subject
Business, 02.06.2021 21:40 toyaluv2013

Process Excellence (PE), Inc., has two production departments: Mixing and Packaging. Mixing DepartmentPackaging DepartmentWarehouseAt the Packaging Department, all materials are added at the beginning of the process. Labor and overhead (conversion resources) are added evenly throughout the process. The following information pertains to the Packaging Department for the month of July. Physical UnitsTransferred-In work-in-process inventory900 units(60% complete)$10,680$3,888$5,130Units completed6,000 unitsEnding work-in-process inventory500 units(50% complete)Costs added in July199,920a42,91254,245a This is the cost of goods completed and transferred out of the Mixing Department in July using the weighted-average method. Required: 1. Determine the number of units started in July.2. Compute the equivalent units using the weighted-average method.3. Compute the cost per equivalent unit using the weighted-average method.4. Compute the costs of goods transferred out and the ending work-in-process inventory using the weighted-average method.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 00:50, katie673
At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you
Answers: 1
image
Business, 22.06.2019 11:20, murarimenon
Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?
Answers: 2
image
Business, 22.06.2019 17:00, nawaphon1395
Alpha company uses the periodic inventory system for purchase & sales of merchandise. discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. unless otherwise noted, fob destination will apply to all purchases & sales. the value of inventory is based on periodic system. on january 1, 2016, beginning inventory consisted of 350 units of widgets costing $10 each. alpha prepares monthly income statements. the following events occurred during the month of jan.: dateactivitya. jan. 3purchased on account 350 widgets for $11 each. b.jan. 5sold on account 400 widgets for $30 each. paid freight out with petty cash of $150.c. jan. 10purchased on account 625 widgets for $12 each. d.jan. 11shipping cost for the january 10 purchased merchandise was $400 was paid with a cheque by alpha directly to the freight company. e.jan. 12returned 50 widgets received from jan. 10 purchase as they were not the correct item ordered. f.jan. 13paid for the purchases made on jan. 3.g. jan. 21sold on account 550 widgets for $30 each. paid freight out with petty cash of $250.h. jan. 22authorize credit without return of goods for 50 widgets sold on jan. 21 when customer advised that they were received in defective condition. i.jan. 25received payment for the sale made on jan. 5.j. jan. 26paid for the purchases made on jan. 10.k. jan. 31received payment for the sale made on jan. 21.use this information to prepare the general journal entries (without explanation) for the january events. if no entry is required then enter the date and write "no entry required."
Answers: 2
image
Business, 23.06.2019 08:30, ashiteru123
Blake edwards has done some research and has discovered that economists believe interest rates will rise significantly over the next two years. blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. this is an example of influencing jobs in the future.
Answers: 1
You know the right answer?
Process Excellence (PE), Inc., has two production departments: Mixing and Packaging. Mixing Departme...

Questions in other subjects: