How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask DanielleCPA Your Own Question

DanielleCPA, CPA
Category: Business and Finance Homework
Satisfied Customers: 784
Experience:  CPA with Accounting degree and focus on Business
Type Your Business and Finance Homework Question Here...
DanielleCPA is online now
A new question is answered every 9 seconds

On 1 January 2012, the total costs for 1

Customer Question

On 1 January 2012, the total costs for 100,000 partially completed units amounted to $479,936 of which $94,000 were material costs.
• The factory started production on approximately 6,000,000 units during the year.
• There were 200,000 partially completed units costing a total of $191,936 on 30 December 2012, prior to the factory’s year-end closure on 31 December 2012.
• Direct materials brought forward from 2011 were $400,000. The Procurement Manager made a total purchase of $1,625,000 during the year. On 29 December 2012, only $350,000 was left in the store. Direct materials are input at the beginning of the production process.
• 20 out of the total 120 staff worked in the administrative office. The remaining 100 were highly-skilled production technicians and operators who were paid an average of $25 per hour. Each of them worked an average of 120 hours per month from January to December.
• Indirect materials and labour were $20,000 and $120,000 respectively.
• Factory and equipment depreciation was $800,000.
• As most of the machines were old, $400,000 was incurred for repair and maintenance expenses.
• The weighted average method is used to value inventory.

(a) Identify and estimate the costs incurred for production during the year for Direct Materials, Direct Labour and Overheads respectively.
(b) Prepare a Production Report for the year 2012 for Bronson Corporation. What is the percentage of completion of the ending work-in-progress on 31 December 2012?
Submitted: 2 years ago.
Category: Business and Finance Homework
Expert:  DanielleCPA replied 2 years ago.
Welcome and thanks for your question!

What of your deadline for this? Thanks for requesting me, but I am not going to be available to answer this until after 6 pm central time this evening. If your deadline is prior to that, I will opt out so that another expert may assist you.
Customer: replied 2 years ago.

It's okay then... I think I figured it out :)

Expert:  DanielleCPA replied 2 years ago.
Ok. I send this to the moderators to close out.

Thanks again for requesting me.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Previous | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX

Meet The Experts:

  • linda_us


    Master's Degree

    Satisfied Customers:

    A tutor for Business, Finance, Accounts and other related topics.
< Last | Next >
  • linda_us's Avatar


    Master's Degree

    Satisfied Customers:

    A tutor for Business, Finance, Accounts and other related topics.
  • F. Naz's Avatar

    F. Naz

    Bachelor's Degree

    Satisfied Customers:

    Have completed B.COM and CA Finalist
  • Bizhelp's Avatar



    Satisfied Customers:

    BA degree and Certified Public Accountant
  • Mr. Gregory White's Avatar

    Mr. Gregory White

    Master's Degree

    Satisfied Customers:

    M.A., M.S. Education / Educational Administration
  • Brittany's Avatar



    Satisfied Customers:

    AA/Accounting BS/Business
  • Dimitry K., Esq.'s Avatar

    Dimitry K., Esq.

    Doctoral Degree

    Satisfied Customers:

    JD/MBA, Business Attorney
  • SusanAthena's Avatar


    Master's Degree

    Satisfied Customers:

    12 years experience consulting & management