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

Author Question: Emerging Dock Company manufactures boat docks on an assembly line. Its standard costing system uses ... (Read 16 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Mar 6, 2021
Emerging Dock Company manufactures boat docks on an assembly line. Its standard costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Finishing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production.

Data for the Assembly Department for May 2017 are:
Work in process, beginning inventory:88 units
 Direct materials (100% complete)
 Conversion costs (30% complete)

Units started during May40 units
Work in process, ending inventory:26 units
 Direct materials (100% complete)
 Conversion costs (55% complete)

Costs for May:
 Standard costs for Assembly:
Direct materials$10,000 per unit
Conversion costs$36,000 per unit

 Work in process, beginning inventory:
Direct materials$28,300
Conversion costs$520,500

What is the balance in ending work-in-process inventory?
◦ $514,855
◦ $774,800
◦ $288,490
◦ $175,960
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fox on Mar 6, 2021

macmac

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Mar 6, 2021
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 42% of students answer this correctly


fox

  • Member
  • Posts: 540
Reply 2 on: Mar 6, 2021
:D TYSM

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

The effects of germ-line versus somatic cell mutations. The effects of germ-line versus somatic cell mutations.
Primary glands of the endocrine system. Primary glands of the endocrine system.
The female reproductive system. (a) Sagittal section through the pelvis. (b) Top view of pelvic orga The female reproductive system. (a) Sagittal section through the pelvis. (b) Top view of pelvic orga
Respiratory system Respiratory system
Cumulative Standard Normal Distribution Cumulative Standard Normal Distribution
How to find the midpoint of a line segment How to find the midpoint of a line segment
Video: Oxygen transport: association and dissociation & Factors that affect hemoglobin's saturation with O2

For a complete list of videos, visit our video library