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

Author Question: Addison Company uses a job costing system. Addison Company's schedule of cost of goods manufactured ... (Read 164 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jan 4, 2020
Addison Company uses a job costing system. Addison Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 31.

Cost of goods manufactured$101,000
Cost of direct materials used38,000
Cost of direct labour ($25 per hour)80,000
Work in process inventory, August 112,000

Manufacturing overhead cost is allocated at the rate of $10 per direct labour hour. Actual manufacturing overhead costs for August amount to $42,000.


What is the amount of work in process inventory (after any adjustment for overallocated or underallocated manufacturing overhead) on August 31 at Addison Company?
◦ $61,000
◦ $113,000
◦ $160,000
◦ $30,000
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CharlieWard on Jan 4, 2020

Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jan 4, 2020
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 25% of students answer this correctly


CharlieWard

  • Member
  • Posts: 578
Reply 2 on: Jan 4, 2020
Excellent

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

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?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Digestive System Digestive System
Current Positions of Known Dwarf Planets and SSSBs in the Outer Solar System Current Positions of Known Dwarf Planets and SSSBs in the Outer Solar System
Receptors in the autonomic nervous system: (a) sympathetic division; (b) parasympathetic division Receptors in the autonomic nervous system: (a) sympathetic division; (b) parasympathetic division
Nine labels used to identify hazardous materials in the Global Harmonization System (GHS). Top row: ... Nine labels used to identify hazardous materials in the Global Harmonization System (GHS). Top row: ...
The Autonomic Nervous System The Autonomic Nervous System
Male Reproductive System - Spermatic cord Male Reproductive System - Spermatic cord
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library