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To Week 5: Chapter 17 Quiz - ACC1002 Accounting II S... CengageNOWV2 Online teaching and learning...
D Question 13 5 pts A company with working capital of $720,000 and a current ratio...
D Question 13 5 pts A company with working capital of $720,000 and a current ratio of 2.2 pays a $125,000 short-term liability. The amount of working capital immediately after payment is $595,000 $720,000 $125,000 $845,000 Previous The following production data were taken from the records of the finishing department for June: ery ing Online 1,500 units Inventory in process, June 1, 25% completed Transferred to finished goods during June Equivalent units of production during June 5,000 units ments 5,200...
v2.cengagenow.com CengageNOWv2 1 Online teaching and leaming m Cengage Calculator The following units of an inventory...
v2.cengagenow.com CengageNOWv2 1 Online teaching and leaming m Cengage Calculator The following units of an inventory item were available for sale during the year: 8 units at $48 Beginning inventory 18 units at $51 First purchase Second purchase 24 units at $57 Third purchase 19 units at $57 The firm uses the periodic inventory system. During the year, 52 units of the item were sold. The value of ending inventory using LIFO is Oa. $1,035 Ob. $384 Oc $1,227 Od...
CH 18 Quiz CengageNOWV2 Online teaching and learning resource from Cengage Learning Calculator 2 The total...
CH 18 Quiz CengageNOWV2 Online teaching and learning resource from Cengage Learning Calculator 2 The total factory overhead for Big Light Company is budgeted for the year at $1,007,400. Big Light manufactures two different products: night lights and desk lamps. Night lights are budgeted for 8,200 units. Each night light requires 3 hours of direct labor. Desk lamps are budgeted for 9,600 units. Each desk lamp requires 2 hours of direct labor. a Determine the total number of budgeted direct...
These 10 pages are related to one assignment. The pages are in (page order): 2 I Online ten-hing and iearning resource from Cengage Learning 5/10/2019 -S Equivalent Units of Producti The Converting D...
These 10 pages are related to one assignment. The pages are in
(page order):
2 I Online ten-hing and iearning resource from Cengage Learning 5/10/2019 -S Equivalent Units of Producti The Converting Department of Hopkinsville Company had 640 units in work in process at the beginning of the period, which were 25% complete. During the period, 13,600 units were completed and transferred to the Packing Department here were 720 units in process at the end of he period which were...
Calculator The following production data were taken from the records of the Finishing Department for June...
Calculator The following production data were taken from the records of the Finishing Department for June Inventory in process, June 1, 30% completed 4,000 units Completed units during June 65,000 units Ending Inventory, 60% completed 65,000 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first in, first-out method is used to cost Inventories and materials were added at the beginning of the process, is Oa. 68,000 units Ob. 76,000...
The following production data were taken from the records of the Finishing Department for June: Inventory...
The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (37% completed) 5,600 units Completed units during June 61,700 units Ending inventory (57% complete) 3,700 units The number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories, is a.56,100 units b.65,400 units c.2,109 units d.59,800 units
Department Ahad 4.000 o s oba overheadh beginning of the period. 29 000 so l d...
Department Ahad 4.000 o s oba overheadh beginning of the period. 29 000 so l d ed the period. 31.000 were completed during the period, and 2.000 were completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first fint out thod is used to inventories of production for conversion costs for the period was 32. The number of equivalent & 30,200 b. 29,800 c. 33,800 d...
The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company...
The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $901,600. The conversion cost for the period in the Bottling Department is $395,000. The total equivalent units for direct materials and conversion are 32,200 liters and 7,900 liters, respectively. Determine the direct materials and conversion cost per equivalent unit. Cost per equivalent unit of materials A Cost per equivalent unit of conversion Department M had 2,100 units 53% completed in process at the...
Homework: HW 5 - Chapter 17 Score: 6.72 of 15 pts %E17-32 (similar to) 18 of...
Homework: HW 5 - Chapter 17 Score: 6.72 of 15 pts %E17-32 (similar to) 18 of 20 (18 complete artif Aaya Clothing, Inc. is a manufacturer of winter dothes. It has a king department and finishing department. This added every during the proces Suppose that the FIFO method. The following information for 2017 Cok the icon to view the information) Read the girements s on the department Direct e d Requirement 1. Caicte equivalent units of work done in the...
