Homework Answers
Ending work in process:
Cutting = $1,045 + $2,950 + $13,940 + $15,900 - $23,380 = $10,455
Binding = $1,950 + $2,070 + $3,500 + $7,100 + $19,025 + $23,380 - $41,000 = $16,025
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Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information...
QS 20-20 Transfer of costs; ending WIP balances LO C3 Azule Co. manufactures in two sequential...
QS 20-20 Transfer of costs; ending WIP balances LO C3 Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month Cutting Binding $ 1,045 2.900 $ 1,989 2,070 4.950 Beginning work in process Transferred in fron cutting dept. Direct materials Conversion Costs added during March Direct materials Conversion Transferred in from cutting dept. Transferred to finished goods $13,540 $ 9,828 15,750 19.625 21,100 30,000 Determine the ending balances in...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Ending Inventory Inventory 73,500 75,500 93,300 69,800 26,100 14,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit $ 40,000 Direct materials used-Cutting 22,500 Direct materials...
QualCo manufactures a single product in two departments. Cutting the assembly. During May, the Cutting department...
QualCo manufactures a single product in two departments. Cutting
the assembly. During May, the Cutting department completed a number
of units...
! Required Information The following information applies to the questions displayed below] QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department completed a number of units of a product and transferred them to Assembly of these transferred units, 39,000 were in process in the Cutting department at the beginning of May and...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Beginning Inventory Ending Inventory Work in process inventory—Cutting 83,500 80,500 Work in process inventory—Stitching 103,300 72,900 Finished goods inventory 28,100 16,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit $ 45,000 Direct materials used—Cutting 22,750 Direct materials...
QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department...
QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department completed a number of units of a product and transferred them to Assembly. Of these transferred units, 37,800 were in process in the Cutting department at the beginning of May and 154,800 were started and completed in May. May’s Cutting department beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of May, 51,600...
QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department...
QualCo manufactures a single product in two departments: Cutting
and Assembly. During May, the Cutting department completed a number
of units of a product and transferred them to Assembly. Of these
transferred units, 39,100 were in process in the Cutting department
at the beginning of May and 166,500 were started and completed in
May. May’s Cutting department beginning inventory units were 60%
complete with respect to materials and 40% complete with respect to
conversion. At the end of May, 52,900...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Beginning Inventory Ending Inventory Work in process inventory—Cutting 43,500 51,500 Work in process inventory—Stitching 63,300 60,500 Finished goods inventory 20,100 8,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit $ 25,000 Direct materials used—Cutting 21,750 Direct materials...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Ending Inventory Inventory 223,500 150,500 243, 300 116,300 56,100 44,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching $115,000...
#1 please do all parts Sierra Company manufactures soccer balls in two sequential processes: Cutting and...
#1 please do all parts
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Part 1 of 2 Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Ending Inventory Inventory $ 6,000 $ 9, 250 43,500 51,500 63,300 60,500 20,100 8,250 points The following additional information describes the company's production...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $ 51, 000 133, 500 153, 300 38,100 Ending Inventory $ 61,000 105,500 88, 400 26,250 The following additional information describes the company's production activities for May. Direct materials Raw materials...
QS 20-20 Transfer of costs; ending WIP balances LO C3 Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month Cutting Binding $ 1,045 2.900 $ 1,989 2,070 4.950 Beginning work in process Transferred in fron cutting dept. Direct materials Conversion Costs added during March Direct materials Conversion Transferred in from cutting dept. Transferred to finished goods $13,540 $ 9,828 15,750 19.625 21,100 30,000 Determine the ending balances in...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Ending Inventory Inventory 73,500 75,500 93,300 69,800 26,100 14,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit $ 40,000 Direct materials used-Cutting 22,500 Direct materials...
QualCo manufactures a single product in two departments. Cutting
the assembly. During May, the Cutting department completed a number
of units...
! Required Information The following information applies to the questions displayed below] QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department completed a number of units of a product and transferred them to Assembly of these transferred units, 39,000 were in process in the Cutting department at the beginning of May and...
QualCo manufactures a single product in two departments: Cutting
and Assembly. During May, the Cutting department completed a number
of units of a product and transferred them to Assembly. Of these
transferred units, 39,100 were in process in the Cutting department
at the beginning of May and 166,500 were started and completed in
May. May’s Cutting department beginning inventory units were 60%
complete with respect to materials and 40% complete with respect to
conversion. At the end of May, 52,900...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Ending Inventory Inventory 223,500 150,500 243, 300 116,300 56,100 44,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching $115,000...
#1 please do all parts
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Part 1 of 2 Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Ending Inventory Inventory $ 6,000 $ 9, 250 43,500 51,500 63,300 60,500 20,100 8,250 points The following additional information describes the company's production...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $ 51, 000 133, 500 153, 300 38,100 Ending Inventory $ 61,000 105,500 88, 400 26,250 The following additional information describes the company's production activities for May. Direct materials Raw materials...
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