Acme birds inc produces bird seeds all direct materials

Assignment Help Accounting Basics
Reference no: EM13581591

Acme Birds, Inc. produces bird seeds. All direct materials used in the production process are added at the beginning of the manufacturing process. Labor and overhead are added evenly thereafter, as each unit is mixed and packaged. Acme Birds uses process costing and had the following unit production information available for the months of June and July;

  • Number of units in beginning work in process inventory 0 150
  • Number of units started during the month 750 950

Total number of units transferred to finished goods 600 850

The units remaining in work in process at the end of June were 30% complete. During the month of July, all of the beginning work in process units was completed and the units remaining in work in process at the end of the month were 60% completed.

a. For the month of June, the number of equivalent units of direct materials produced was:

b. For the month of June, the number of equivalent units of labor and overhead produced was:

c. For the month of July, the number of equivalent units of direct materials produced was:

d. For the month of July, the number of equivalent units of direct materials produced was:

Reference no: EM13581591

Questions Cloud

Summit has learned that a competitor plans to introduce a : . susummit products inc. is interested in producing and selling an improved widget. market research indicates that
Even better produces gummy worms that it sells in pocket : problem 3 - even better produces gummy worms that it sells in pocket size boxes. it uses direct labor hours as the cost
Lincoln products manufactures and distributes three types : lincoln products manufactures and distributes three types of golf clubs beginners intermediate and advanced. the
Match each of the following perspectives of the balanced : marrs company is implementing a balanced scorecard approach to improve performance. match each of the following
Acme birds inc produces bird seeds all direct materials : acme birds inc. produces bird seeds. all direct materials used in the production process are added at the beginning of
On january 1 2012 durdil co borrowed and received 670000 : on january 1 2012 durdil co. borrowed and received 670000 from a major customer evidenced by a zero-interest-bearing
The merchant manufacturing co has two servicing departments : the merchant manufacturing co. has two servicing departments - purchasing and maintenance - and two production
Suppose that during 2014 tax legislation was passed that : problem 16-8 multiple differences taxable income given two years balance sheet classification change in tax rate lo16-4
The finishing department of berle industries works on only : the finishing department of berle industries works on only one product and all costs are incurred uniformly while these

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd