Business, 29.10.2021 14:20 Dreambig85

Carter Inc. had the following production and cost information for its fabrication department during April (with materials added at the beginning of the fabrication process): Production:
Units in process, April 1, 50% complete with respect to conversion 10,000
Units completed 65,200
Units in process, April 30, 60% complete 12,000
Costs:
Work in process, April 1:
Materials $40,980
Conversion costs 14,600
Total $55,580
Current costs:
Materials $125,000
Conversion costs 210,000
Total $335,000
Carter uses the weighted average method.
Required:
1. Prepare an equivalent units schedule.
2. Calculate the unit cost. Round all intermediate calculations and final answer to the nearest cent.
$per unit
3. Calculate the cost of units transferred out and the cost of EWIP. In your calculations round unit cost to the nearest cent and your final answers to the nearest dollar.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:30, bigJ4864

Goods and services that can be used for the same purpose are and goods and services that are used together are

Answers: 1

continue

Business, 22.06.2019 07:00, kaishat1092

Need true or false 1 2 3 4 5 6 7 8

Answers: 1

continue

Business, 22.06.2019 12:50, emarquez05

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Answers: 2

continue

Business, 22.06.2019 13:50, vegeta8375

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.

Answers: 1

continue

You know the right answer?

Carter Inc. had the following production and cost information for its fabrication department during...