subject
Business, 06.08.2019 23:30 greekfreekisdbz

In the month of april, the forming department had 500 units in beginning work in process inventory that were 60% complete. these units had $60,000 of materials cost and $45,000 of conversion cost. all materials are added at the beginning of the process and conversion costs are added uniformly throughout the process. during april, 10,000 units were completed and transferred to finished goods inventory, and there were 2,000 units that were 25% complete in ending work in process inventory on april 30. during april, manufacturing costs charged to the department were $1,380,000 of materials and $1,530,000 of conversion. what was the total cost of goods transferred to finished goods inventory?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
question
Business, 22.06.2019 19:10
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
Answers: 3
question
Business, 22.06.2019 20:30
This problem has been solved! see the answercompute and interpret altman's z-scoresfollowing is selected financial information for ebay, for its fiscal years 2005 and 2006.(in millions, except per share data) 2006 2005current assets $ 4,970.59 $ 3,183.24current liabilities 2,518.39 1,484.93total assets 13,494.01 11,788.99total liabilities 2,589.38 1,741.00shares outstanding 1,368.51 1,404.18retained earnings 4,538.35 2,819.64stock price per share 30.07 43.22sales 5,969.74 4,552.40earnings before interest and taxes 1,439.77 1,445.18compute and interpret altman z-scores for the company for both years. (do not round until your final answer; then round your answers to two decimal places.)2006 z-score = answer2005 z-score = answerwhich of the following best describes the company's likelihood to go bankrupt given the z-score in 2006 compared to 2007.the z-score in 2006 is half of the 2005 score. both z-scores are well above the score that represents a healthy company.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly increased the risk of bankruptcy.the z-score in 2006 is half of the 2005 score. the z-score has decreased sharply, which suggests the company is in financial distress.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly lowered the risk of bankruptcy.
Answers: 3
question
Business, 22.06.2019 23:50
Keisha took the vark inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. which study strategy would best match these preferences?
Answers: 1
You know the right answer?
In the month of april, the forming department had 500 units in beginning work in process inventory t...
Questions
question
Mathematics, 11.03.2021 09:10
question
Mathematics, 11.03.2021 09:10
question
Mathematics, 11.03.2021 09:10
Questions on the website: 13722362