A journal entry .

Question

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Answer 1

Question

Chapter 18, Problem 18.28E

1.

To determine

To prepare: A journal entry.

2.

a.

To determine

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.

b.

To determine

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

c.

To determine

To explain: Whether the unit cost in part a, and b above is same.

3.

a.

To determine

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

b.

To determine

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

c.

To determine

To explain: Whether the unit cost is same in part a and b above.

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Summit Manufacturing has a standard costing system. The following data are available for October: • • Actual quantity of direct materials purchased: 40,000 pounds Standard price of direct materials: $6 per pound Material price variance: $4,800 unfavorable Material quantity variance: $3,200 favorable What is the actual price per pound of direct materials purchased in October?

I want to correct answer general accounting question

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Answer 2

Question

Chapter 18, Problem 18.28E

1.

To determine

To prepare: A journal entry.

2.

a.

To determine

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.

b.

To determine

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

c.

To determine

To explain: Whether the unit cost in part a, and b above is same.

3.

a.

To determine

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

b.

To determine

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

c.

To determine

To explain: Whether the unit cost is same in part a and b above.

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Answer 3

Question

Chapter 18, Problem 18.28E

1.

To determine

To prepare: A journal entry.

2.

a.

To determine

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.

b.

To determine

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

c.

To determine

To explain: Whether the unit cost in part a, and b above is same.

3.

a.

To determine

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

b.

To determine

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

c.

To determine

To explain: Whether the unit cost is same in part a and b above.

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Answer 4

Question

Chapter 18, Problem 18.28E

1.

To determine

To prepare: A journal entry.

2.

a.

To determine

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.

b.

To determine

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

c.

To determine

To explain: Whether the unit cost in part a, and b above is same.

3.

a.

To determine

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

b.

To determine

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

c.

To determine

To explain: Whether the unit cost is same in part a and b above.

Expert Solution & Answer

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Answer 5

Chapter 18, Problem 18.28E

1.

To determine

To prepare: A journal entry.

2.

a.

To determine

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.

b.

To determine

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

c.

To determine

To explain: Whether the unit cost in part a, and b above is same.

3.

a.

To determine

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

b.

To determine

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

c.

To determine

To explain: Whether the unit cost is same in part a and b above.

Answer 6

Chapter 18, Problem 18.28E

1.

To determine

To prepare: A journal entry.

Answer 7

Chapter 18, Problem 18.28E

1.

To determine

To prepare: A journal entry.

Answer 8

2.

a.

To determine

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.

Answer 9

2.

a.

To determine

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.

Answer 10

b.

To determine

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

Answer 11

b.

To determine

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

Answer 12

c.

To determine

To explain: Whether the unit cost in part a, and b above is same.

Answer 13

c.

To determine

To explain: Whether the unit cost in part a, and b above is same.

Answer 14

3.

a.

To determine

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

Answer 15

3.

a.

To determine

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

Answer 16

b.

To determine

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

Answer 17

b.

To determine

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

Answer 18

c.

To determine

To explain: Whether the unit cost is same in part a and b above.

Answer 19

c.

To determine

To explain: Whether the unit cost is same in part a and b above.

Answer 20

Expert Solution & Answer

Answer 21

Expert Solution & Answer

Answer 22

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Answer 23

Ch. 18 - Why is there an unmistakable trend in...Ch. 18 - Distinguish among spoilage, rework, and scrap.Ch. 18 - Normal spoilage is planned spoilage. Discuss.Ch. 18 - Costs of abnormal spoilage are losses. Explain.Ch. 18 - What has been regarded as normal spoilage in the...Ch. 18 - Units of abnormal spoilage are inferred rather...Ch. 18 - In accounting for spoiled units, we are dealing...Ch. 18 - Total input includes abnormal as well as normal...Ch. 18 - Prob. 18.9Q Ch. 18 - The unit cost of normal spoilage is the same as...

A journal entry .

To prepare: A journal entry.

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it. Given information: Mixed vegetable cost is $9. Number of cases is 2100. Spoilage realized is 840.

To compute: The unit cost if rejection is categorized on the basis of production process and not for the specific job also journalizes it.

To explain: Whether the unit cost in part a, and b above is same.

To compute: The unit cost of cases if additional cost were incurred because of existing specification of this job and journalize it also.

To compute: The unit cost of cases if additional cost occurs regularly because of difficulty in season and journalize it also.

To explain: Whether the unit cost is same in part a and b above.

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Chapter 18 Solutions

To compute: The unit cost if rejection is attributable to exacting specification of this particular job also journalizes it.

Given information:

Mixed vegetable cost is $9.

Number of cases is 2100.

Spoilage realized is 840.