Entries by Munene david

On the schedule of cost of goods manufactured which is true?

May 4, 2020 in /by

On the schedule of cost of goods manufactured which is true? :<br/><br/><br/>beginning work-in-process plus direct materials used equals manufacturing costs work-in-process will necessarily increase if total manufacturing costs increase cost of goods manufactured equals value of goods transferred to finished goods factory overhead plus beginning work-in-process equals manufacturing costs none of these   Looking for […]

 

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Which costing method seems ideally suited to the production of homogenous products

May 4, 2020 in /by

Which costing method seems ideally suited to the production of homogenous products in continuous throughput? activity-based costing job order costing process costing absorption costing none of these   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Mendes Company uses a job order cost system and applies overhead based

May 4, 2020 in /by

Mendes Company uses a job order cost system and applies overhead based on estimated rates for work in their factory. The overhead application rate is based on total estimated overhead costs of $400,000 and direct labor hours of 50,000. For job 836, direct labor hours were 700 for the month of December. What is the […]

 

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For job 900, there were 1,000 direct labor hours,

May 4, 2020 in /by

For job 900, there were 1,000 direct labor hours, and actual overhead was $600 for depreciation and $1,400 for indirect labor. Overhead is applied at $2 per direct labor hour. Which account should be debited for $2,000?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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