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

Author Question: Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started ... (Read 138 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Mar 6, 2021
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,200 models. During the month, the company completed 11,200 models, and transferred them to the Distribution Department. The company ended the month with 2500 models in ending inventory. There were 3500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed. Beginning work in process was 30% complete as to conversion costs, while ending work in process was 55% complete as to conversion costs.

Beginning inventory:
Direct materials costs$20,200
Conversion costs$11,700
Manufacturing costs added during the accounting period:
Direct materials costs$70,600
Conversion costs$240,600
What is the cost assigned to ending inventory during October?  (Round intermediary calculations to the nearest cent.)
◦ $46,010
◦ $53,705
◦ $58,971
◦ $40,918
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 joesmith1212 on Mar 6, 2021

parker125

  • Sr. Member
  • ****
  • Posts: 332
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 30% of students answer this correctly


joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Mar 6, 2021
:D TYSM

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Chest X-ray. A physician is examining chest X-rays with the aid of a plastic model of the bronchial Chest X-ray. A physician is examining chest X-rays with the aid of a plastic model of the bronchial
To make an ice pack, place crushed ice in a plastic bag, bleed the air out of it, and seal it. Wrap To make an ice pack, place crushed ice in a plastic bag, bleed the air out of it, and seal it. Wrap
A typical beginning technician tool set that includes the basic tools to get started. A typical beginning technician tool set that includes the basic tools to get started.
Chrysler also recommends that a clear plastic hose (1/4" ID) be attached to the bleeder valve ... Chrysler also recommends that a clear plastic hose (1/4" ID) be attached to the bleeder valve ...
Many plastic intake manifolds are constructed using many parts glued together to form complex ... Many plastic intake manifolds are constructed using many parts glued together to form complex ...
Plastic Container Expiry Date Plastic Container Expiry Date
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library