accounting hmwk

/in /by

In today’s fast-paced academic environment, students often find themselves juggling multiple responsibilities, from attending classes and working part-time jobs to participating in extracurricular activities. The demands of modern education can be overwhelming, leaving students in search of effective solutions to manage their academic workload efficiently. One such solution is the use of Nursingpapertutors.com academic writing website. Nursingpapertutors.com academic writing website employ a cadre of experienced and knowledgeable writers who are well-versed in various academic subjects and writing styles. Nursingpapertutors.com professionals bring a wealth of expertise to the table, enabling them to produce well-researched and well-structured papers that meet the academic standards and expectations of students. Their familiarity with diverse subjects ensures that students can receive assistance across a wide spectrum of disciplines, from mathematics to literature, and from nursing to engineering.

 

Question 1

Green Company’s costs for the month of August were as follows: direct materials, $27,000; direct labor, $34,000; selling, $14,000; administrative, $12,000; and manufacturing overhead, $44,000. The beginning work in process inventory was $16,000 and the ending work in process inventory was $9,000. What was the cost of goods manufactured for the month?

[removed]

A.

$105,000

[removed]

B.

$132,000

[removed]

C.

$138,000

[removed]

D.

$112,000

  

Question 2

Consider the following costs incurred in a recent period:

Direct Materials

 $       33,000

Depreciation on factory equipment

 $       12,000

Factory janitor’s salary

 $       23,000

Direct labor

 $       28,000

Utilities for factory

 $         9,000

Selling expenses

 $       16,000

Production supervisor’s salary

 $       34,000

Administrative expenses

 $       21,000

What was the total amount of the period costs listed above for the period?

[removed]

a.

$78,000

[removed]

b.

$71,000

[removed]

c.

 $37,000

[removed]

d.

 $46,000

 

Question 3

The following inventory balances relate to Lequin Manufacturing Corporation at the beginning and end of the year:

                          

   Beginning

       Ending

Raw materials

 $       14,000

 $     19,000

Work in proces

 $       31,000

 $       7,000

Finished goods

 $       25,000

 $     23,000

Lequin’s total manufacturing cost was $543,000. What was Lequin’s cost of goods sold?

[removed]

a.

  $517,000

[removed]

b.

 $545,000

[removed]

c.

$569,000

[removed]

d.

$567,000

  

Question 4

Corcetti Company manufactures and sells prewashed denim jeans. Large rolls of denim cloth are purchased and are first washed in a giant washing machine. After the cloth is dried, it is cut up into jean pattern shapes and then sewn together. The completed jeans are sold to various retail chains. 

Which of the following terms could be used to correctly describe the cost of the soap used to wash the denim cloth?

 

Direct Cost

Product Cost

A)

Yes

Yes

B)

Yes

No

C)

No

Yes

D)

No

No

[removed]

a.

A)

 

[removed]

b.

B)

 

[removed]

c.

C)

 

[removed]

d.

D)

 

  

Question 5

The variable cost per unit is constant and does not depend on how many units are produced.

[removed]True

[removed]False

  

Question 6

Which two terms below describe the wages paid to security guards that monitor a factory 24 hours a day?

[removed]

A.

 

variable cost and direct cost

 

[removed]

B.

 

fixed cost and direct cost

 

[removed]

C.

 

variable cost and indirect cost

 

[removed]

D.

fixed cost and indirect cost

 

 

 

One of the significant challenges students face is time management. The demands of coursework, assignments, and exams can create immense pressure, leading to stress and a potential drop in academic performance. Nursingpapertutors.com academic writing website can be a valuable resource for students seeking to balance their responsibilities effectively. By outsourcing some of their academic tasks, students can free up time to focus on studying, participating in meaningful extracurricular activities, or even addressing personal obligations. This improved time management can alleviate the stress associated with academic overload. The ultimate goal of education is to enhance one’s knowledge and skills. Nursingpapertutors.com academic writing websites can play a vital role in achieving this goal by providing students with well-crafted papers that serve as models for their own work. These papers can offer valuable insights into effective research, organization, and writing, thereby empowering students to improve their academic performance over time.

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.