Ampco Disk Company operates a computer disk manufacturing pl…
Ampco Disk Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 20X5:Work in process, beginning inventory 100,000 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (90% complete) Transferred in during current period 300,000 unitsCompleted and transferred out 250,000 units Work in process, ending inventory 50,000Transferred-in costs (100% complete)Direct materials (0% complete)Conversion costs (65% complete) Calculate equivalent units for conversion costs using the FIFO method.
Read DetailsManufacturing overhead costs incurred for the month are: …
Manufacturing overhead costs incurred for the month are: Utilities $15,000 Depreciation on equipment $25,000 Repairs $10,000Which is the correct journal entry assuming utilities and repairs were on account? A) Accumulated Depreciation Control 25,000 Accounts Payable Control 25,000 Manufacturing Overhead Control 50,000 B) Manufacturing Overhead Control 50,000 Accumulated Depreciation Control 50,000 C) Manufacturing Overhead Control 50,000 Accounts Payable Control 50,000 D) Manufacturing Overhead Control 50,000 Accounts Payable Control 25,000 Accumulated Depreciation Control 25,000
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