subject
Business, 04.03.2020 02:32 neirabrandon516

Evans Products uses a process costing system with two processing departments: the Mixing Department and the Finishing Department. In June, unit costs incurred by the Mixing Department amounted to $4.00 per unit. Unit costs transferred to the finished goods warehouse during the month amounted to $22. Work-in-process inventories are reduced to zero each month. The transfer of 35,000 units to the Finishing Department in June required:

a. A debit to Finished Goods Inventory of $770,000.
b. A credit to Work-in-Process Inventory, Mixing Department of $770,000.
c. A credit to Work-in-Process Inventory, Finishing Department of $140,000.
d. A debit to Work-in-Process Inventory, Finishing Department of $140,000.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
If delta airlines were to significantly change its fare structure and flight schedule to enhance its competitive position in response to aggressive price cutting by southwest airlines, this would be an example ofanswers: explicit collusion.tacit collusion.competitive dynamics.a harvest strategy.
Answers: 3
question
Business, 22.06.2019 11:00
Acoase solution to a problem of externality ensures that a socially efficient outcome is to
Answers: 2
question
Business, 22.06.2019 17:00
Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?
Answers: 2
question
Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
You know the right answer?
Evans Products uses a process costing system with two processing departments: the Mixing Department...
Questions
question
Health, 15.08.2021 21:40
question
Physics, 15.08.2021 21:40
question
Social Studies, 15.08.2021 21:40
Questions on the website: 13722360