subject
Business, 02.09.2020 02:01 shaw2708

Healthy Start Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following ransactions occurred during AprilRequirements: 1. Post each of these transactions to the company's inventory T-accounts 2. Determine the balance at month-end in each of the inventory accounts. 3. Assume that 3,075,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)?Before posting the transactions to the company's T-accounts, begin by determining which accounts are affected by each transaction. The transactions may affect one or two accounts. (Abbreviation used: Dept. -Department. If a box is not used in the table leave the box empty, do not select a label.) 1. Direct materials used in the Packaging Department $ 31,000 2. Costs assigned to units completed and transferred out of Mixing $ 225,000 3. Direct labor incurred in the Mixing Department $ 11,700 4. Beginning balance: Work in Process Inventory Baking$ 15,100 5. Manufacturing overhead allocated to the Baking Department. $ 77,000 6. Beginning balance: Finished Goods ... $ 4,500 7. Costs assigned to units completed and transferred out of Baking $ 307,000 8. Beginning balance: Work in Process Inventory Mixing $ 12,600 9. Direct labor incurred in the Packaging Department. $ 8,900 10. Manufacturing overhead allocated to the Mixing Department $ 68,000 11. Direct materials used in the Mixing Department $ 153.000 12. Beginning balance: Raw Materials Inventory $ 23,000 13. Costs assigned to units completed and transferred out of Packaging $ 386,000 14. Beginning balance: Work in Process InventoryPackaging$ 8,200 15. Purchases of Raw Materials $ 170,000 16. Direct labor incurred in the Baking Department $ 4,800 17. Manufacturing overhead allocated to the Packaging Department $ 49,000 18. Cost of goods sold $ 387,000

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 01:30, gavinarcheroz2jxq
Consider the following limit order book for a share of stock. the last trade in the stock occurred at a price of $50. limit buy orders limit sell orders price shares price shares $49.75 500 $49.80 100 49.70 900 49.85 100 49.65 700 49.90 300 49.60 400 49.95 100 48.65 600 a. if a market buy order for 100 shares comes in, at what price will it be filled? (round your answer to 2 decimal places.) b. at what price would the next market buy order be filled? (round your answer to 2 decimal places.) c. if you were a security dealer, would you want to increase or decrease your inventory of this stock? increase decrease
Answers: 2
image
Business, 22.06.2019 10:50, lindalu
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
image
Business, 22.06.2019 14:30, dabicvietboi
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
image
Business, 22.06.2019 19:10, xbeatdroperzx
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average. it is valued at greater than the sum of individual business units.
Answers: 1
You know the right answer?
Healthy Start Bakery mass-produces bread using three sequential processing departments: Mixing, Baki...

Questions in other subjects: