Business, 06.05.2020 06:24 itzyoboyCj
Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to undetectable materials defects. Spoiled units generally constitute 5% of the good units. Data for December 2017 are as follows: WIP, beginning inventory 12/1/2017 22,300 units Direct materials (100% complete) Conversion costs (70% complete) Started during December 76,400 units Completed and transferred out 12/31/2017 72,900 units WIP, ending inventory 12/31/2017 19,000 units Direct materials (100% complete) Conversion costs (60% complete) Costs for December: WIP, beginning Inventory: Direct materials $156,000 Conversion costs 77,200 Direct materials added 224,400 Conversion costs added 299,000 What cost is allocated to abnormal spoilage using the weighted-average process-costing method?
A) $ 0
B) $28,150
C) $25,177
D) $77,200
Answers: 1
Business, 21.06.2019 19:50
Which of the following best explains why treasury bonds have an effect on the size of the money supply? a. the amount of treasury bonds in circulation affects both unemployment and inflation. b. the government can spend more money and charge lower taxes by using treasury bonds. c. the federal reserve bank can buy and sell these bonds to raise or lower bank deposits. d. the interest paid on treasury bonds influences the interest rates charged by private banks. 2b2t
Answers: 1
Business, 22.06.2019 05:30
From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?
Answers: 1
Business, 23.06.2019 11:00
If you wanted to gain workplace experience and learn more about a company, what opportunity would be most ? a. job shadowing b. an informational interview c. an internship d. online research
Answers: 2
Business, 23.06.2019 14:30
How does it the economy that banks offer incentives (like interest payments, deposit insurance, etc.) to get customers to deposit money with them?
Answers: 1
Outose Concept manufactures small tables in its Processing Department. Direct materials are added at...
Mathematics, 04.12.2020 20:00
Biology, 04.12.2020 20:00
Mathematics, 04.12.2020 20:00
Mathematics, 04.12.2020 20:00
Chemistry, 04.12.2020 20:00
History, 04.12.2020 20:00
Mathematics, 04.12.2020 20:00
Computers and Technology, 04.12.2020 20:00
Mathematics, 04.12.2020 20:00
English, 04.12.2020 20:00
Mathematics, 04.12.2020 20:00
History, 04.12.2020 20:00