Business, 17.04.2020 16:52 volleyballfun24

Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1,100 Materials costs $ 13,200 Conversion costs $ 5,300 Percent complete with respect to materials 75 % Percent complete with respect to conversion 20 % Units started into production during the month 9,800 Units transferred to the next department during the month 8,700 Materials costs added during the month $ 172,300 Conversion costs added during the month $ 242,300 Ending work in process inventory: Units in ending work in process inventory 2,200 Percent complete with respect to materials 90 % Percent complete with respect to conversion 30 % The cost per equivalent unit for materials for the month in the first processing department is closest to:

a. $15.74
b. $17.37
c. $16.99
d. $16.05

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 14:00

Which change is illustrated by the shift taking place on this graph? an increase in demanda decrease in demandan increase in supplya decrease in supply

Answers: 1

Answer

Business, 21.06.2019 16:00

Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the

Answers: 1

Answer

Business, 22.06.2019 08:20

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

Answers: 3

Answer

Business, 22.06.2019 10:00

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.

Answers: 1

Answer

You know the right answer?

Inacio Corporation uses the weighted-average method in its process costing system. Data concerning t...

Questions