,000, $660,000, and $975,000, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $328,000, and work in process at the end of the period totaled $295,000. a....
Entries for Flow of Factory Costs for Process Cost System Calculator Radford Inc, manufactures a sugar...
Entries for Flow of Factory Costs for Process Cost System Calculator Radford Inc, manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $401,600, $140,600, and $92,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $22,500, and work in process at the end of the period totaled $27,700....
Entries for Flow of Factory Costs for Process Cost System Radford Inc, manufactures a sugar product...
Entries for Flow of Factory Costs for Process Cost System Radford Inc, manufactures a sugar product by a continuous process, involving three production departments --Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $496,900, $173,900, and $114,300, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $27,800, and work in process at the end of the period totaled $34,300....
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product...
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $419,100, $146,700, and $96,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $23,500, and work in process at the end of the period totaled $28,900. a....
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product...
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments—Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $621,500, $217,500, and $142,900, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $34,800, and work in process at the end of the period totaled $42,900. a....
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product by a continuous...
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $536,500, $187,800, and $123,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $30,000, and work in process at the end of the period totaled $37,000. a....
Entries for flow of factory costs for process cost system Instructions Chart of Accounts Journal Instructions...
Entries for flow of factory costs for process cost system Instructions Chart of Accounts Journal Instructions Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $388,000, $141,000, and $96,800, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29,800, and work in process at the end...
Entries for Flow of Factory Costs for Process Cost System Radford Inc, manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $458,200, $160,400, and $105,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $25,700, and work in process at the end of the period totaled $31,600. a....
Entries for Flow of Factory Costs for Process Cost System Calculator Radford Inc, manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $401,600, $140,600, and $92,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $22,500, and work in process at the end of the period totaled $27,700....
Entries for Flow of Factory Costs for Process Cost System Radford Inc, manufactures a sugar product by a continuous process, involving three production departments --Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $496,900, $173,900, and $114,300, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $27,800, and work in process at the end of the period totaled $34,300....
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $419,100, $146,700, and $96,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $23,500, and work in process at the end of the period totaled $28,900. a....
Entries for Flow of Factory Costs for Process Cost System Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $536,500, $187,800, and $123,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $30,000, and work in process at the end of the period totaled $37,000. a....
Entries for flow of factory costs for process cost system Instructions Chart of Accounts Journal Instructions Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $388,000, $141,000, and $96,800, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29,800, and work in process at the end...
Most questions answered within 3 hours.
-
lease solve all the
questions, don't need to explanations
Q1 - All animal
species have general...
asked 44 minutes ago -
Business Phasing
1.Discuss the logical progression for growing a business, which
starts from the initial idea...
asked 50 minutes ago -
Modify
When executing on the command line having only
this program name, the program will accept...
asked 2 hours ago -
Kenny Electric Company's noncallable bonds were issued several
years ago and now have 20 years to...
asked 2 hours ago -
find H(e^Jtheta) at theta= 0, pi/10, pi/20, pi/2 for
the following:
a) H(e^Jtheta)= 1+e^Jtheta
b) H(e^Jtheta)=...
asked 2 hours ago -
Home Corporation will open a new store on January 1. Based on
experience from its other...
asked 3 hours ago -
In a neoclassical model, use the IS-LM to analyze the effect of
a permanent money supply...
asked 3 hours ago -
An electron passes through a point 2.67 cm from a long straight
wire as it moves...
asked 4 hours ago -
A grammar is a 4-tuple G, G = (Ν, Σ, Π, Σ, S) where, Ν is...
asked 4 hours ago -
In this part, calculate the present values. Use the Excel PV
function to compute the present...
asked 4 hours ago -
Part 1. Primitive Types, Sorting, Recursion for
Homework.java
a) Implement the static method initializeArray that receives...
asked 6 hours ago -
Using C++, build a sorter that can rank a sequence of numbers in
a descending order....
asked 5 hours ago