Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a lean cell for each customer. The following information relates to only one customer's lean cell for the coming year. For the year, projected labor and overhead was $2,989,300 and materials costs were $28 per unit. Planned production included 5,728 hours to produce 17,900 motor drives. Actual production for August was 1,860 units, and motor drives shipped amounted to 1,360 units. Conversion costs are applied based on units of production From the foregoing information, determine the amount of the conversion costs charged to Raw and in Process Inventory during August. a. $310,620 b. $312,508 c. 5149,149 d. 583,500
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: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.