Business, 10.09.2021 18:00 reddmeans6

During April, the first production department of a process manufacturing system completed its work on 305,000 units of a product and transferred them to the next department. Of these transferred units, 61,000 were in process in the production department at the beginning of April and 244,000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 83,000 additional units were in process in the production department and were 85% complete with respect to materials and 35% complete with respect to conversion. The production department had $779 288 of direct materials and $659,797 of conversion costs charged to it during April. Also, its April beginning inventory of $163,740 consists of $122,032 of direct materials cost and $41708 of conversion costs.

Required:
a. Compute the direct materials cost per equivalent unit for April.
b. Compute the conversion cost per equivalent unit for April.
c. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 17:30, chrisd2432

Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?

Answers: 2

continue

Business, 22.06.2019 21:00, graysonisok

Noah met an old friend at a coffee shop. he jotted down the friend's new phone number, but later that afternoon he could not find it or remember what he had done with it. a couple of days later, noah went back to the coffee shop, and while waiting in line, he suddenly remembered where he had put the phone number. this is an example of:

Answers: 1

continue

Business, 23.06.2019 00:30, ash848

Considered to be a "super tool" or tool that has high use and high potential for improving project success?

Answers: 3

continue

Business, 23.06.2019 02:20, lenaeeee

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)

Answers: 1

continue

You know the right answer?

During April, the first production department of a process manufacturing system completed its work o...