Business, 18.03.2021 01:10 bgallman153p71edg
Match each phrase that follows with the term (a–h) it describes.
a. Direct labor and factory overhead
b. Direct labor and direct materials
c. Transferred-in costs
d. Equivalent units
e. Process costing
f. Job order costing
g. First-in, first-out method
h. Cost of production report
1. A process costing method that costs each period’s equivalent units of work with that period’s costs per equivalent unit
2. Measure of the work done during a production period, expressed in terms of fully complete units of output
3. Conversion costs
4. Summary of the activity in a processing department for a specific period
5. Costing system used by a company producing computer chips
6. Prime costs
7. Costs incurred in a previous process that are carried forward as part of the product’s cost when it moves to the next department
8. Costing system used by a company producing custom window treatments
Answers: 1
Business, 21.06.2019 20:30
Max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay semimonthly for it?
Answers: 1
Business, 22.06.2019 19:00
The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 3
Business, 22.06.2019 21:20
Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:
Answers: 2
Business, 22.06.2019 21:30
Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is:
Answers: 1
Match each phrase that follows with the term (a–h) it describes.
a. Direct labor and factory overhe...
Mathematics, 07.04.2020 01:28
Biology, 07.04.2020 01:28
Mathematics, 07.04.2020 01:28
Mathematics, 07.04.2020 01:28
History, 07.04.2020 01:28
History, 07.04.2020 01:28
Mathematics, 07.04.2020 01:29
Spanish, 07.04.2020 01:29
Mathematics, 07.04.2020 01:29
Social Studies, 07.04.2020 01:29
Mathematics, 07.04.2020 01:29