Operation costing. The Carter Furniture Company needs to determine the cost of two work orders for December 2017. Work Order 1200A is for 250 painted, unassembled chests and Work Order 1250A is for 400 stained, assembled chests. The following information pertains to these two work orders: Work Order 1200A 250 Work Order 1250A Number of chests Operations 1. Cutting 2. Painting 3. Staining 4. Assembling 6. Packaging 400 Use Use Use Do not use Do not use Use Do not use Use Use Use Selected budget information for December follows: Unassembled Chests Assembled Chests Total 1,500 $180,000 Chests 2,300 $232,000 800 $52,000 Direct materials costs Budgeted conversion costs for each operation for December follow: Cutting Painting Staining Assembling Packaging $41,400 6,400 24,000 33,000 11,500

Operation costing. The Carter Furniture Company needs to determine the cost of two work orders for December 2017. Work Order 1200A is for 250 painted, unassembled chests and Work Order 1250A is for 400 stained, assembled chests. The following information pertains to these two work orders: Work Order 1200A 250 Work Order 1250A Number of chests Operations 1. Cutting 2. Painting 3. Staining 4. Assembling 6. Packaging 400 Use Use Use Do not use Do not use Use Do not use Use Use Use Selected budget information for December follows: Unassembled Chests Assembled Chests Total 1,500 $180,000 Chests 2,300 $232,000 800 $52,000 Direct materials costs Budgeted conversion costs for each operation for December follow: Cutting Painting Staining Assembling Packaging $41,400 6,400 24,000 33,000 11,500

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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