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: 402 Weeks Ago, 2 Days 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 11 Aug 2017 My Price 11.00

Nature's Way, Inc

Nature's Way, Inc., keeps one of its production facilities busy making a perfume called Essence de la Vache. The perfume goes through two processing departments: Blending and Bottling.
 

The following incomplete Work in Process account is provided for the Blending Department for March:

 

Work in ProcessAf?cAc‚¬"Blending
 
March 1 balance 34,100 Completed and transferred
to Bottling (760,000 ounces)		 ?
Materials 141,600    
Direct labor 67,200    
Overhead 487,000    
March 31 balance ?    
 
     

 

The $34,100 beginning inventory in the Blending Department consisted of the following elements: materials, $8,500; direct labor, $4,400; and overhead applied, $21,200.

Costs incurred during March in the Bottling Department were: materials used, $45,000; direct labor, $16,600; and overhead cost applied to production, $111,000.

 

Required:
1.

Prepare journal entries to record the costs incurred in both the Blending Department and Bottling Department during March. (Omit the "$" sign in your response.)

 

a. Raw materials were issued for use in production.
b. Direct labor costs were incurred.
c.

Manufacturing overhead costs for the entire factory were incurred, $696,000. (Credit Accounts Payable and use a single Manufacturing Overhead control account for the entire factory.)
d. Manufacturing overhead was applied to production using a predetermined overhead rate.
e.

Units that were complete with respect to processing in the Blending Department were transferred to the Bottling Department, $662,000.
f.

Units that were complete with respect to processing in the Bottling Department were transferred to Finished Goods, $790,000.
g. Completed units were sold on account for $1,430,000. The cost of goods sold was $630,000.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 01:08 PM My Price 11.00

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)