subject
Business, 08.07.2020 04:01 lenzner14

Farmbeck, Inc. used direct materials of $500,000 and conversion costs of $535,500. Farmbeck started 100,000 units into production during the month, of which 92,000 units were completed. Units remaining in process at month-end were 100% complete with respect to direct materials but only 40% complete with respect to conversion costs. Using process costing, what would be the final balance in Farmbeck’s Work in Process account at the end of the month?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:50
Which one of the following is never part of recording the requisition and issuance of raw materials in a job order cost system? debit finished goods inventory debit manufacturing overhead credit raw materials inventory debit work in process
Answers: 2
question
Business, 23.06.2019 01:20
Petra contracted to paint bret’s house for $2,000. after beginning the job, petra realizes that the house is really quite big, and she’s not going to make enough profit, so she tells bret she wants another $500 to finish the job. bret doesn’t want to pay more, but he’s afraid that if she walks off the job, he’ll have trouble finding someone else to finish it, so he agrees. is bret legally obligated to pay the extra $500?
Answers: 2
question
Business, 23.06.2019 02:00
You are considering the purchase of one of two machines used in your manufacturing plant. machine 1 has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine 2 costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm
Answers: 1
question
Business, 23.06.2019 08:30
The hypothetical country of eurica is experiencing severe competition to its domestic auto industry in the form of foreign imports. many jobs are threatened. eurica places a 25 percent tariff on the price of imported cars. this type of tariff is known as a(n) tariff.
Answers: 1
You know the right answer?
Farmbeck, Inc. used direct materials of $500,000 and conversion costs of $535,500. Farmbeck started...
Questions
question
Geography, 04.11.2020 02:00
question
Computers and Technology, 04.11.2020 02:00
question
Mathematics, 04.11.2020 02:00
question
Social Studies, 04.11.2020 02:00
question
Geography, 04.11.2020 02:00
question
Biology, 04.11.2020 02:00
question
Mathematics, 04.11.2020 02:00
question
Mathematics, 04.11.2020 02:00