Please help with accounting homework
Answer
Please help with accounting homework Nettle Co. uses process costing to account for the production of...
Nettle Co. uses process costing to account for the production of rubber balls. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 17,400 units for materials and 17,000 units for conversion costs. Beginning inventory consisted of $5,500 in materials and $13,200 in conversion costs. April costs were $32,300 for materials and $62,050 for conversion costs. Ending inventory still in process was 9,350 units...
Norte Coses process conting to account for the production of rubber bols. Direct mais resided at the beging of the process and conversion costs are curred for throughout the process. Equivalent units have been calculated to be 19.300 units for materials and 3.900 units for conversion costs. Beging vertory condo $7500 m d $19,905 conversion April costs were $37.800 formats and $74555 for conversion costs Ending inventory in process was 9.450 100 complete for mais so for conversion. The souvent...
Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory consisted of $32,000 in materials and $44,000 in conversion costs. April costs were $90,000 for materials and 589.000 for conversion costs. During April 14600 units were completed. Ending work in process inventory was 5.800 units (100% complete formaterials, so for conversion. The total cost per unt...
Brody Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory for January consisted of 1,000 units that were 40% completed. 10,000 units were started into the process during January. On January 31, the inventory consisted of 500 units that were 70% completed. What would be the equivalent units for conversion cost using the weighted average method?
Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 705,000 units of product to finished goods. At the end of November, the work in process inventory consists of 204,000 units that are 50% complete with respect to conversion. Beginning inventory had $354,510 of direct materials and $201,750 of conversion cost. The direct material...
Brody Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory for January consisted of 1,080 units that were 55% completed. 10,500 units were started into the process during January. On January 31, the inventory consisted of 600 units that were 30% completed. What would be the equivalent units for conversion cost using the weighted average method? 10.500 ( 11.580 Оооо...
Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 705,000 units of product to finished goods. At the end of November, the work in process inventory consists of 204,000 units that are 50% complete with respect to conversion. Beginning inventory had $354,510 of direct materials and $201,750 of conversion cost. The direct material...
Brody Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory for January consisted of 1,100 units that were 65% completed. 10,800 units were started into the process during January. On January 31, the inventory consisted of 600 units that were 50% completed. What would be the equivalent units for conversion cost using the weighted average method? a) 11,200 b)11,600 c)...
Brody Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory for January consisted of 1,060 units that were 50% completed. 11,500 units were started into the process during January. On January 31, the inventory consisted of 300 units that were 70% completed. What would be the equivalent units for direct materials cost using the weighted average method? Multiple Choice 11,810...
Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 700,000 units of product to finished goods. At the end of November, the work in process inventory consists of 180,000 units that are 30% complete with respect to conversion. Beginning inventory had $420,000 of direct materials and $139,000 of conversion cost. The direct material cost...