Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the 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 $2,989,300 and materials costs were $28 per unit. Planned production included 5,728 hours to produce 17,900 motor drives. Actual production for August was 1,860 units, and motor drives shipped amounted to 1,360 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. $310,620 Ob. $312,508 Oc. $149,149 d. $83,500

Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the 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 $2,989,300 and materials costs were $28 per unit. Planned production included 5,728 hours to produce 17,900 motor drives. Actual production for August was 1,860 units, and motor drives shipped amounted to 1,360 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. $310,620 Ob. $312,508 Oc. $149,149 d. $83,500

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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