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

Author Question: The Peric Manufacturing Shop produces motorcycle parts. Typically, 22 pieces out of a job lot of ... (Read 53 times)

joe

  • Hero Member
  • *****
  • Posts: 627
The Peric Manufacturing Shop produces motorcycle parts. Typically, 22 pieces out of a job lot of 1800 parts are spoiled. Spoilage is considered a normal part of Peric's production process. Costs are assigned at the inspection point, $52.00 per unit. Spoiled pieces may be disposed at $16.00 per unit. The spoiled goods must be inventoried appropriately when the normal spoilage is detected. The current job requires the production of 3600 good parts. 

Which of the following journal entries properly reflects the recording of spoiled goods?
Work-in-Process Control400
Manufacturing Overhead Control900
Materials Control1300

Materials Control704
Manufacturing Overhead Control1584
Work-in-Process Control2288

Work-in-Process Control2288
Materials Control704
Manufacturing Overhead Control1584

Manufacturing Overhead Control900
Materials Control400
Work-in-Process Control1300


Related Topics

Need homework help now?

Ask unlimited questions for free

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

vboyd24

  • Sr. Member
  • ****
  • Posts: 341
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 29% of students answer this correctly




joe

  • Member
  • Posts: 627
Reply 2 on: Mar 6, 2021
Excellent


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library