during september, 40,000 units were produced

MGT5 Flashcards During the month, 42,000 units were started and 40,000 units were completed and transferred out of the department. Flashcards - 10 for upload.txt - FreezingBlue In accordance with the standard two units of Material D and one unit of Material E should be used to make each unit of Product F. In January, 7,000 units of Product F were made and 15,050 units of Material D were used and 7,175 units of Material E were used. $5 C. $3 D. $6 E. $4 SUPPORTING CALCULATION: 60% ($2 + $3) = $3 61 f62 Chapter 6 5. Machine maintenance costs were $78,000 in May and $30,000 in November. When added materials in subsequent departments result in an . 600 d. 2,000. If there was a favorable usage variance of $25,000 for September, the actual quantity of materials used must have been. S192,000 S208,000 S226,667 S211,111 None of the above" In the month of June, department X had 10,000 units in beginning work in process that were 70% complete. Warhammer 40,000: Space Marine 2. The direct labor cost incurred during September was $111,850 and 13,450 direct labor-hours were . Exercise-6: Joint cost allocation - Accounting For Management Use this information to determine for 2018 the dollar amount of dividends that will be distributed per Common Share. a. We review their content and use your feedback to keep the quality high. During September, 3,350 units were made, which was 150 units less than budgeted. Variable overhead costs totaled $231,000 for the year. On September 1, the company had 300 units on hand (40 percent complete as to both material and conversion costs). The annual master budget includes indirect labor of P144,000 annually. A product's standard cost card specifies that a unit of the product requires 4 direct labor-hours. ACCT 2 Homework Problems (Quiz) - Accounting Assignments Help The production department in a process manufacturing system completed 80,000 units of product and transferred them to finished goods during a recent period. RETL 262 Chapter 22 Quiz - Studying Made Easy The company had 40,000 equivalent units of production for conversion costs. During the month, 3,300 boxes were started. 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. Safin Corporation's master budget calls for the production of 5,000 units of product monthly. Safin considers indirect labor to be a variable cost. If there was a favorable quantity (usage) variance of $25,000 for September, what was . 0.90 per hour. Units started into production 80,000 pounds. The standard quantity of material allowed per unit was 5 kg at a standard cost of $2.50 per kilogram. During April, 320,000 units were started in Department X. a.95,000. . A production budget this schedule shows the number of units to be produced for an upcoming period, as a function of: the units of finished goods on hand at the beginning of the period, the estimated sales (in units) for the period, the desired (or targeted) finished goods inventory, and shows the number of units to be produced. The standard quantity of material allowed per unit was 5 kg at a standard cost of $2.50 per kilogram.

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