Ask Question, Ask an Expert


Ask Project Management Expert

Bangor Products produces electronics language translators. Analysis of starting Work in Process Inventory for July 2008 revealed the following:

800 Units Percent Complete Cost Incurred
Direct Material 45% 6,748
Direct Labor 65% 8,680
Overhead 40% 5,710
Total Beginning Inventory 21,138

Direct Labor costs were very high during June as the company had labor strike and paid high premium for production that month.

In July, Bangor Products started production of another 11,400 translators and incurred $259,012 for material, $58,200 for direct labor, and $188,210 for overhead. At the end of July, company had 400 units in process (70% complete as to material, 90% complete as to direct labor, and 80% complete as to overhead).

A.) Create cost of production report for July by using FIFO method of process costing.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M932948

Have any Question? 

Related Questions in Project Management

A company manufactures three products a b and c by using

A company manufactures three products: A, B and C by using three resources each unit of product X takes six man-hour twenty hour of machine capacity 2 cubic meter of storage place. Similarly, one unit of product B takes ...

1 what is a line extension and how does it differ from a

1. What is a line extension, and how does it differ from a product modification? 2. Compare and contrast the three major approaches to modifying a product. 3. Identify and briefly explain the seven major phases of the ne ...

Jan kottas is the owner of a small company that produces

Jan Kottas is the owner of a small company that produces electric knives used to cut fabric. The annual demand is for 8,000 knives, and Jan produces the knives in batches. On average, Jan can produce 150 knives per day; ...

One of the most common reasons for not wanting to adopt a

One of the most common reasons for not wanting to adopt a matrix is the excessive administrative costs and accompanying overhead costs. Would you expect the overhead rates to decrease as the matrix matures? (Disregard ot ...

Collaborative learning community clc assignment-choose a

Collaborative Learning Community (CLC) assignment:- Choose a nursing problem from your current practice setting and identify a possible solution to that problem. Conduct a search of the literature related to this problem ...

Closing the great health care divide with pattern

CLOSING THE GREAT HEALTH CARE DIVIDE WITH PATTERN RECOGNITION AND DATA - MINING TECHNOLOGIES In today's world, people, cultures, and nations are distinguished by which side of the " great divides" they are on. There are ...

In a push technology environment businesses and

In a push technology environment, businesses and organizations will come to you with information, services, and product offerings based on your profile. How is a push technology environment different from mass mailings a ...

According to some reports what percentage of businesses

According to some reports, what percentage of businesses that do not have a disaster plan go out of business after a major loss? List the seven-step CP process recommended by NIST.? List and describe the teams that perfo ...

Using a distributed component approach propose an

Using a distributed component approach, propose an architecture for a national theater booking system. Users can check seat availability and book seats at a group of theaters. The system should support ticket returns so ...

Describe the two main physical causes answer number of

Describe the two main physical causes (Answer: Number of particle and interparticle distance or particle density) that make classical Newtonian and classical statistical mechanics inadequate to describe the motion of ele ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro