In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $32,000 and ending work in process inventory of $38,000. During the month, $255,000 of costs were added to production and the cost of units transferred out from the department was $249,000. In the department's cost reconciliation report for April, the total cost to be accounted for under the weighted-average method would be:
A. $542,000
B. $574,000
C. $70,000
D. $287,000
Answer: D
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Carter Appliance Center sells washing machines that carry a three-year warranty against manufacturer's defects. Based on company experience, warranty costs are estimated at $60 per machine. During the year, Carter sold 48,000 washing machines and paid warranty costs of $340,000 . In its income statement for the year ended December 31 . Carter should report warranty expense of
a. $680,000. b. $960,000. c. $2,200,000. d. $2,880,000.
Which of the following is not a basic type of process structure?
A. Work center B. Manufacturing cell C. Assembly line D. Product-process matrix E. Continuous process
In Samsonite v. United States, the court found that:
A) samsonite luggage was causing serious injury to the Canadian luggage market B) processing of the metal strips was a fabrication, and therefore not qualified for duty-free treatment. C) the processing of the metal strips was a mere assembly and therefore qualified for duty-free treatment. D) samsonite luggage did not cause serious injury to the Mexican luggage industry.
Compute the mean squares between blocks
What will be an ideal response?