Homework Answers
Answer: 487424
unit transferred to next department= unit in beginning work in process+unit started to production- units in ending work in process
= 7300+52400-5300=54400
Cost per equivalent unit =8.96
cost of unit completed and transferred out = unit transferred to next department* cost per equivalent unit
= 54400*8.96
=487424
Add Answer to:
Sanchez Corporation uses the weighted average method in its process costing system. The Fitting Department is the se...
Saada Corporation uses the weighted-average method in its process costing system. The Fitting Department is the...
Saada Corporation uses the weighted-average method in its process costing system. The Fitting Department is the second department in its production process. The data below summarize the department’s operations in March. Units Percent Complete with Respect to Conversion Beginning work in process inventory 4,500 20 % Transferred in from the prior department during March 59,800 Ending work in process inventory 8,000 60 % The Fitting Department’s cost per equivalent unit for conversion cost for March was $6.03. How much conversion...
Saada Corporation uses the weighted-average method in its process costing system. The Fitting Department is the second d...
Saada Corporation uses the weighted-average method in its process costing system. The Fitting Department is the second department in its production process. The data below summarize the department’s operations in March. Percent Complete with Respect to Conversion Beginning work in process inventory 7,700 20 % Transferred in from the prior department during March 63,000 Ending work in process inventory 11,200 60 % The Fitting Department’s cost per equivalent unit for conversion cost for March was $6.19. How much conversion cost...
ABC Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
ABC Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Units Respect to Conversion Beginning work in process inventory 5,100 70% Transferred in from the prior department during January 59,000 Completed and transferred to the next department during January 56,800 Ending work in process inventory 7,300 40% The accounting records indicate that the conversion cost that...
Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
Paceheco Corporation uses the
weighted-average method in its process costing system. The Molding
Department is the second department in its production process. The
data below summarize the department’s operations in January. Units
Percent Complete with Respect to Conversion Beginning work in
process inventory 5,200 70 % Transferred in from the prior
department during January 59,100 Completed and transferred to the
next department during January 56,900 Ending work in process
inventory 7,400 40 % The accounting records indicate that the
conversion...
3. (2 points) Sarah Company uses the weighted average method in its process costing system. The...
3. (2 points) Sarah Company uses the weighted average method in its process costing system. The company's ending work in process inventory consists of 5,000 units, 80% complete with respect to materials and 50% complete with respect to labor and overhead. If the total dollar value of the ending inventory is $60,000 and the cost per equivalent unit for labor and overhead is $8.00, the cost per equivalent unit for materials must be: A. $5.00 B. $10.00 C. $8.00 D....
Corporation uses the weighted average method in its process costing system. The Molding Department is the...
Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete Respect to Conversion Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 8,000 66,800 8,200 BOX The Molding Department's cost per equivalent unit for conversion cost for cary...
Raider Corporation uses the weighted average method in its process costing system. The Molding Department is...
Raider Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Conversion 10% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 9,300 80,000 79,800 9,500 80% The Molding Department's cost per equivalent unit for...
Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is...
Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Conversion 70% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 5,900 59,800 57,600 8,100 40% The accounting records indicate that the conversion cost...
Ravait Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
Ravait Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process The data below summarize thedepartment's operations in January Percent Complete with Respect to Conversion 86 % Units Beginning work in process inventory Transferred in from the prior department during 3.600 57200 January Completed and transferred to the next department during January Ending work in process inventory 55,000 5,800 B0 % The Molding Department's cost per equivalent unit for...
8. Paxton Corporation uses the weighted-average method in its process costing system. The Molding Department is...
8. Paxton Corporation uses the weighted-average method in its
process costing system. The Molding Department is the second
department in its production process. The data below summarize the
department's operations in January.
The accounting records indicate that the conversion cost that had
been assigned to beginning work in process inventory was $10,973
and a total of $268,107 in conversion costs were incurred in the
department during January.
What was the cost per equivalent unit for conversion costs for
January in...
ABC Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Units Respect to Conversion Beginning work in process inventory 5,100 70% Transferred in from the prior department during January 59,000 Completed and transferred to the next department during January 56,800 Ending work in process inventory 7,300 40% The accounting records indicate that the conversion cost that...
Paceheco Corporation uses the
weighted-average method in its process costing system. The Molding
Department is the second department in its production process. The
data below summarize the department’s operations in January. Units
Percent Complete with Respect to Conversion Beginning work in
process inventory 5,200 70 % Transferred in from the prior
department during January 59,100 Completed and transferred to the
next department during January 56,900 Ending work in process
inventory 7,400 40 % The accounting records indicate that the
conversion...
3. (2 points) Sarah Company uses the weighted average method in its process costing system. The company's ending work in process inventory consists of 5,000 units, 80% complete with respect to materials and 50% complete with respect to labor and overhead. If the total dollar value of the ending inventory is $60,000 and the cost per equivalent unit for labor and overhead is $8.00, the cost per equivalent unit for materials must be: A. $5.00 B. $10.00 C. $8.00 D....
Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete Respect to Conversion Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 8,000 66,800 8,200 BOX The Molding Department's cost per equivalent unit for conversion cost for cary...
Raider Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Conversion 10% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 9,300 80,000 79,800 9,500 80% The Molding Department's cost per equivalent unit for...
Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Conversion 70% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 5,900 59,800 57,600 8,100 40% The accounting records indicate that the conversion cost...
Ravait Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process The data below summarize thedepartment's operations in January Percent Complete with Respect to Conversion 86 % Units Beginning work in process inventory Transferred in from the prior department during 3.600 57200 January Completed and transferred to the next department during January Ending work in process inventory 55,000 5,800 B0 % The Molding Department's cost per equivalent unit for...
8. Paxton Corporation uses the weighted-average method in its
process costing system. The Molding Department is the second
department in its production process. The data below summarize the
department's operations in January.
The accounting records indicate that the conversion cost that had
been assigned to beginning work in process inventory was $10,973
and a total of $268,107 in conversion costs were incurred in the
department during January.
What was the cost per equivalent unit for conversion costs for
January in...
Most questions answered within 3 hours.
-
In response to concerns about nutritional contents of fast
foods, McDonald's has announced that it will...
asked 14 minutes ago -
A gun with inertia 5.5 kg fires a 13-g bullet at a stationary
target located 1.0...
asked 16 minutes ago -
A box contains twenty-five screws which are identical in size,
but 13 of which are copper...
asked 18 minutes ago -
“Is it possible that objectively
a product is high quality but subjectively low
quality?”
Please support...
asked 20 minutes ago -
OCHEM LAB
Why does hydration of 2-methyl-3-butyn-2-ol give the ketone,
3-hydroxy-3-methyl-2-butanone (4), rather than the aldehyde,...
asked 29 minutes ago -
A sample of gas at 15 ⁰C and 0.988 atm has a volume of 2.58
liters....
asked 36 minutes ago -
Enzymes are required in retroviruses because the genome
is not used directly as mRNA (T/F)
Please...
asked 35 minutes ago -
An AC generator supplies an rms voltage of 240 V at 50.0 Hz. It
is connected...
asked 47 minutes ago -
Raising taxes on wealthy Americans won’t be enough to deal with the
nation’s budget deficit. Some...
asked 31 minutes ago -
A bacterium (mass = 2.27 x 10−15 kg) in the blood is moving at
0.306 m/s....
asked 34 minutes ago -
look at the Fourth Lateran Council's Canon 18, and argue why a
defendant should not be...
asked 34 minutes ago -
An electron moves at 2.60×106 m/s through a region in
which there is a magnetic field...
asked 46 minutes ago