subject
Business, 08.10.2019 02:30 bonnysvalentine

Sanchez & company produces paints. on july 1, it had no work-in-process inventory. it starts production of 99,000 gallons of paint in july and completes 75,000 gallons. the costs of the resources used by sanchez in july consist of the following: materials $ 215,920 conversion costs (labor and overhead) 289,700 required: the production supervisor estimates that the ending work-in-process is 85 percent complete. compute the cost of paint transferred to finished goods and the amount in work-in-process ending inventory as of july 31. (do not round intermediate calculations.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations. issued 2,900 shares of $0.01 par value common stock to investors for cash at $29 per share. borrowed $68,000 from the bank to provide additional funding to begin operations; the note is due in two years. paid $1,000 for the current month's rent of a warehouse and another $1,000 for next month's rent. paid $1,440 for a one-year fire insurance policy on the warehouse (recorded as a prepaid expense). purchased furniture and fixtures for the warehouse for $16,000, paying $3,200 cash and the rest on account. the amount is due within 30 days. purchased for $2,800 cash the university of pennsylvania, notre dame, the university of texas at austin, and michigan state university baseball caps as inventory to sell online. placed advertisements on google for a total of $340 cash. sold caps totaling $1,900, half of which was charged on account. the cost of the caps sold was $1,100. (hint: make two entries.) made full payment for the furniture and fixtures purchased on account in (e). received $280 from a customer on account.
Answers: 2
question
Business, 22.06.2019 08:30
What is the equity method balance in the investment in lindman account at the end of 2018?
Answers: 2
question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 10:00
Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting
Answers: 1
You know the right answer?
Sanchez & company produces paints. on july 1, it had no work-in-process inventory. it starts pr...
Questions
question
Mathematics, 29.03.2021 19:40
question
Chemistry, 29.03.2021 19:40
question
Mathematics, 29.03.2021 19:40