Business, 17.06.2020 20:57 tay8568

Sigua Sugar, Inc. in Florida has six processing departments for refining sugarlong dash—Affination,
Carbonation, Decolorization, Boiling, Recovery, and Packaging. Conversion costs are added evenly throughout each process. Data from the month of August for the Decolorization Department are asfollows:
Metric Tons
Beginning Work-in-Process Inventory 0
Transferred in production 12,200
Completed and transferred out to Boiling in August 7,200
Ending Work-in-Process Inventory 5,000
Costs
Beginning Work-in-Process Inventory $0
Costs added during August
Direct materials 2,100,000
Direct labor 1,030,000
Manufacturing overhead 600,000
Total costs added during August $3,730,000The ending Work-in-Process Inventory is 100% and 70% complete with respect to direct materials and conversion costs, respectively. Compute the equivalent units of production (EUP) for direct materials and for conversion costs for the month of August. The weighted-average method is used.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 03:10

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.

Answers: 3

Answer

Business, 22.06.2019 10:50

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?

Answers: 3

Answer

Business, 22.06.2019 15:20

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?

Answers: 2

Answer

Business, 22.06.2019 17:40

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc

Answers: 2

Answer

You know the right answer?

Sigua Sugar, Inc. in Florida has six processing departments for refining sugarlong dash—Affination,...

Questions