Assume the total conversion costs allocated to completed

Assignment Help Accounting Basics
Reference no: EM13590997

Assume there were 6000 units in beginning work in process, 60% complete, 20,000 units were completed during the month. Ending work in process is 40% complete, which is equivalent to 3200 units for conversion costs. Materials are added at the beginning of the process. The standard cost method is used.

Assume the total conversion costs allocated to completed units was $91,650. What amount of conversion costs are attached to the beginning work in process at the beginning of the month?

Reference no: EM13590997

Questions Cloud

At the end of 2014 aramis company has accounts receivable : at the end of 2014 aramis company has accounts receivable of 901710 and an allowance for doubtful accounts of 49850. on
The corporation uses the weighted-average process costing : the corporation. uses the weighted-average process costing system that calculates normal rework as 2 of the units
For a sailboat to reach a destination directly upwind it is : for a sailboat to reach a destination directly upwind it is necessary to tack left and right to the direction of the
Errors in recognizing inventory purchases in the correct : errors in recognizing inventory purchases in the correct year typically reverse in two years. suppose a company defers
Assume the total conversion costs allocated to completed : assume there were 6000 units in beginning work in process 60 complete 20000 units were completed during the month.
Freeflight airlines is presently operating at 70 percent of : freeflight airlines is presently operating at 70 percent of capacity. management of the airline is considering dropping
What is the forecast for may based on a weighted moving : what is the forecast for may based on a weighted moving average applied to the following past-demand data and using the
On november 1 year 1 placid co borrowed 100000 from bay : on november 1 year 1 placid co. borrowed 100000 from bay bamk and signed a 12 six-month note payable all due at
Favors distribution company purchases small imported : favors distribution company purchases small imported trinkets in bulk packages them and sells them to retail stores. in

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