The yield is the ratio of a.materials costs to conversion costs. b.materials costs to equivalent units....
The yield is the ratio of
a.materials costs to conversion costs.
b.materials costs to equivalent units.
c.the quantity of materials output to the quantity of materials input.
d.the quantity of materials input to the quantity of materials output.
Homework Answers
| The yield is the ratio of the quantity of materials output to the quantity of materials input. |
| Yield is used to measure the ratio of the materials output quantity to the materials input quantity |
| Yield is calculated as (Standard output × Standard cost) – (Actual output × Standard cost) |
| Option C is correct |
Add Answer to:
The yield is the ratio of
a.materials costs to conversion costs.
b.materials costs to equivalent units....
Waterway Manufacturing is trying to determine the equivalent units for conversion costs with 2700 units of...
Waterway Manufacturing is trying to determine the equivalent
units for conversion costs with 2700 units of ending Work in
Process at 70% completion and 15500 physical units that are 100%
complete as to materials. There are no beginning units in the
department. Materials are added at the beginning of the process,
and conversion costs occur evenly throughout the entire production
period. What are the equivalent units for conversion costs for the
current period if the weighted-average method is used?
18200...
Questions: 1. Compute the equivalent units of production for materials and conversion costs for the month...
Questions:
1. Compute the equivalent units of production for materials and
conversion costs for the month of September.
The equivalent units of production
Materials:
Conversion Costs:
?
?
2. Compute the unit costs for materials and conversion costs for
the month. (round unit costs to 2 decimals places)
Unit Costs
Materials:
Conversion Costs:
?
?
3. Determine the costs to be assigned to the units transferred
out and in process. (round unit costs to 2 decimal places)
Transferred out:
$...
In Lopez Company, total material costs are $36,000, and total conversion costs are $54,000. Equivalent units...
In Lopez Company, total material costs are $36,000, and total conversion costs are $54,000. Equivalent units of production are materials 10,000 and conversion costs 12,000.Compute the unit costs for materials, conversion costs, and total manufacturing costs. (Round answers to 2 decimal places, e.g. 2.25.) Materials cost per unit Conversion cost per unit Total manufacturing cost per unit
what are the equivalent units for conversion costs for the month in the first processing department?...
what are the equivalent units for conversion costs for the
month in the first processing department?
Heller Corporation uses the weighted average method in its process costing first processing department for the most recent month are listed below: in its process costing system. Data concerning the Beginning work in process inventory: Units in beginning work in process inventory ..... Materials costs..................... Conversion costs.............. Percent complete with respect to materials. Percent complete with respect to conversion. Units started into production during...
In Mordica Company, total materials costs are $38,000, and total conversion costs are $57,000. Equivalent units...
In Mordica Company, total materials costs are $38,000, and total conversion costs are $57,000. Equivalent units of production are materials 10,000 and conversion costs 12,000. Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, e.g. 2.25.) Materials cost per unit $enter a dollar amount rounded to 2 decimal places Conversion cost per unit $enter a dollar amount rounded to 2 decimal places
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 6,732 tons in...
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 6,732 tons in beginning work in process inventory (50% complete) on October 1. During October, 74,800 tons were completed. The ending work in process inventory on October 31 was 3,740 tons (20% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. X units Check My Work Are you determining the equivalent units of materials added or of conversion of materials?...
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 4,662 tons in...
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 4,662 tons in beginning work in process inventory (60% complete) on October 1. During October, 66,600 tons were completed. The ending work in process inventory on October 31 was 4,662 tons (20% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. 67,532 X units Feedback Check My Work Are you determining the equivalent units of materials added or of conversion...
Equivalent Units of Production: Transferred In 3,300 Direct Materials 3,100 Conversion Costs 1,860 Costs: Total Added...
