Rooftop Gutters Produces Polyurethane Gutters and Uses Process Costing $\text { The following costs are available for April: }$

question 119

Multiple Choice

Rooftop Gutters produces polyurethane gutters and uses process costing.All materials are added at the start of the Forming Department process.The following information is available for units produced in the Forming Department for the month of April: $\begin{array}{lll}\text {Beginning Work in Process, in linear feet }&\\\text {(20\% complete with respect to conversion costs) }&11,500\\\text {Units started }&42,000\\\text { Ending Work in Process, in linear feet}&\\\text {(60\% complete with respect to conversion costs) }&9,000\\\text {Units completed}&44,500\\\end{array}$
$\text { The following costs are available for April: }$

$\begin{array}{lrrr}&\text { Material }&\text { Conversion Cost }&\text { Total Cost }\\\text { Beginning Work in Process } & \$ 11,600 & \$ 8,540 & \$ 20,140 \\\text { Current cost } & 63,300 & 21,400 & 84,700\\\text { Total cost }&\$74,900&\$29,940&\$104,840\end{array}$ What is the sum of total costs to account that will appear on the production cost report for April
For the Forming Department?

• A)$74,900
• B)$104,840
• C)$29,940
• D)$144,760

Understand the effects of a partner's withdrawal on the remaining partners' capital accounts.

Acknowledge the accounting treatment and implications of asset revaluation upon the admission of a new partner.

Learn the financial consequences of ownership interest transactions among partners and third parties.

Understand how the admission of a new partner by contributing assets or buying an interest affects the partnership's owners' equity.

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Definitions:

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The head of state and government of the United States of America, elected to a four-year term and responsible for the execution of federal laws and the administration of national policies.

Rutherford B Hayes

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