Business

Business, 12.07.2019 03:20, arthurdolz

Venus international makes customized furniture and uses job order costing. during a period, its beginning raw materials inventory was $10,000. it purchased raw materials of $20,000 and ended the period with ending raw materials inventory of $3,000. what is the cost of raw materials transferred to work in process inventory?

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Business, 17.08.2019 19:20, ilovebeanieboos

Materials are added at the beginning of a process in a process costing system. the beginning work-in-process inventory was 30% complete as to conversion costs. using first-in, first-out (fifo) process costing, the total equivalent units for material are a. beginning inventory this period for this process.b. units started this period in this process.c. units started this period in this process plus the beginning inventory.d. units started this period in this process plus 70% of the beginning inventory this period.

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Business, 23.10.2019 03:00, mikayla843

Department g had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period, 3,000 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: work in process, beginning of period $40,000 costs added during period: direct materials (10,400 units at $8) 83,200 direct labor 63,000 factory overhead 25,000 all direct materials are placed in process at the beginning of production, and the first-in, first-out method of inventory costing is used. what is the total cost of 3,600 units of beginning inventory that were completed during the period (do not round unit cost calculations)?

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