What is the total conversion cost
In the manufacture of 9,799 units of a product, direct materials cost incurred was $148,076, direct labor cost incurred was $89,102, and applied factory overhead was $56,966. What is the total conversion cost?
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Manufacturing overhead was estimated to be $489,600 for the year along with 20,400 direct labor hours. Actual manufacturing overhead was $470,220, actual labor hours were 21,800. The amount of manufacturing overhead applied to production would be?
What is the proper adjusting entry at June 30, the end of the fiscal year, based on a prepaid insurance account balance before adjustment, $15,500, and unexpired amounts per analysis of policies of $6000?
Half of the bags had been damaged in shipment and delivery was refused. If Pet Foods Plus pays the remaining amount of the invoice within the discount period, the amount paid should be?
Bradster Co. acquired 20% of the outstanding common stock of Curly Co. on January 1, 2011, by paying $800,000 for the 40,000 shares. Curly declared and paid $.80 per share cash dividends on June 15, and December 15, 2011. Curly reported net income
Cutters sells razors at $75 each. The razors have a 90 day warranty that requires the company to replace any nonworking razor. The Companys cost per razor is $20.
Department A had 4,251 units in work in process that were 74% completed as to labor and overhead at the beginning of the period.
In January Brodie Co. purchased a new machine costing $324,000 with a five year life and a salvage value of $30,000. Complete the following table for each of the depreciation types (Straight line and Double declining balance)
Struggling in my accounting class & professor will not respond to my e-mails or several of my classmates =/. Taking business courses for the first time & still having trouble with this question from an old exam - professor did not provide
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