Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. betty derose, inc. operates two departments, the h

Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April, the...

70.2K

Verified Solution

Question

Accounting

Betty DeRose, Inc. operates two departments, the handling department andthe packaging department. During April, the handling department reportedthe following information:                      % complete   % complete                units     DM      conversion work in process, April 1    18,000    38%       71%units started during April   80,000work in process, April 30    44,000    82%       47%The cost of beginning work in process and the costs added during Aprilwere as follows:                 DM     Conversion    Total costwork in process, April 1   $ 51,764    $152,477     $204,241costs added during April    191,452    232,125     423,577total costs          243,216    384,602     627,818Calculate the total cost of the handling department's work in processinventory at April 30 using the weighted average process costing method.

Answer & Explanation Solved by verified expert
3.7 Ratings (318 Votes)
The total cost of the handling departments work in process inventory at April 30 using the weighted average process costing method is calculated as follow CALCULATION OF COST of ENDING WORK IN PROCESS VALUATION OF CLOSING WIP of 44000 EQUIVALENT UNITS MATERIAL 36080 270 97416 LABOR 20680 515 106502 TOTAL VALUE OF 44000 UNIITS WORK IN PROCESS    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Data from an independent research company found that the annual cost per worker for insurance? (health,...

Basic Math
Q

Find the​ z-score such that the interval within z standard deviations of the mean for a...

Statistics
Q

To whom would you complain if you believed the FAA had exceeded its authority, either as...

Operations Management
Q

What is the pH at the quivalence point when 50.0 mL of 0.10 M ethylamine (C2H5NH2)...

Chemistry
Q

For each of the following terms, provide a brief classroom example that illustrates the term.: a....

Psychology
Q

earth having radius en due to gravity is 2016 11 R R arth v to...

Physics
Q

A survey asks Which online services have you used in the last month Twitter Facebook...

Statistics
Q

Information storage databases: Eliminate the need for professional judgment. Are relied on boy auditors of...

Accounting
Q

Question 6, 7 and 8 Information A firm makes three products and seeks to calculate...

Accounting
Q

Exercise 9-11 (Static) Activity Variances [LO9-2] Lavage Rapide is a Canadian company that owns and...

Accounting
Q

Journal entry worksheet 1 2 3 4 5 Sold merchandise for $1,250 on account...

Accounting
Q

To earn a high rating from the bond rating agencies, a company would want to...

Finance