Business, 21.05.2021 17:10 shimmerandshine1

Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Direct Materials Conversion
Units Completed and transferred out 56,000 56,000
Units in Ending Work in Process:
Direct Materials (15,000 * 100%) 15,000
Conversion (15,000 * 70%) 10,500
Equivalent Units of Production 71,000 66,500
Cost per Equivalent Unit
Costs of beginning work in process $40,800 $60,100
Costs incurred this period 136,900 184,300
Total costs $177,700 $244,400
Cost per equivalent unit $2.50 per EUP $3.68 per EUP

The total conversion costs transferred out of the Canning Department equals:

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:20, nonispn606

20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units

Answers: 1

continue

Business, 22.06.2019 10:20, alayciaruffin076

What two things do you consider when evaluating the time value of money

Answers: 1

continue

Business, 22.06.2019 12:30, victorialeona81

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.

Answers: 1

continue

Business, 22.06.2019 14:30, rakanmadi87

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Answers: 1

continue

You know the right answer?

Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equiva...