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

Author Question: Verer Custom Carpentry manufactures chairs in its Processing Department. Direct materials are ... (Read 45 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
on: Mar 6, 2021
Verer Custom Carpentry manufactures chairs 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 4% of the good units. Data provided for March 2017 are as follows:

WIP, beginning inventory 3/1/201732,500 units
 Direct materials (100% complete)
 Conversion costs (90% complete)

Started during March70,500 units
Completed and transferred out80,100 units
WIP, ending inventory 3/31/201718,300 units
 Direct materials (100% complete)
 Conversion costs (70% complete)

Costs:
 WIP, beginning inventory:
Direct materials$71,000
Conversion costs40,000
Direct materials added105,700
Conversion costs added128,160

What are the normal and abnormal spoilage units, respectively, for March when using FIFO?
◦ 3204 units; 1396 units
◦ 1968 units; 1420 units
◦ 9749 units; 1540 units
◦ 530 units; 2032 units
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 Sufayan.ah on Mar 6, 2021

Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
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 36% of students answer this correctly


Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

When working with the patient with impaired hearing, the interpreter needs to direct questions to th When working with the patient with impaired hearing, the interpreter needs to direct questions to th
Mechanism of Action of Direct-Acting Antispasmodics Mechanism of Action of Direct-Acting Antispasmodics
A direct injection diesel engine injects the fuel directly into the combustion chamber. Many ... A direct injection diesel engine injects the fuel directly into the combustion chamber. Many ...
A gasoline direct-injection (GDI) fuel rail and pump assembly with the electric pressure control ... A gasoline direct-injection (GDI) fuel rail and pump assembly with the electric pressure control ...
The Hazardous Materials Identification System is used to label containers that hold hazardous ... The Hazardous Materials Identification System is used to label containers that hold hazardous ...
Sensory and Motor Processing Sensory and Motor Processing
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library