subject
Business, 11.03.2020 22:57 fheight01

Partially completed T-accounts and additional information for Cardinals, Inc., for the month of November appear as follows. Materials Inventory BB (11/1) 30,000 120,000 96,000 Work-In-Process Inventory BB (11/1) 60,000 Labor 90,000 Finished Goods Inventory BB (11/1) 80,000 180,000 120,000 Cost of Goods Sold Manufacturing Overhead Control 78,000 Applied Manufacturing Overhead Additional information for November follows: Labor wage rate was $30 per hour. Manufacturing overhead is applied at $24 per direct labor-hour. During the month, sales revenue was $270,000, and selling and administrative costs were $48,000. This company has no indirect materials or supplies. Required: a. What cost amount of direct materials was issued to production during November? b. How much manufacturing overhead was applied to products during November? c. What was the cost of products completed during November? d. What was the balance of the Work-in-Process Inventory account at the end of November? e. What was the over- or underapplied manufacturing overhead for November? f. What was the operating profit (loss) for November? Any over- or underapplied overhead is written off to Cost of Goods Sold.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 11:00, montgomerykarloxc24x
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
image
Business, 22.06.2019 17:20, andrespeerman
States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will
Answers: 1
image
Business, 22.06.2019 19:30, ssiy
Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
Answers: 2
image
Business, 23.06.2019 01:50, ryansterling200
Describe two (2) financial career options that an individual with a finance education might pursue and explain the value that such a position adds to a company. explain the essential skills that would make a person successful in each of the described positions. recommend one (1) of the career options. identify the most attractive features of the position.
Answers: 2
You know the right answer?
Partially completed T-accounts and additional information for Cardinals, Inc., for the month of Nove...

Questions in other subjects: