Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bodin company manufactures finger splints for kids

Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The...

90.2K

Verified Solution

Question

Accounting

Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The firm had the following inventories at the beginning and end of the month of January.
Type January 1 January 31
Finished goods $ 125,000 $ 117,000
Work in process 235,000251,000
Raw material 132,000124,000
The following additional data pertain to January operations.
Raw material purchased $ 191,000
Direct labor 400,000
Actual manufacturing overhead 170,000
Actual selling and administrative expenses 110,000
The company applies manufacturing overhead at the rate of 60 percent of direct-labor cost. Any overapplied or underapplied manufacturing overhead is accumulated until the end of the year.
2. Compute the total manufacturing cost for January.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What steps are needed to make UMP into dTMP? Write out each step, using standard abbreviations...

Biology
Q

1. Describe the effect of aging on the ANS? 2. What effect would cutting the vagus...

Biology
Q

Need step by step solution how to build a simple 3D house of any area or...

Civil Engineering
Q

22. Given below is a sequence 5' ATGGTAGGGG GTATTAAATC CAGTTATCAG AGGATCGGGA CCGAATAGGT 3' a. Is...

Biology
Q

Complete the table to determine the balance A for 10 000 invested at rate r...

Calculus
Q

Consider the equation P 2Q 3 This equation represents a supply Instructions Enter your answer...

Algebra
Q

2. How can management use budgets for cost control and profit forecast? 3. Mention in...

Accounting
Q

North Face is one of the world's most popular outdoor apparel companies. Assume that North...

Accounting
Q

Required information [The following information applies to the questions displayed below.) Clopack Company manufactures one...

Accounting
Q

Question 1: The Boeing case is not just one ethics case. It is rather an...

Finance
Q

8. What rate would a taxable corporate bond have to pay to be comparable to...

Finance
Q

1. Vaka almas sunumu ve zmleri: A. Vaka arka plan: vaka almasnn ana konular. B....

Finance