subject
Business, 16.03.2020 18:57 kam110800

Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: UnitsPercent Complete with Respect to Conversion Beginning work-in-process inventory 13,800 50% Started into production during June 105,000 Ending work-in-process inventory 26,600 80% According to the company's records, the conversion cost in beginning work-in-process inventory was $58,115 at the beginning of June. Additional conversion costs of $833,583 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month]

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:00
If a bond is issued at a premium the effective interest rate is most likely
Answers: 2
question
Business, 22.06.2019 07:00
Amarket that consists of all possible consumers regardless of their specific needs or wants is a
Answers: 1
question
Business, 22.06.2019 11:40
Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?
Answers: 1
question
Business, 22.06.2019 23:30
Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?
Answers: 3
You know the right answer?
Kansas Company uses the weighted-average method in its process costing system. Operating data for th...
Questions
question
English, 12.09.2021 03:20
question
Mathematics, 12.09.2021 03:20
question
History, 12.09.2021 03:20
question
Mathematics, 12.09.2021 03:20
question
Mathematics, 12.09.2021 03:20
Questions on the website: 13722367