On April 1, Kurena Company had the following balances in its inventory accounts: Work-in-process…

On April 1, Kurena Company had the following balances in its inventory accounts: Work-in-process…
On April 1, Kurena Company had the following balances in its inventory accounts: Work-in-process inventory is made up of three jobs with the following costs: During April, Kurena experienced the following transactions: a. Purchases materials on account for $21,000. b. Requisitioned materials: Job 30, $12,500; Job 31, $11,200; and Job 32, $5,500. c. Collected and summarized job tickets: Job 30, 250 hours at $12 per hour; Job 31, 275 hours at $15 per hour; and Job 32, 140 hours at $20 per hour. d. Applied overhead on the basis of direct labor cost. e. Actual overhead was $8,718. f. Completed and transferred Job 31 to the finished goods warehouse. g. Shipped Job 31 and billed the customer for 130 percent of the cost. Required: 1. Calculate the predetermined overhead rate based on direct labor cost. 2. Calculate the ending balance for each job as of April 30. 3. Calculate the ending balance of Work in Process as of April 30. 4. Calculate the cost of goods sold for April. 5. Assuming that Kurena prices its jobs at cost plus 30 percent, calculate the price of the one job that was sold during April. (Round to the nearest dollar.) Apr 23 2022 08:19 AM

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
You can contact our live agent via WhatsApp! Via + 1 (409) 205-8984

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code GURUH