Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sifton electronics corporation manufactures and as

Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles...

90.2K

Verified Solution

Question

Accounting

image
Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a lean cell for each customer. The following information relates to only one customer's lean cell for the coming year. For the year, projected labor and overhead was $6,396,000 and materials costs were $33 per unit. Planned production included 6,240 hours to produce 19,500 motor drives. Actual production for August was 1,950 units, and motor drives shipped amounted to 1,400 units. Conversion costs are applied based on units of production From the foregoing information, determine the production costs transferred to Cost of Goods Sold during August. a. 5703,950 b. 5264,225 c. $505,400 d. 5641,583

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Fernicus Company gathered the following information on powercosts and factory machine usage for the...

Accounting
Q

Part 1-- The process of discounting and compounding are related. Please explain this relationship. Part 2--Suppose you...

Finance
Q

Describe the ring obtained from the product ring RĂ—R by inverting the element (2,0). and we already...

Advance Math
Q

Select the statements that are correct.The scientific name of an organism includes the order and...

Biology
Q

What would be a suitable title for this passage O Birds A Unique Hummingbird O...

Biology
Q

14 With the TSI agar an organism that does not ferment any of the carbohydrates...

Biology
Q

In the diagram below PQ is parallel to MN If MO 31 5 OQ 12...

Geometry
Q

Martha invests 7800 in a new savings account which earns 5 1 annual interest compounded...

Basic Math
Q

A plant manufactures part whose lengths are normally distributed with a mean of 16.3 centimeters...

Basic Math
Q

67 cos x cos y sin x sin y sin x sin y cos x...

Calculus
Q

Mighty Company purchased a 60 percent interest in Lowly Company on January 1, 2017, for...

Accounting
Q

Henderson Corp. has a defined benefit pension plan. The plan reports the following for 2023:...

Accounting