Equivalent Units of Production: Transferred In 3,300 Direct Materials 3,100 Conversion Costs 1,860 Costs: Total Added this Month 18,500 $ Transferred In Es Beginning WIP 7,900 $ 3,050 2,275 Direct Materials 3,150 14,000 26,400 6,200 16,275 Conversion Costs 13,225 $ 35,650 $ 48,875 Total Transferred Direct Conversion Total Costs COSTS In Materials Costs Costs to account for: Total costs to account for Total costs to account for Cost per equivalent unit
Sunland Industries has equivalent units of 7600 for materials and for conversion costs. Total manufacturing costs...
Sunland Industries has equivalent units of 7600 for materials and for conversion costs. Total manufacturing costs are $132760. Total materials costs are $94000. How much is the conversion cost per unit? $12.37. $5.10. $29.84 $17.47 In Bonita, Inc., the Assembly Department started 59700 units and completed 70200 units. If beginning work in process was 30300 units, how many units are in ending work in process? 0. 19800 10500 39900.
HOMEWORK Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 5,589 tons...
HOMEWORK Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 5,589 tons in beginning work in process inventory (10% complete) on October 1. During October, 62,100 tons were completed. The ending work in process inventory on October 31 was 4,347 tons (70% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. x units Feedback Check My Work Are you determining the equivalent units of materials added or of conversion...
Waterway Manufacturing is trying to determine the equivalent
units for conversion costs with 2700 units of ending Work in
Process at 70% completion and 15500 physical units that are 100%
complete as to materials. There are no beginning units in the
department. Materials are added at the beginning of the process,
and conversion costs occur evenly throughout the entire production
period. What are the equivalent units for conversion costs for the
current period if the weighted-average method is used?
18200...
Questions:
1. Compute the equivalent units of production for materials and
conversion costs for the month of September.
The equivalent units of production
Materials:
Conversion Costs:
?
?
2. Compute the unit costs for materials and conversion costs for
the month. (round unit costs to 2 decimals places)
Unit Costs
Materials:
Conversion Costs:
?
?
3. Determine the costs to be assigned to the units transferred
out and in process. (round unit costs to 2 decimal places)
Transferred out:
$...
what are the equivalent units for conversion costs for the
month in the first processing department?
Heller Corporation uses the weighted average method in its process costing first processing department for the most recent month are listed below: in its process costing system. Data concerning the Beginning work in process inventory: Units in beginning work in process inventory ..... Materials costs..................... Conversion costs.............. Percent complete with respect to materials. Percent complete with respect to conversion. Units started into production during...
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 6,732 tons in beginning work in process inventory (50% complete) on October 1. During October, 74,800 tons were completed. The ending work in process inventory on October 31 was 3,740 tons (20% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. X units Check My Work Are you determining the equivalent units of materials added or of conversion of materials?...
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 4,662 tons in beginning work in process inventory (60% complete) on October 1. During October, 66,600 tons were completed. The ending work in process inventory on October 31 was 4,662 tons (20% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. 67,532 X units Feedback Check My Work Are you determining the equivalent units of materials added or of conversion...
Equivalent Units of Production: Transferred In 3,300 Direct Materials 3,100 Conversion Costs 1,860 Costs: Total Added this Month 18,500 $ Transferred In Es Beginning WIP 7,900 $ 3,050 2,275 Direct Materials 3,150 14,000 26,400 6,200 16,275 Conversion Costs 13,225 $ 35,650 $ 48,875 Total Transferred Direct Conversion Total Costs COSTS In Materials Costs Costs to account for: Total costs to account for Total costs to account for Cost per equivalent unit
Sunland Industries has equivalent units of 7600 for materials and for conversion costs. Total manufacturing costs are $132760. Total materials costs are $94000. How much is the conversion cost per unit? $12.37. $5.10. $29.84 $17.47 In Bonita, Inc., the Assembly Department started 59700 units and completed 70200 units. If beginning work in process was 30300 units, how many units are in ending work in process? 0. 19800 10500 39900.
HOMEWORK Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 5,589 tons in beginning work in process inventory (10% complete) on October 1. During October, 62,100 tons were completed. The ending work in process inventory on October 31 was 4,347 tons (70% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. x units Feedback Check My Work Are you determining the equivalent units of materials added or of conversion...
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