Oak Ridge Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 45,500 tons from the Casting Department. During July, the Rolling Department completed 57,500 tons, including 13,800 tons of work in process on July 1. The ending work in process inventory on July 31 was 1,800 tons. How many tons were started and completed during July?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Oak Ridge Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The unadjusted trial balance for Supplies shows a normal balance of $634. If $432 of supplies were used during the period, the adjusted balance for Supplies would be a:
Answers (1)
On November 1, year 1, ABC, Inc., received a 3-month, 8%, $1,500 note receivable with interest and principal to be collected on February 1 of year 2. What is the amount of interest revenue that should be recorded for year 1
Answers (1)
On April 1, the company hired an attorney for a flat monthly fee of $3,500. Payment for April legal services was made by the company on May 12. As of April 30, $3,000 of interest expense has accrued on a note payable.
Answers (1)
Select the correct answer. David was planning the launch of a waste-treatment facility in the suburbs. He had already lined up the machinery that he would need to buy for his factory.
Answers (1)
Triblock Industries has a defined benefit pension plan. Using a discount rate of 6%, the actuary estimated the company's projected benefit obligation (PBO) to be $278,343 and $309,796 at the beginning and end of the current year, respectively.
Answers (1)
New Questions in Business
Layla Fox is a creative, imaginative, artistically sensitive individual who loves to take on new opportunities. She is a successful manager who believes that she makes her own destiny through hard work and listening to people.
Answers (1)
Bramble Corp. had the following transactions during 2017: 1. Issued $235000 of par value common stock for cash. 2. Recorded and paid wages expense of $112800. 3. Acquired land by issuing common stock of par value $94000. 4.
Answers (1)
In a process cost system, a work in process account is maintained for each process. one work in process account is maintained for all the processes, similar to a job order cost system. a work in process account is maintained for each product.
Answers (1)
If a company is concerned about lending money to a risky customer, which one of the following would it not want to do? Require the customer to pay cash in advance. Provide the customer a lengthy payment period to increase the chance of paying.
Answers (1)
In his work with companies, henry gantt found that workers achieved their best performance levels if they were trained first. true false
Answers (1)