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 64 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
Excellent

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Major features of the Solar System (not to scale) Major features of the Solar System (not to scale)
Procedures and Diagnostic Tests Related to the Integumentary System Procedures and Diagnostic Tests Related to the Integumentary System
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
Some Ford metal line connections use springlocks and O-rings. Some Ford metal line connections use springlocks and O-rings.
Four methods of recording electrical activity of the nervous system. Four methods of recording electrical activity of the nervous system.
Some Standard Shapes of Greek Vessels Some Standard Shapes of Greek Vessels
Video: Ciliate conjugation Animation

For a complete list of videos, visit our video library