At what stage of completion were the unfinished units

Assignment Help Financial Accounting
Reference no: EM13133094

A firm had no work in process at the beginning of a month. It transferred 4,000 units to finished goods during the month, and 500 units were still in process at the end of the month. Equivalent production for the month was 4,400 units. At what stage of completion were the unfinished units at the end of the month?

Reference no: EM13133094

Questions Cloud

Calculate the target cost per unit : Calculate the target cost per unit. The team has estimated that the fixed production costs associated with the production costs associated with the product will be $1,860,000 and variable costs to produce and sell the item will be $2,500 per unit.
Why is sulfuric acid used to catalyze : Why is sulfuric acid, rather than hydrochloric acid, used to catalyze the dehydration of alcohols?2. A sample of 150 mg of an organic compound is dissolved in 7.5 ml of water. The solution is paced in a 20-cm polarimeter tube and the rotation meas..
How much energy in calories was absorbed : A canister is filled with 310 g of ice and 100 g. of liquid water, both at 0 C . The canister is placed in an oven until all the has boiled off and the canister is empty.
What is saturn capital balance after closing income summary : Tomas and Saturn are partners who share income in the ratio of 3:1. Their capital balances are $80,000 and $120,000 respectively. Income Summary has a credit balance of $30,000. What is Saturn's capital balance after closing Income Summary to Capi..
At what stage of completion were the unfinished units : Equivalent production for the month was 4,400 units. At what stage of completion were the unfinished units at the end of the month?
Determine the proportion of weeks family spends less : Based on this information can we determine the proportion of weeks the family spends less than $200. If so, find this proportion. If not, explain why.
High-low method of analysis : Using the high-low method of analysis, the estimated variable cost per labor hour for maintenance is closest to: A) $0.83 B) $1.84 C) $1.30 D) $1.14
What percentage of the h+ ions in the solution : Calculate [CO32- ] in a 0.025 M solution of CO2 in water (H2CO3). If all the CO32- in this solution comes from the reaction shown below, what percentage of the H+ ions in the solution is a result of the dissociation of HCO3‾?
Compute the depreciation for the second year : Kinney Company purchased a truck for $57,000. The company expected the truck to last four years or 100,000 miles, with an estimated residual value of $6,000 at the end of that time. During the second year the truck was driven 27,000 miles. Compute..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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