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CH 16 The price of incomes paid to employees directly affiliated in the manufacturing procedure in convert materials right into finished product is share as:
CH 16 price of products Used $40,000Direct Labor costs $55,000Factory Overhead $32,000Work in Process, beg. $28,000Work in Process, end. $18,000What is cost of items Manufactured?
CH 17 Selected accounts v some debits and credits omitted room presented together follows:Work in ProcessApr. 1 Balance 7,000 Apr. 30 goods finished X30 straight materials 78,400 30 direct labor 195,000 30 factory overhead 136,500 finished GoodsApr. 1 Balance 42,000 30 items finished 387,000 What was the balance of work in procedure as that April 30?
CH 17 If the lot of factory overhead price incurred exceeds the quantity applied, the factory overhead account will have actually a:
CH 17 once job 711 to be completed, direct materials totaled $4,000; straight labor, $4,600; and factory overhead, $2,400, respectively. Units developed totaled 1,000. Unit expenses are:
CH 17 during the period, labor prices incurred top top account amounted to $225,000 consisting of $195,000 for manufacturing orders and $30,000 because that general factory use. In addition, manufacturing facility overhead fee to manufacturing was $17,000. From the following, pick the entry to record the direct labor costs.
CH 17 choose the appropriate journal entry to document the motion of 1,250 devices of part number 116B to work-related in process when each unit of PN 116B has actually a worth of $1.50.
CH 17 The following spending plan data are obtainable for Newest Company: Estimated straight labor hrs 9,000Estimated direct labor dissension $60,000Estimated factory overhead prices $154,000 If factory overhead is come be applied based on straight labor dollars, the predetermined overhead price is
CH 17 The Thomlin agency forecasts that full overhead because that the current year will certainly be $15,000,000 and also that total machine hours will certainly be 200,000 hours. Year to date, the really overhead is $15,500,000 and also the actual device hours are 220,000 hours. If the Thomlin agency uses a predetermined overhead rate based on machine hours for applying overhead, what is the overhead rate?
CH 18 In a procedure cost system, the expense of completed production in room A is moved to room B whereby of the following entries?
CH 18 i beg your pardon of the following prices incurred by a document manufacturer would certainly be included in the group of expenses referred to as conversion costs?
CH 18 In the to produce of 10,000 systems of a product, straight materials expense incurred was $143,700, straight labor price incurred was $85,000, and also applied manufacturing facility overhead to be $43,500. What is the full conversion cost?
CH 18 department G had 3,600 units, one-third perfect at the start of the period, 12,000 devices were completed during the period, 2,000 units were one-fifth perfect at the finish of the period, and the following manufacturing expenses were debited come the departmental work in procedure account during the period:Work in process, beginning of duration $30,000Costs added during period:Direct products (10,400 at $8) 83,200Direct labor 62,000Factory overhead 24,800Assuming that all straight materials are inserted in process at the beginning of production and also that the first-in, first-out method of perform costing is used, what is the total cost that the units "started and completed" during the period?
CH 18 room E had 4,000 units in occupational in procedure that were 40% perfect at the start of the duration at a cost of $12,500. 14,000 systems of direct materials were added during the period at a cost of $28,700. 15,000 units were completed throughout the period, and also 3,000 systems were 75% completed at the end of the period. All products are included at the beginning of the process. Straight labor was $32,450 and factory overhead was $18,710. The variety of equivalent systems of production for the duration for counter if the first-in, first-out technique is supplied to cost inventories was:
CH 18 department A had 4,000 systems in work-related in process that were 75% completed regarding labor and also overhead in ~ the start of the period, 30,000 units of straight materials were included during the period, 32,000 devices were completed during the period, and 2,000 devices were 40% completed as to labor and also overhead at the end of the period. All products are added at the start of the process. The first-in, first-out method is supplied to cost inventories.The variety of equivalent devices of production for material costs for the duration was:
CH 18 Lombardi agency manufactures a single product by a continuous process, involving three manufacturing departments. The records indicate that straight materials, straight labor, and applied manufacturing facility overhead because that Department 1 were $100,000, $125,000, and also $150,000, respectively. The records additional indicate that direct materials, straight labor, and also applied factory overhead for Department 2 were $50,000, $60,000, and $70,000, respectively. In addition, work-related in procedure at the beginning of the period for room 1 totaled $75,000, and work in procedure at the end of the period totaled $60,000.The newspaper entry to document the flow of costs from room 1 right into Department 2 during the duration is:
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