Exercise 16-11 (Part Level Submission)
The Polishing Department of Major Company has the following
production and manufacturing cost data for September. Materials are
entered at the beginning of the process.
Production: Beginning inventory 1,860 units that are 100%
complete as to materials and 30% complete as to conversion costs;
units started during the period are 45,100; ending inventory of
5,700 units 10% complete as to conversion costs.
Manufacturing costs: Beginning inventory costs, comprised
of $20,800 of materials and $42,944 of conversion costs; materials
costs added in Polishing during the month, $226,210; labor and
overhead applied in Polishing during the month, $125,900 and
$258,240, respectively.
B) Compute the unit costs for materials and conversion costs for the month.
MATERIAL UNIT COSTS = $5.26
CONVERSION UNIT COSTS = ? $9.18 IS WRONG
Exercise 16-11 (Part Level Submission) The Polishing Department of Major Company has the following production and...
Exercise 16-11 (Part Level Submission) The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,860 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 45,100; ending inventory of 5,700 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,800 of materials and $42,944 of...
Exercise 16-11 (Part Level Submission) The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,570 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 46,000; ending inventory of 6,300 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,900 of materials and $64,690 of...
Exercise 16-11 (Part Level Submission) The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,520 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 41,300; ending inventory of 7,300 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $21,600 of materials and $12,585 of...
Please help with Part C Exercise 16-11 (Part Level Submission) The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,730 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 46,900; ending inventory of 7,700 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $22,100...
Exercise 16-11 The Polishing Department of Major Company has the following production and manufacturi cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,580 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 45,500; ending inventory of 5,200 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $21,400 of materials and $58,044 of conversion costs; materials...
The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,580 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 41,000; ending inventory of 6,900 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,100 of materials and $12,620 of conversion costs; materials costs added...
The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,580 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 46,000; ending inventory of 6,400 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,900 of materials and $63,834 of conversion costs; materials costs added...
The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,560 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 41,700; ending inventory of 6,600 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,400 of materials and $12,418 of conversion costs; materials costs added...
-/1 Current Attempt in Progress The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,580 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 45,500; ending inventory of 5,200 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $21,400 of materials and $57,620 of...
The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,580 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 41,200; ending inventory of 6,600 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,600 of materials and $14,674 of conversion costs; materials costs added...