during september, 40,000 units were produced

A. C. $2.00. Rate at which total factory overhead is applied 2. Calculate the cost of each unit using absorption costing. 105,000 pounds c. 95,000 pounds. 190,000 pounds. Southwest Land Border Encounters. 105,000 pounds. . Other information for the year includes: Direct materials $30.00 per unit Direct manufacturing labor $ 2.00 per unit Variable manufacturing costs $ 3.00 per unit Sales commissions $ 5.00 per part 95,000 b. During September 2018, 10000 units were produced and sold. Fixed overhead per unit 1.20 Total fixed factory overhead is $280,000 per month. Long Company transferred 5,500 units to Finished Goods Inventory during September. D. the amount of material or conversion cost necessary to start a unit of production into work in process. The standard quantity of material allowed per unit was 5 pounds at a standard cost of $2.50 per pound. $0.40. During the month, 21,120 yards of material were purchased at a cost of $70,752, all of which were used during the month. They used standard costing system and there were no variances through Oct 31. Purchases amounted to 100,000and opening inventory was 34,000. 52. b. 2. As part of Adolf Hitler's "final solution" for ridding Europe of Jews, the Nazis established ghettos in areas under German control to confine Jews until they . 190,000 pounds. Extra questions for Chapter 3 Cost assignment 3.1 Intermediate: Job cost calculation A printing and publishing company has been asked to provide an estimate for the production of 100 000 catalogues, of 64 pages (32 sheets of paper) each, for a potential customer. Total manufacturing costs incurred do not include: a) Direct materials used b) Factory supplies used c) Direct materials purchased d) Indirect labor used $2.50. Suppose the company had a favourable usage variance of $25,000 for September. For this process, materials are added at the beginning of the process, and the units are 35% . However, due to the massive number of character classes and unique setting, Darkest Dungeon stands out as one of the best turn-based strategy games of all time. Ranger Pressure Cleaners has total monthly costs of $5,800 when 3,200 units are produced and $6,425 when 3,700 units are produced. At the end of June, there were 5,000 units in ending work in process that were 40% comp lete. 95,000 pounds. If there was a favorable usage variance of $25,000 for September, the actual quantity of materials used must have been A. The debit balance in cost of goods sold account for September 2018 was (A) Rs.14,00,000 (B) Rs.14,80,000 (C) Rs.15,90,000 20. Production in units Manufacturing supplies March 450,000 P723,060 April 540,000 853,560 May 480,000 1. Purchases amounted to 100,000and opening inventory was 34,000. The standard quantity of material allowed per unit was 5 pounds at a standard cost of $2.50 per pound. For material B, the actual inventory units at September 1 were 22,000 units and budgeted inventory units at September 30 are 24,000. How many units remain in ending inventory? The standard quantity of : 1362485 51.During September, 40,000 units were produced. . 328,000 302,000 298,000 272,000 250,000 5. 60. Required: 1. 150 which includes materials of Rs. . Fixed overhead per unit 1.20 Total fixed factory overhead is $280,000 per month. Labor rate variance The labor rate variance occurs when the average rate of pay is higher or lower than the standard cost to produce a product or complete a process.The labor rate variance is similar to the materials price variance. control account. b. quality. Overhead applied is based on widgets produced. During September 2018, Rs. . Standard variable overhead per unit is $1.25 and standard fixed overhead per unit is $1.75. These were 100% complete as to materials and 25% complete as to conversion cost 1200 units were added to production during September, and these had materials costs of P168,000. The. What would have been the actual quantity of materials used? Required: 1. There are going to be three factions at release and possibly more in a future update as Black Lab Games are planning a lot of post-launch content, including new units. But the bad news is that they got a little carried away. In the month of June, department X had 10,000 units in beginning work in process that were 70% complete. Answer of During September, Khan had sales of 148,000, which made a gross profit of 40,000. D. 95,000 pounds. If there was a favorable usage variance of $25,000 for September, the actual quantity of materials used must have been a. 190.000 pounds O 105.000 pounds O 95.000 pounds O 210,000 pounds ; Question: During September, 40,000 units of a product were produced. The controller of Jema Company has requested a quick estimate of the manufacturing supplies that it needs for the month of July when the expected production are 470,000 units. September 16, 2014 at 6:08 pm . The unit standard cost is a. the product of the standard price times the standard quantity for each unit b. the price standard for each unit c. the actual cost for a standard product d. the amount of actual cost to produce a unit in a standardized process a In setting price standards, the purchasing manager must consider a. freight. Units produced: 40,000 units; Units sold: 35,000 units; Selling price: $120 per unit; . There are no selling and administrative expense. Materials price variance 3. Budgeted factory overhead was $640,000. Gloria's Decorating produces and sells a mantel clock for $80 per unit. Calculate the cost of each unit using absorption costing. On September 1, the company had 300 units on hand (40 percent complete as to both material and conversion costs). During September, 40,000 units were produced. 60. Suppose the company had a favourable usage variance of $25,000 for September. The standard quantity of materials allowed per unit was 5 pounds at a standard price . An additional 53,000 units were started into production during the month and 45,000 units were completed in the Welding Department and transferred to the next processing department. Answer of During September, Khan had sales of 148,000, which made a gross profit of 40,000. HOWEVER. . Finished goods 79,000 40,000 Raw materials used in manufacturing during the year were $118,000. If the high-low method is used, how much is the variable cost per unit? Warhammer 40,000: Battlesector was last month's addition to the pile of 40K games, a thoroughly decent turn-based tactics game about space marines of the Blood Angels chapter . Unaccompanied Children (UC) For a breakdown of encounters by USBP Sector and OFO Field Office, visit Southwest Land Border Encounters (By Component). The following information relates to September production: Number of units Percent complete with respect to conversion costs Work in process, September 1 20,000 . The standard quantity of material allowed per unit was 5 pounds at a standard cost of $2.50 per pound. 