Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Sep 2017 My Price 9.00

Bookworm, Inc.,

Transferred-in costs, FIFO method. Suppose that Bookworm, Inc., uses the FIFO method instead of the weighted-average method in all of its departments. The only changes to this Problem under the FIFO method are that total transferred-in costs of beginning work in process on April 1 are $36,750 (instead of $32,550) and that total transferred-in costs added during April are $124,800 (instead of $129,600).

1. Using the FIFO process-costing method.

2. Explain any difference between the cost of work completed and transferred out and the cost of ending work in process in the binding department under the weighted-average method and the FIFO method.

 

A

B

C

D

E

1

  

Physical Units (books)

Transferred-In Costs

Direct Materials

Conversion Costs

2

Beginning work in process

1,050

$ 32,550

$ 0

$13,650

3

Degree of completion, beginning work in process

  

100%

0%

50%

4

Transferred in during April 2012

2,400

      

5

Completed and transferred out during April

2,700

      

6

Ending work in process (April 30)

750

      

7

Degree of completion, ending work in process

  

100%

0%

70%

8

Total costs added during April

  

$129,600

$23,490

$70,200

 

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Sep 2017 03:09 PM My Price 9.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)