Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a lean cell for each customer. The following information relates to only one customer's lean cell for the coming year. For the year, projected labor and overhead was $5,882,000 and materials costs were $27 per unit. Planned production included 5,536 hours to produce 17,300 motor drives. Actual production for August was 1,850 units, and motor drives shipped amounted to 1,380 units. Conversion costs are applied based on units of production From the foregoing information, determine the production costs transferred to Cost of Goods Sold during August. O a. $246,513 O b. $678,950 O c. $630,877 O d. $506,460

Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a lean cell for each customer. The following information relates to only one customer's lean cell for the coming year. For the year, projected labor and overhead was $5,882,000 and materials costs were $27 per unit. Planned production included 5,536 hours to produce 17,300 motor drives. Actual production for August was 1,850 units, and motor drives shipped amounted to 1,380 units. Conversion costs are applied based on units of production From the foregoing information, determine the production costs transferred to Cost of Goods Sold during August. O a. $246,513 O b. $678,950 O c. $630,877 O d. $506,460

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Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter13: Lean Manufacturing And Activity Analysis

Section: Chapter Questions

Problem 3PA: Lean accounting Dashboard Inc. manufactures and assembles automobile instrument panels for both eCar...

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