Entries by Munene david

During March 2019, Annapolis Corporation recorded $41,000 of costs

May 4, 2020 in /by

During March 2019, Annapolis Corporation recorded $41,000 of costs related to factory overhead.  Alpha’s overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $43,500 would be incurred, and 5,500 direct labor hours would be worked.  During March, 4,250 hours were actually worked. Use this information to determine the amount […]

 

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On May 21, 2019, Christine worked 7.0 hours on Job A-1,

May 4, 2020 in /by

On May 21, 2019, Christine worked 7.0 hours on Job A-1, and 3 hours on general “overhead activities.” Christine is paid $15 per hour.  Overhead is applied based on $24 per direct labor hour.  Additionally, on May 21 Job A-1 requisitioned and entered into production $140 of direct material.  On May 21, Christine, while working on Job A-1 used […]

 

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Bethesda Company’s April 1, 2019 beginning work in process was 1,000

May 4, 2020 in /by

Bethesda Company’s April 1, 2019 beginning work in process was 1,000 units. During April an additional 3,000 units were put into production. At the end of April all units were completed except for 925 units. Use this information to determine number of units completed.   Looking for a Similar Assignment? Order now and Get 10% […]

 

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On March 1, 2019, Baltimore Company’s beginning work in process inventory

May 4, 2020 in /by

On March 1, 2019, Baltimore Company’s beginning work in process inventory had 9,000 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials at the beginning of the production process.  During March, a total of 22,800 units were started and the ending WIP inventory had […]

 

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