Southwest Toys manufactures globes at its San Fernando facility. The company uses job costing and provides you with the following information regarding operations for April 2020: (Click the icon to view the operations information.) Assume the spoiled units have no disposal value. Read the requirements. Requirement 1. What is the unit cost of making the 35,000 globes? The unit cost of making 35,000 globes is Data table Total globes manufactured Globes rejected as spoiled units Total manufacturing cost $ 35,000 850 700,000 Requirements 1. What is the unit cost of making the 35,000 globes? 2. What is the total cost of the 850 spoiled units? 3. If the spoilage is considered normal, what is the increase in the unit cost of good globes manufactured as a result of the spoilage? 4. If the spoilage is considered abnormal, prepare the journal entries for the spoilage incurred. Print Done - X

Southwest Toys manufactures globes at its San Fernando facility. The company uses job costing and provides you with the following information regarding operations for April 2020: (Click the icon to view the operations information.) Assume the spoiled units have no disposal value. Read the requirements. Requirement 1. What is the unit cost of making the 35,000 globes? The unit cost of making 35,000 globes is Data table Total globes manufactured Globes rejected as spoiled units Total manufacturing cost $ 35,000 850 700,000 Requirements 1. What is the unit cost of making the 35,000 globes? 2. What is the total cost of the 850 spoiled units? 3. If the spoilage is considered normal, what is the increase in the unit cost of good globes manufactured as a result of the spoilage? 4. If the spoilage is considered abnormal, prepare the journal entries for the spoilage incurred. Print Done - X

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter5: Product And Service Costing: Job-order System

Section: Chapter Questions

Problem 22E: CleanCom Company specializes in cleaning commercial buildings and construction sites. Each building...

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Question

Southwest Toys manufactures globes at its San Fernando facility. The company uses job costing and provides you with the following information regarding operations for April 2020:
(Click the icon to view the operations information.)
Assume the spoiled units have no disposal value.
Read the requirements.
Requirement 1. What is the unit cost of making the 35,000 globes?
The unit cost of making 35,000 globes is
Data table
Total globes manufactured
Globes rejected as spoiled units
Total manufacturing cost
$
-
35,000
850
700,000
X
Requirements
1.
2.
3.
If the spoilage is considered normal, what is the increase in the unit cost of
good globes manufactured as a result of the spoilage?
What is the unit cost of making the 35,000 globes?
What is the total cost of the 850 spoiled units?
4.
If the spoilage is considered abnormal, prepare the journal entries for the
spoilage incurred.
Print
Done
- X

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Southwest toys manufacturers gloves at its San Francisco facility. The company uses job costing and provides you with the following information regarding operations for April 2020: Data table Total globes manufactured 35000 Globes rejected as spoiled units 850 Total manufacturing costs $700000 Requirements 1. What is the unit cost of making the 35000 globes? 2. What is the total cost of the 850 spoiled units? 3. If the spoilage is co sided normal, what is the increase in the unit cost of good gloves manufactured as a result of the spoilage? 4. If the spoilage is considered abnormal, prepare the journal entries for the spoilage incurred. Data Table Total globes manufactured 35,000 Globes rejected as spoiled units 850 Total manufacturing cost $700,000
Southwest toys manufacturers gloves at its San Francisco facility. The company uses job costing and provides you with the following information regarding operations for April 2020: Data table Total globes manufactured 35000 Globes rejected as spoiled units 850 Total manufacturing costs $700000 Requirements 1. What is the unit cost of making the 35000 globes? 2. What is the total cost of the 850 spoiled units? 3. If the spoilage is co sided normal, what is the increase in the unit cost of good gloves manufactured as a result of the spoilage? 4. If the spoilage is considered abnormal, prepare the journal entries for the spoilage incurred.
I need requirement 2 please.
SOLVE ALL QUESTIONS OTHERWISE LEAVE IT
Please give solution to this. Thank you!
Determine the amount charged to Finished Goods for the period and the costs of spoilage charged to revenue.
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