Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false 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 $4,959,300 and materials costs were $26 per unit. Planned production included 5,856 hours to produce 18,300 motor drives. Actual production for August was 1,800 units, and motor drives shipped amounted to 1,470 units. Conversion costs are applied based on units of production From the foregoing information, determine the production costs transferred to Finished Goods during August. Oa. $534,600 Ob. $436,590 Oc. $489,626 Od. $199,238
Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false 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 $4,959,300 and materials costs were $26 per unit. Planned production included 5,856 hours to produce 18,300 motor drives. Actual production for August was 1,800 units, and motor drives shipped amounted to 1,470 units. Conversion costs are applied based on units of production From the foregoing information, determine the production costs transferred to Finished Goods during August. Oa. $534,600 Ob. $436,590 Oc. $489,626 Od. $199,238
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter15: Ratio Analysis (ratioa)
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Problem 2R: The comparative financial statements of Global Technology are as follows: Open the file RATIOA from...
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The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false
27 Test
X
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 $4,959,300 and materials costs were $26 per unit. Planned production included 5,856 hours to produce 18,300 motor drives. Actual production for August
was 1,800 units, and motor drives shipped amounted to 1,470 units. Conversion costs are applied based on units of production
From the foregoing information, determine the production costs transferred to Finished Goods during August.
Oa. $534,600
Ob. $436,590
Oc. $489,626
Od. $199,238
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Transcribed Image Text:CengageNOWv2 | Online teach X +
Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false
27 Test
X
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 $4,959,300 and materials costs were $26 per unit. Planned production included 5,856 hours to produce 18,300 motor drives. Actual production for August
was 1,800 units, and motor drives shipped amounted to 1,470 units. Conversion costs are applied based on units of production
From the foregoing information, determine the production costs transferred to Finished Goods during August.
Oa. $534,600
Ob. $436,590
Oc. $489,626
Od. $199,238
Previous
Next
![CengageNOWv2 | Online teach X +
Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false
7 Test
X
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 $4,802,400 and materials costs were $28 per unit. Planned production included 5,568 hours to produce 17,400 motor drives. Actual production for August
was 1,940 units, and motor drives shipped amounted to 1,440 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.
Oa. $535,440
Ob. $537,408
Oc. $221,645
Od. $138,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F53b6ed7b-9e5e-4891-a20e-ee57445a5b8f%2Fe609977b-4d9d-4cf3-bb30-b0974af9d5c1%2Fnvvwshh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:CengageNOWv2 | Online teach X +
Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false
7 Test
X
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 $4,802,400 and materials costs were $28 per unit. Planned production included 5,568 hours to produce 17,400 motor drives. Actual production for August
was 1,940 units, and motor drives shipped amounted to 1,440 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.
Oa. $535,440
Ob. $537,408
Oc. $221,645
Od. $138,000
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