onsists 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 $3,253,600 and materials costs were $34 per unit. Planned production included 5,312 hours to produce 16,600 motor drives. Actual production for August was 1,940 units, and motor drives shipped amounted to 1,480 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. $446,200 Ob. $340,400 Oc. $382,214 Od. $184,785

onsists 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 $3,253,600 and materials costs were $34 per unit. Planned production included 5,312 hours to produce 16,600 motor drives. Actual production for August was 1,940 units, and motor drives shipped amounted to 1,480 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. $446,200 Ob. $340,400 Oc. $382,214 Od. $184,785

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Could you please answer all the reuired fields correctly.
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 $5,627,900 and materials costs were $32 per unit. Planned production included 5,344 hours to produce 16,700 motor drives. Actual production for August was 1,500 units, and motor drives shipped amounted to 1,480 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. O $606,600 Ob $608,432 O $247,163 Od $107,840