9,90,000 of conversion costs were incurred. B. On September 1, the company had 300 units on hand (40 percent complete as to both material and conversion costs). The following information relates to September production: Number of units Percent complete with respect to conversion costs Work in process, September 1 20,000 . The standard quantity of material allowed per unit was 5 pounds at a standard cost of $2.50 per pound. Fixed overhead Standard Per unit 9.00 Actual Per unit 9.10 Total costs for May were as follows: Units Unit Cost Total Cost Total variance (288) There was no inventory of materials on hand at the beginning of May. The standard cost per unit is Rs. During September, 40,000 units were produced. Four operations are involved in the production process: photography, set-up . During September 2018, 10000 units were produced and sold. How many units of material B is Reid planning to purchase during September? The standard quantity of material allowed per unit was 5 kg at a standard cost of $2.50 per kilogram. C. 105,000 pounds. In 2011, 50,000 clocks were produced and 40,000 were sold. Total materials variance a 4. The equation for a linear line is Y-mX+b, whe. . If 330 units were produced this month, what total . Warsaw Ghetto Uprising, resistance by Polish Jews under Nazi occupation in 1943 to the deportations from Warsaw to the Treblinka extermination camp. The Fortification Pack is an expansion for Warhammer 40.000 Gladius - Relics of War, bringing one new defensive unit to ea In 2011, 50,000 clocks were produced and 40,000 were sold. During the month, 21,120 yards of material were purchased at a cost of $70,752, all of which were used during the month. This system is commonly used by companies that manufactures on a continuous basis only one product or standard products. Gloria's Decorating produces and sells a mantel clock for $80 per unit. If there was a favorable usage variance of $25,000 for September, the actual quantity of materials used must have been 190,000 pounds 105,000 a.95,000 b.105,000 c.190,000 d.210,000 2. 100000 units were manufactured and old during the period. Fixed overhead Standard Per unit 9.00 Actual Per unit 9.10 Total costs for May were as follows: Units Unit Cost Total Cost Total variance (288) There was no inventory of materials on hand at the beginning of May. Answer (1 of 3): Well, I'm going to agree with Richard that your terms don't work. . Long Company transferred 5,500 units to Finished Goods Inventory during September. During June, 40,000 units were completed and transferred into production from another department. D. $4.00. 210,000 pounds. Below are the actual data from the prior three months of operations. To compute the labor rate variance, we use the actual direct labor-hour rate paid (AR), the standard direct labor-hour rate allowed (SR) and the actual hours of . During October, 38,400 units were sold at a price of $24, and fixed marketing and administrative expenses were $130,500. Question 47 During September, 40,000 units were produced. Division A of Harkin Company has the capacity for making 3,000 motors per month and regularly sells 1,950 motors each month to outside customers at a contribution margin of $62 per motor. During the month, 11,000 units were started; 8,000 units were finished; ending inventory amounted to 8,000 units that were 60% complete with respect to materials. During October, 38,400 units were sold at a price of $24, and fixed marketing and administrative expenses were $130,500. Materials = 40,000 + 240,000 = 280,000. If there was a favorable quantity (usage) variance of $25,000 for September, what was the actual quantity of materials used? During September 2018, Rs. 9,90,000 of conversion costs were incurred. 210,000 pounds. During September, 40,000 units were produced. The. B. Mun Corp-Ordinance - Cases Preview text Chapter 14 Process Costing Process costing is a method of cost accumulation that accumulated production costs by department. From the information given, it seems you have a variable cost based upon total units produced, and again, FROM THE INFORMATION GIVEN, it appears to be linear. control account. The debit balance in cost of goods sold account for September 2018 was (A) Rs.14,00,000 (B) Rs.14,80,000 (C) Rs.15,90,000 Instructions Calculate the following amounts. d. 190,000 pounds Video game develop Using the weighted average . If there was a favorable usage variance of $25,000 for September, the actual quantity of materials used must have been 210,000 pounds. , Started in April 40,000 18, Units completed 42, Ending work-in-process 12, All materials are added at the beginning of the process. Division B of Harkin Company would like to obtain 1,400 motors each month from Division A. An additional 53,000 units were started into production during the month and 45,000 units were completed in the Welding Department and transferred to the next processing department. 150 which includes materials of Rs. What would have been the actual quantity of materials used? Conversion = (280,000 . During September, 40,000 units were produced. The revolt began on April 19, 1943, and was crushed four weeks later, on May 16. The standard quantity of material allowed per unit was 5 kg at a standard cost of $2.50 per kilogram. Production of one unit of product R requires three units of material B. Other information for the year includes: Direct materials $30.00 per unit Direct manufacturing labor $ 2.00 per unit Variable manufacturing costs $ 3.00 per unit Sales commissions $ 5.00 per part Raw materials purchases during the year were: a) $107,000 b) $115,000 c) $118,000 d) $121,000 6. Demographics for U.S. Border Patrol (USBP) and Office of Field Operations (OFO) include: Accompanied Minors (AM) Individuals in a Family Unit (FMUA) Single Adults. a. . During March, 4,000 units were produced and sold for $8 each. The company estimated that 10,000 widgets would be produced; however, only 9,600 were produced. If 330 units were produced this month, what total . The variable cost per motor is $35.70. The standard cost per unit is Rs. Using the weighted-average method, compute the equivalent units of production if the beginning inventory consisted of 20,000 units; 55,000 units were started in production; and 57,000 units were completed and transferred to finished goods inventory. 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