ACC 561 Assignment Wiley Plus Week 3
This paperwork ACC 561 Assignment Wiley Plus Week 3 includes answers to these exercises:
In January, Reyes Tool & Dye requisitions raw materials for production as follows: Job 1 $900, Job 2 $1,200, Job 3 $700, and general factory use $600.
During January, time tickets show that the factory labor of $5,000 was used as follows: Job 1 $1,200, Job 2 $1,600 Job 3 $1,400, and general factory use $800.
Prepare the job cost sheets for each of the three jobs
Doc Gibbs has prepared the following list of statements about process cost accounting.
Identify each statement as true or false.
Peter Catalano's Verde Vineyards in Oakville, California produces three varieties of wine: Merlot, Viognier, and Pinot Noir. His winemaster, Kyle Ward, has identified the following activities as cost pools for accumulating overhead and assigning it to products. For each of Verde's fifteen activity cost pools, identify a probable cost driver that might be used to assign overhead costs to its three wine varieties.