Work in process inventory at the end of the period, Accounting Basics

+44 141 628 6080
[email protected]

Work in process inventory at the end of the period

The Marinade Department began the period with 125,000 units. During the period the department received another 180,000 units from the prior department and at the end of the period 117,000 units remained which were 13% complete. How much are equivalent units in The Marinade Department's work in process inventory at the end of the period?

a) 23,400

b) 15,210

c) 19,040

d) 16,250

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Work in process inventory at the end of the period

Reference No:- TGS047618

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Find out the amount of overhead

For the current year overhead is estimated at $2,250,000 and direct labor hours are budgeted at 415,000 hours. Actual overhead was $2,200,000 and actual overhead hours worked were 422,000. Determine the amount of overhead that is over/underapplied.

Q : Compute the predetermined overhead rate-direct labor dollars

Thibodeaux Limousine Corporation is trying to determine a predetermined manufacturing overhead. Estimated overhead for the upcoming year is $312,500. Budgeted machine hours are 97,000 hours, and budgeted labor hours are 18,000 hours at a rate of

Q : Make a schedule of cost of goods manufactured

The following information is available for Sappy's Surgical Shears for the fiscal year ending December 31, 20XX. Prepare a schedule of cost of goods manufactured.

Q : How much is cost of goods sold

Far Out Ceramics makes custom macaroni tile and applies job-order costing. The following information relates to the fiscal year ending December 31, 20XX. How much is cost of goods sold?

Q : Work in process inventory at the end of the period

During the period the department received another 180,000 units from the prior department and at the end of the period 117,000 units remained which were 13% complete. How much are equivalent units in The Marinade Department's work in process inve

Q : Weighted-average method of accounting-units and costs

Compute the equivalent units of production for the first department for April, assuming the company uses the weighted-average method of accounting for units and costs.

Q : What was the amount of outstanding checks

Fitzgerald Company wrote checks totaling $17,080 during October and $18,650 during November. $16,240 of these checks cleared the bank in October, and $18,220 cleared the bank in November. What was the amount of outstanding checks on November 30?

Q : Entries to record the investment

Trevino and B. Hogan combine their individual sole proprietorships to start the Trevino-Hogan partnership. L. Trevino and B. Hogan invest in the partnership as follows:The entries to record the investment will include a credit to:

Q : Problem based on standard mileage method

Jan receives no reimbursement from her employer. Jan has an AGI for the year of $50,000 and no other itemized deductions. If Jan uses the standard mileage method, she can deduct from AGI (after limitations).

1956569

Questions
Asked

3,689

Active Tutors

1425994

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Work in process inventory at the end of the period

Reference No:- TGS047618

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Find out the amount of overhead

Q : Compute the predetermined overhead rate-direct labor dollars

Q : Make a schedule of cost of goods manufactured

Q : How much is cost of goods sold

Q : Work in process inventory at the end of the period

Q : Weighted-average method of accounting-units and costs

Q : What was the amount of outstanding checks

Q : Entries to record the investment

Q : Problem based on standard mileage method

Provide reasons why working from a person centred

Discussion about gender stereotyping

How we perceive objects in the real world

Discuss children diagnosed with developmental disabilities

Problem concerning consensual sexual relationship

How do you define being an adult

Problem regarding the america youth and social media

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Work in process inventory at the end of the period

Reference No:- TGS047618

Recent Questions Asked Accounting Basics

Q : Find out the amount of overhead

Q : Compute the predetermined overhead rate-direct labor dollars

Q : Make a schedule of cost of goods manufactured

Q : How much is cost of goods sold

Q : Work in process inventory at the end of the period

Q : Weighted-average method of accounting-units and costs

Q : What was the amount of outstanding checks

Q : Entries to record the investment

Q : Problem based on standard mileage method

Asked Questions