> Digital Light Corporation has just completed a major change in its quality control (QC) process. He soon moved to Montana to follow his dream of living in the mountains and Big-Sky coun > Jay Maxey retired a few years ago at age 48, courtesy of the numerous stock options he had been granted while president of, an Internet start-up company. Anticipated overhead and direct-labor time for the upcoming accounting period are $710,000 and 20,000 hours, respective manufactures two types of medical devices, Medform and Procel, and applies overhead on the basis of direct-labor hours. VVC has been in the vinyl siding business for many years and is currently investigating ways to modernize > John Patrick has recently been hired as controller of Valdosta Vinyl Company (VVC), a manufacturer of vinyl siding used in residential construction. An order for 1,000 boxes of a chemical product designated JLRP has the following pro The controller has established the following activity cost pools and cost drivers. manufactures chemicals used in agricultural pest control. Show how the solution will change if the following data change: the April 1 work-in-process costs were $27,000 for direct material and $5,000 for conversion. Build a spreadsheet: Construct an Excel spreadsheet to solve all of the preceding requirements. Use the weighted-average method of process costing. $158,400 Required: Prepare schedules to accomplish each of the following process-costing steps for the month of April. 80,000 Work in process, April 30: Direct material: 100% complete Conversion: 331∕3% complete Costs incurred during April: Direct material. 100,000 Units completed during April and transferred out to finished-goods inventory. 4,500 Balance in work in process, April 1. $ 22,000 Conversion: 20% complete, cost of. Work in process, April 1-10,000 units: Direct material: 100% complete, cost of. Conversion activity occurs uniformly throughout the production process. The following data have been compiled for the month of April. Moravia Company processes and packages cream cheese.
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