This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Use the information below to answer the following questions:Units:Beginning WIP52,000 80% for ... (Read 17 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: Jan 5, 2020
Use the information below to answer the following questions:

Units:
Beginning WIP52,000
80% for materials
30% for conversion
Transferred-in200,000
Completed228,000
Ending WIP
50% for materials
10% for conversion24,000
Costs:
Beginning WIP
Direct materials$     68,000
Conversion146,200
Transferred-in94,000
      Total Beginning WIP$   308,200
Transferred-in from department 1$1,600,000
Direct materials added$   907,250
Conversion added $   542,000


If the Singleton Company uses the weighted-average method, then the what is the closest amount that would be in WIP ending inventory?
◦ $55,931
◦ $217,265
◦ $330,546
◦ $308,200
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jessicacav on Jan 5, 2020

Joy Chen

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


jessicacav

  • Member
  • Posts: 558
Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Nursing assessment questions Nursing assessment questions
Comparing Traditional and Industrialized (and Information) Societies Comparing Traditional and Industrialized (and Information) Societies
Tips to ace open-ended questions on your exams Tips to ace open-ended questions on your exams
Answer Answer
Answer to trig solving Answer to trig solving
Biology Fun Questions Biology Fun Questions
Video: Status Epilepticus

For a complete list of videos, visit our video library