Homework Answers
Here $5 = [(10%*current costs)+current costs]/22,000
Or 110,000 = 1.1*current costs
Or current costs = 110,000/1.1
= $100,000
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Macadam Corp. uses the weighted average method of process costing its cost per equivalent for direct...
Macadam Corp. uses the weighted average method of process costing. Its cost per equivalent unit for...
Macadam Corp. uses the weighted average method of process costing. Its cost per equivalent unit for direct materials was $4.00 this period, and it had 22,000 equivalent units for direct materials. Beginning inventory costs were 10% of current costs. How much were current costs? 0 BE U 0 SEE ET BE Multiple Choice 0 $58,000.00 0 $88.000.00 $80.000.00 52200000
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Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process...
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A department uses the weighted average method of process costing. All direct materials are added at...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 170 units in beginning WIP (66% complete with respect to conversion costs). 10,089 units started 102 units in ending WIP (64% complete with respect to conversion costs). $2,200 beginning WIP direct materials costs $2,218 beginning WIP conversion costs $97,006 current month direct materials costs $106,810 current month conversion costs What...
A department uses the weighted average method of process costing. All direct materials are added at...
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A department uses the weighted average method of process costing. All direct materials are added at...
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A department uses the weighted average method of process costing. All direct materials are added at...
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Mundes Corporation uses the weighted average method in its process costing system. The beginning work in...
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Macadam Corp. uses the weighted average method of process costing. Its cost per equivalent unit for direct materials was $4.00 this period, and it had 22,000 equivalent units for direct materials. Beginning inventory costs were 10% of current costs. How much were current costs? 0 BE U 0 SEE ET BE Multiple Choice 0 $58,000.00 0 $88.000.00 $80.000.00 52200000
Mundes Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,700 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,500. During the period, 9,700 units were completed and transferred on to the next department. The costs per equivalent unit for the period...
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