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

Author Question: Samantha's Office Supplies manufactures desk organizers in its Processing Department. Direct ... (Read 89 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Mar 6, 2021
Samantha's Office Supplies manufactures desk organizers 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 3% of the good units. Data provided for February 2017 are as follows:

WIP, beginning inventory 2/1/201751,700 units
 Direct materials (100% complete)
 Conversion costs (60% complete)

Started during February170,300 units
Completed and transferred out180,800 units
WIP, ending inventory 2/28/201726,000 units
 Direct materials (100% complete)
 Conversion costs (25% complete)

Costs:
 WIP, beginning inventory:
Direct materials$280,000
Conversion costs80,000
Direct materials added408,300
Conversion costs added264,100
What costs would be associated with normal and abnormal spoilage, respectively, using the FIFO method of process costing? (Round any cost per unit calculations to the nearest cent.)
◦ $20,882; $37,638
◦ $13,004; $37,638
◦ $14,200; $13,004
◦ $25,025; $7879
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 joblessjake on Mar 6, 2021

momolu

  • Sr. Member
  • ****
  • Posts: 320
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 50% of students answer this correctly


joblessjake

  • Member
  • Posts: 555
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Alternative splicing as a regulatory method for RNA processing Alternative splicing as a regulatory method for RNA processing
Processing of an mRNA molecule after transcription. Processing of an mRNA molecule after transcription.
Medical assistant extern clarifying externship issues with the office manager. Medical assistant extern clarifying externship issues with the office manager.
Applications and Processing of Ceramics - Glass Forming Applications and Processing of Ceramics - Glass Forming
Schematic pathway of oligosaccharide processing on newly synthesized glycoproteins Schematic pathway of oligosaccharide processing on newly synthesized glycoproteins
The diagonal of the floor of a rectangular office cubicle is 2 ft longer than the ... The diagonal of the floor of a rectangular office cubicle is 2 ft longer than the ...
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library