Business, 13.08.2021 01:00 stormserena
Craft Concept manufactures small tables in its Processing Department. Direct Materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to non-detectable materials defects. Inspection occurs at the end of the process. Spoiled units generally constitute 5 percent of the good units. Data for December are as follows:
WIP, beginning inventory 12/1/1220,000 units
Direct materials(100%complete)
Conversion costs (75% complete)
Started during December80,000 units
Completed and transferred out 12/31/1276,800 units
WIP, ending inventory 12/31/1216,000 units
Direct materials(100%complete)
Conversion costs (65% complete)
Costs for December
WIP, beginning inventory
Direct materials 100,000
Conversion costs60,000
Direct materials added200,000
Conversion costs added280,000
Required:
What is the total cost per equivalent unit using the weighted-average method of process costing?
Answers: 1
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
Business, 22.06.2019 11:00
Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative
Answers: 2
Business, 22.06.2019 11:10
Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.
Answers: 2
Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the companyβs monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Craft Concept manufactures small tables in its Processing Department. Direct Materials are added at...
History, 04.06.2020 13:19
Mathematics, 04.06.2020 13:19
English, 04.06.2020 13:19
Mathematics, 04.06.2020 13:19
Mathematics, 04.06.2020 13:19
Mathematics, 04.06.2020 13:19
Mathematics, 04.06.2020 13:19
Mathematics, 04.06.2020 13:19