Question: Dvorak Company produced 1,000 units that require five standard pounds per unit at $ 2.50 standard price per pound. The company actually used 4,500 pounds

Dvorak Company produced 1,000 units that require five standard pounds per unit at $ 2.50 standard price per pound. The company actually used 4,500 pounds in production. Journalize the entry to record the standard direct materials used in production.

Step by Step Solution

★★★★★

3.30 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Work in Process 5000 lbs 250 1250... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

312-B-M-A-P-E (1331).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

The Reliance Manufacturing Company produces an aircraft part. The company can produce the part entirely at a flexible work center with multiple computerized machines. The company has four work...

Using the following standard unit costs and the actual cost and usage data that follow, compute the direct materials price and direct materials quantity variances. Direct materials quantity standard...

Dvorak Company produces a product that requires five standard pounds per unit. The standard price is $ 2.50 per pound. If 1,000 units required 4,500 pounds, which were purchased at $ 3.00 per pound,...

Dvorak Company produced 1,000 units of product that required three standard hours per unit. The standard variable overhead cost per unit is $ 1.40 per hour. The actual variable factory overhead was $...

Belilingham Company produced 5,600 units that require 12 standard pounds per unit at a $8 standard price per pound. The-company actually used 65,200 pounds in production. Journalize the entry to...

Nighthawk, Inc. produced 4,000 units that require eight standard pounds per unit at $3 per pound. The company actually used 35,000 pounds in production. The journal entry to record the standard...

Bellingham Compary produced 6,400 units that require 14 standard pounds per unit at a $5.5 standard price per pound. The company actually used 86,000 pounds in production. Joumalize the entry to...

Norris Company produced 500 units that require six standard pounds per unit at $1.25 standard price per pound. The company actually used 2,900 pounds in production. Journalize the entry to record the...

Young Company produced 500 units that requires five standards pounds per unit at $0.90 standard price per pound. The company actually used 2,350 pounds in production. Journalize the entry to record...

Venneman Compary produced 14,000 units that require 3.5 standacd pounds per unt at 55.10 standard price per pound. The company actually used 48,500 pounds in production Riequired: Joumalze the May 31...

Brewster Company produced 1,500 units that require four standard pounds per unit at $6.80 standard price per pound. The company actually used 6,400 pounds in production. Journalize the entry to...

Evaluate ([ [xz2 dy dz + (xy z) dz dx + (2xy + yz) dx dy], where S is the surface enclosing a region bounded by hemisphere x2 + y2 + z2 = 4 above XY-plane. 3. - 2 %3D

A researcher conducts an experiment with three levels of the independent variable. (a) Which two versions of a parametric procedure are available to her? (b) How does she choose between them?

Prepaid Insurance Total Current Liabilities Long - term Investments Buildings \ $ Less : Accumulated Depreciation - Buildings

1. Use Fig. 4.1 to determine whether each of the currencies listed here is selling at a 3-month forward premium or discount against the dollar: a. Pound b. Swiss franc c. Yen d. Canadian dollar 2....

Consider a naive quasi-hyperbolic discounter with daily =0.75 and =1. He must undertake a task at some point in the next 3 days. The cost is -1 if he does it right away, -1.25 if on the second day,...

Q1 Evaluate the convolution of the two sequences h[n] = (0.5)" u[n] & x[n] = 3" u[-n]

How is a monopolistically competitive market similar to a perfectly competitive market? Do monopolistically competitive markets and monopolies share any common features?

Stylist Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances...

Which of the following accounts will usually appear in the post-closing trial balance? a. Accounts Receivable b. Cash c. Depreciation Expense d. Fees Earned e. Doug Woods, Capital f. Doug Woods,...

An accountant prepared the following post-closing trial balance: Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct....

You need a particular piece of equipment for your production process. An equipment-leasing company has offered to lease the equipment to you for $10,000 per year if you sign a guaranteed 5-year lease...

A bridge is expected to have maintenance and repair expenses of $20,000 in the first year. It is expected that these expenses will increase $5,000 per year thereafter during the bridge expected life...

please help me to solve the (d) Katec Corporation borrowed $71,000.00 at 3% compounded quarterly for 14 years to buy a warehouse, Equal payments are made at the end of every 3 months. (a) Determine...