This topic contains a solution. Click here to go to the answer

Author Question: Samantha's Office Supplies manufactures desk organizers in its Processing Department. Direct ... (Read 68 times)

khang

  • Hero Member
  • *****
  • Posts: 569
Samantha's Office Supplies manufactures desk organizers in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection takes place as units are placed into production. After inspection, some units are spoiled due to undetectable material defects. Spoiled units generally constitute 3% of the good units. Data provided for February 2017 are as follows:

WIP, beginning inventory 2/1/201751,600 units
 Direct materials (100% complete)
 Conversion costs (60% complete)

Started during February170,100 units
Completed and transferred out180,800 units
WIP, ending inventory 2/28/201726,800 units
 Direct materials (100% complete)
 Conversion costs (30% complete)

Costs:
 WIP, beginning inventory:
Direct materials$281,000
Conversion costs80,300
Direct materials added408,800
Conversion costs added264,100

What are the normal and abnormal spoilage units, respectively, for February when using FIFO?
◦ 3531 units; 3132 units
◦ 5103 units; 4014 units
◦ 5424 units; 8676 units
◦ 5424 units; 14,100 units


Related Topics

Need homework help now?

Ask unlimited questions for free

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

choc0chan

  • Sr. Member
  • ****
  • Posts: 362
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 50% of students answer this correctly




khang

  • Member
  • Posts: 569
Reply 2 on: Mar 6, 2021
Wow, this really help


connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library