Molding Department Finishing Department 2,800 5,000 $ 33, 340 11,180 $ 125,000 15,000 6,000 48,200 3,400...
Molding Department Finishing Department 2,800 5,000 $ 33, 340 11,180 $ 125,000 15,000 6,000 48,200 3,400 2,000 Beginning Inventories (on April 1): Physical units in production carried forward from March 31 Costs: Transferred Molding costs carried forward from March 31 Direct materials costs carried forward from March 31 Conversion costs carried forward from March 31 Current Production (in April): Units started during April Units in ending inventories as of April 30 Costs: Molding costs transferred to Finishing during April Direct...
D Question 13 5 pts A company with working capital of $720,000 and a current ratio of 2.2 pays a $125,000 short-term liability. The amount of working capital immediately after payment is $595,000 $720,000 $125,000 $845,000 Previous The following production data were taken from the records of the finishing department for June: ery ing Online 1,500 units Inventory in process, June 1, 25% completed Transferred to finished goods during June Equivalent units of production during June 5,000 units ments 5,200...
v2.cengagenow.com CengageNOWv2 1 Online teaching and leaming m Cengage Calculator The following units of an inventory item were available for sale during the year: 8 units at $48 Beginning inventory 18 units at $51 First purchase Second purchase 24 units at $57 Third purchase 19 units at $57 The firm uses the periodic inventory system. During the year, 52 units of the item were sold. The value of ending inventory using LIFO is Oa. $1,035 Ob. $384 Oc $1,227 Od...
CH 18 Quiz CengageNOWV2 Online teaching and learning resource from Cengage Learning Calculator 2 The total factory overhead for Big Light Company is budgeted for the year at $1,007,400. Big Light manufactures two different products: night lights and desk lamps. Night lights are budgeted for 8,200 units. Each night light requires 3 hours of direct labor. Desk lamps are budgeted for 9,600 units. Each desk lamp requires 2 hours of direct labor. a Determine the total number of budgeted direct...
These 10 pages are related to one assignment. The pages are in
(page order):
2 I Online ten-hing and iearning resource from Cengage Learning 5/10/2019 -S Equivalent Units of Producti The Converting Department of Hopkinsville Company had 640 units in work in process at the beginning of the period, which were 25% complete. During the period, 13,600 units were completed and transferred to the Packing Department here were 720 units in process at the end of he period which were...
Calculator The following production data were taken from the records of the Finishing Department for June Inventory in process, June 1, 30% completed 4,000 units Completed units during June 65,000 units Ending Inventory, 60% completed 65,000 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first in, first-out method is used to cost Inventories and materials were added at the beginning of the process, is Oa. 68,000 units Ob. 76,000...
Department Ahad 4.000 o s oba overheadh beginning of the period. 29 000 so l d ed the period. 31.000 were completed during the period, and 2.000 were completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first fint out thod is used to inventories of production for conversion costs for the period was 32. The number of equivalent & 30,200 b. 29,800 c. 33,800 d...
The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $901,600. The conversion cost for the period in the Bottling Department is $395,000. The total equivalent units for direct materials and conversion are 32,200 liters and 7,900 liters, respectively. Determine the direct materials and conversion cost per equivalent unit. Cost per equivalent unit of materials A Cost per equivalent unit of conversion Department M had 2,100 units 53% completed in process at the...
Homework: HW 5 - Chapter 17 Score: 6.72 of 15 pts %E17-32 (similar to) 18 of 20 (18 complete artif Aaya Clothing, Inc. is a manufacturer of winter dothes. It has a king department and finishing department. This added every during the proces Suppose that the FIFO method. The following information for 2017 Cok the icon to view the information) Read the girements s on the department Direct e d Requirement 1. Caicte equivalent units of work done in the...
Molding Department Finishing Department 2,800 5,000 $ 33, 340 11,180 $ 125,000 15,000 6,000 48,200 3,400 2,000 Beginning Inventories (on April 1): Physical units in production carried forward from March 31 Costs: Transferred Molding costs carried forward from March 31 Direct materials costs carried forward from March 31 Conversion costs carried forward from March 31 Current Production (in April): Units started during April Units in ending inventories as of April 30 Costs: Molding costs transferred to Finishing during April Direct...
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