subject
Business, 19.02.2020 17:47 tannercarr7428

Rafael Company produces pipes for concert- quality organs. Each job is unique. In April 2013, it completed all outstanding orders, and then, in May 2013, it worked on only two jobs, M1 and M2:

RAFAEL COMPANY, May 2013

Job M1

Job M2

Direct materials

$ 78,000

$ 51,000

Direct manufacturing labor

273,000

208,000

Direct manufacturing labor is paid at the rate of $26 per hour. Manufacturing overhead costs are allocated at a budgeted rate of $ 20 per direct manufacturing labor- hour. Only Job M1 was completed in May.

REQUIREMENTS:

1. Calculate the total cost for Job M1.

2. 1,100 pipes were produced for Job M1. Calculate the cost per pipe.

3. Prepare the journal entry transferring Job M1 to finished goods.

4. What is the ending balance in the Work-in-Process Control account?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 18:30
Afarmer is an example of what kind of producer?
Answers: 2
question
Business, 22.06.2019 22:50
Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.
Answers: 2
question
Business, 23.06.2019 00:40
Skathy lee berggren, a professor of oral communication at cornell university, indicates “a lot of my students re­ally [only] scratch the surface with the type of research they’re doing.” according to andy guess, at inside higher ed, “just because students walk in the door as ‘digital natives’, doesn’t mean they’re equipped to handle the heavy lifting of digital databases and proprietary search engines that comprise the bulk of modern, online re­search techniques.” students erroneously think a google search is research. as you read through the reasons that should stimulate your interest in studying research methods or evaluate the nine factors that guarantee good research, what actions do you propose to narrow the gap between students’ research competence and what’s required of a modern college graduate about to become a manage
Answers: 1
question
Business, 23.06.2019 10:50
What are examples of career fields skillsusa prepares students for? check all that apply. health science education agriculture construction manufacturing transportation information technology public safety multiple choice: health science education agriculture construction manufacturing transportation information technology public safety
Answers: 1
You know the right answer?
Rafael Company produces pipes for concert- quality organs. Each job is unique. In April 2013, it com...
Questions
question
Mathematics, 30.09.2019 04:20
question
English, 30.09.2019 04:20
question
Biology, 30.09.2019 04:20
Questions on the website: 13722363