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Leisure-Time (LT)Sports Manufactures and Distributes Two Types of Tennis Rackets

Question 84

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Leisure-Time (LT)Sports manufactures and distributes two types of tennis rackets: Ace Master (AM)and Smash Supreme (SS).Both types of rackets go through Operations 1 and 3.SS also goes through Operation 2,which adds a layer of graphite for additional strength.All material is added at the beginning of their respective operations.
The following information relates to a work order from Discount Warehouse,Inc.for 30,000 units of AM (Work order #286)and 8,000 units of SS (Work order #354).
Required:
Assume that there are 3,000 units of AM and 2,000 units of SS in Operation 3 at the end of the reporting period 45% and 65% complete respectively.Compute the ending inventory for Operation #3.
Leisure-Time (LT)Sports manufactures and distributes two types of tennis rackets: Ace Master (AM)and Smash Supreme (SS).Both types of rackets go through Operations 1 and 3.SS also goes through Operation 2,which adds a layer of graphite for additional strength.All material is added at the beginning of their respective operations. The following information relates to a work order from Discount Warehouse,Inc.for 30,000 units of AM (Work order #286)and 8,000 units of SS (Work order #354). Required: Assume that there are 3,000 units of AM and 2,000 units of SS in Operation 3 at the end of the reporting period 45% and 65% complete respectively.Compute the ending inventory for Operation #3.

Correct Answer:

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Job 286: $...

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