X 6 0 B Remaining Time: 2 hours, 28 minutes, 40 seconds, Question Completion Status...
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X 6 0 B Remaining Time: 2 hours, 28 minutes, 40 seconds, Question Completion Status An additional 15.350 kg of RM-1 were used, on top of the 9,650 kg (product waste not considered) that were in process at the beginning of the period The Direct labor costs for that center were (15,000. At the end of the period, there was no WIP and for every kilo of product completed (after product waste) 20 units (filters) were obtained Quality Control This center performed controls on all the filters from the manufacturing phase, and all were considered satisfactory. The company considers these costs to be part of the manufacturing phase. Assembly The beginning WIP inventory (20,000 units) included E34,570 of MOH-Assembly and E22,600 of RM-2 from the prior period. Aside from the units in process, 400,000 new units were manufactured, utilizing 10,000 kgs of RM-2. At the end of the period, 400,000 units were completed, 18,000 were in process with 100% of the RM-2 and 25% of MOH. and 2.000 units were damaged with 100% of the RM-2 and 50% of the MOH. Molding The Molding department received 350,000 units from Assembly. All the units processed in this department were totally completed. The Direct Labor used amounted to E3,800 and the aluminum nasal adaptors used had a cost of E38,700. Sales: Masks: 420,000 units @ 65 each A discount was given for defective elastic bands for 1% of gross sales Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save and Submit LG 2 0 3 # 4 S Q W R A F G H Mayus S B M Z X C N AltBlackboard WEBCAM RECORDING Remaining Time: 2 hours, 28 minutes, 54 seconds. Question Completion Status: Molding E 45,000 Man hours Sales E 178,000 |Number of Units sold Management E 210,000 Maintenance E 125,340 Number of orders Cleaning E 190,000 Man hours Information related to the cost allocation: - Maintenance attended to 170 orders, 70 of which were from Procurement, 20 for itself, 20 for Cleaning and 60 for Assembly. Cleaning worked a total of 200 Man hours, 50 for Procurement, 15 for Maintenance, 70 for Assembly and 65 for Management. Beginning Inventory RM-1 Polypropylene: 1,000 kg .. . E10,000 WIP Manufacturing: 9,650 kg . . E36,225 Semi-finished products (filters): 4,000 units . ........ E4,400 WIP Assembly: 20,000 units ........ 697,870 Finished Product (masks) 70,000 units ......... 196,000 Purchases RM-1: 18,000 kg @ 11/kg 78 kg were returned due to poor quality There was a cash discount of E8.961 for RM-1 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save and Submit GLG " & 2 0 3 # 4 5 Q EE R Blog K MayUs A S F G Z X C B N M Fin Alt. WEBCAM RECORDING Remaining Time: 2 hours, 28 minutes, 34 seconds. Question Completion Status: At THE CHU UI HE peru, 400,0U uins WERE CUISIPIEIU, 10, YOU WERE IN PROCESS WILL TOU/0 UI TIE RIVI-Z anu 2070 UP MUTT, and 2,090 units were damaged with 100% of the RM-2 and 50% of the MOH. Molding The Molding department received 350,000 units from Assembly. All the units processed in this department were totally completed. The Direct Labor used amounted to E3,800 and the aluminum nasal adaptors used had a cost of E38,700. Sales: Masks: 420,000 units @ 65 each A discount was given for defective elastic bands for 1% of gross sales REQUESTED: Prepare an allocation table for all indirect costs . Calculate the cost of production for each one of the 3 processes/phases . Show all the inventory accounts . Present an Income statement for the period For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px V ... Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save and Submit GLG F7 & 2 3 # S Q W E R E Blog D G A S F N M Z X C B AltOVERCAM RICONS Remaining Time: 2 hours, 29 minutes, 10 seconds. Question Completion Status: QUESTION 1 10 points Save Angerat Company X manufactures face masks using 2 raw materials, polypropylene (RM-1) and polyisoprene (RM-2). The production process includes the following phases: In the first phase the filters for the masks are produced in the Manufacturing Center and polypropylene (RM-1) is used. In that center, the product waste is 4%. Once the filters are produced, they go through different quality controls before proceeding to the Assembly Department. There the elastic bands are added. These bands are made with polyisoprene (RM-2) and are attached using heat sealing machines in order to avoid making holes in the material or contamination with foreign particles. During the third and final phase, Molding, the semi-finished products are shaped into the final product (masks). The masks are thoroughly checked to make sure they do not hinder the vision of the user, that there are no rough edges that can be bothersome, and they are sterilized. Also, during this final phase, an aluminum nasal adaptor (supplied by an external supplier) is added to obtain the completed mask. Company X accumulates costs on a monthly basis and uses Absorption Costing. The company defined the following costs centers with their respective costs and allocation bases for the month of April 2020: CENTERS PRIMARY COSTS ALLOCATION BASE Procurement E 85,532 Net Kg. purchased of both RM Manufacturing 170.000 | Machine hours Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save and Submit GLG 3# 4 S Q EE R S F G B N X C Alt2 hours, 28 minutes, 48 seconds. Question Completion Status: Semi-finished products (filters): 4.000 units . E4,400 WIP Assembly: 20,000 units ......... 697.870 Finished Product (masks) 70,000 units ........ 196,000 Purchases RM-1: 18,000 kg @ E11/kg 78 kg were returned due to poor quality There was a cash discount of E8.961 for RM-1 RM-2: 16,000 kg @ E21/kg The company uses the FIFO method for inventory valuation purposes (Raw Materials, Semi-finished Goods and Finished Goods) Manufacturing An additional 15,350 kg of RM-1 were used, on top of the 9,650 kg (product waste not considered) that were in process at the beginning of the period. The Direct labor costs for that center were E15,000. At the end of the period, there was no WIP and for every kilo of product completed (after product waste) 20 units (filters) were obtained. Quality Control This center performed controls on all the filters from the manufacturing phase, and all were considered satisfactory. The company considers these costs to be part of the manufacturing phase. Assembly Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save and Submit LG & 2 0 3 4 S T Q w E R Blog H Mey's A S D F G C N M Z X B AltXCOB Remaining Time: 2 hours, 28 minutes, 59 seconds. Question Completion Status: polypropylene (RM-1) is used In that center, the product waste is 4%. Once the filters are produced, they go through different quality controls before proceeding to the Assembly Department. There the elastic bands are added. These bands are made with polyisoprene (RM-2) and are attached using heat sealing machines in order to avoid making holes in the material or contamination with foreign particles. During the third and final phase, Molding, the semi-finished products are shaped into the final product (masks). The masks are thoroughly checked to make sure they do not hinder the vision of the user, that there are no rough edges that can be bothersome, and they are sterilized. Also, during this final phase, an aluminum nasal adaptor (supplied by an external supplier) is added to obtain the completed mask. Company X accumulates costs on a monthly basis and uses Absorption Costing. The company defined the following costs centers with their respective costs and allocation bases for the month of April 2020: CENTERS PRIMARY COSTS ALLOCATION BASE Procurement E 85,532 Net Kg. purchased of both RM Manufacturing 170,000 |Machine hours Quality E 60,000 Number of controls Assembly 200,000 Man hours Molding E 45,000 Man hours Sales E 178,000 Number of Units sold Management E 210,000 Maintenance E 125,340 Number of orders Cleaning E 190,000 Man hours Information related to the cost allocation: - Maintenance attended to 170 orders, 70 of which were from Procurement, 20 for itself, 20 for Cleaning and 60 for Assembly Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save and Submit GLG 5 - & 3 # 4 5 6 Q W Ee R G A S F 2 N Z X C
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