Calculate equivalent units for direct materials using the wa

Assignment Help Cost Accounting
Reference no: EM132666383

Direct Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 20X5:

Work in process, beginning inventory 150,000 units
Transferred-in costs (100% complete)
Conversion costs (90% complete)

Transferred in during current period 450,000 units
Work in process, ending inventory 200,000 units
Transferred-in costs (100% complete)
Conversion costs (65% complete)

Problem 1: Calculate equivalent units for conversion costs using the FIFO method.

Group of answer choices

Option 1: 300,000 units

Option 2: 401,500 units

Option 3: 350,000 units

Option 4: 395,000 units

Problem 2: Calculate equivalent units for direct materials using the WA method

Group of answer choices

Option 1: 200,000 units

Option 2: 350,000 units

Option 3: 400,000 units

Option 4: 300,00 units

Reference no: EM132666383

Questions Cloud

Explain purchasing agent which shipping method is preferable : You are an accounting student at Berkeley College, Explain the purchasing agent which shipping method is preferable and why.
Reflect what happens in your work place : What extent do the concepts/ideas and theories reflect what happens in your work place? (If you are not currently working, then reflect upon a previous place
What is the net cost of the new equipment : The Woodruff Corporation purchased a piece of equipment three years ago for $223,000. It has an asset depreciation range (ADR) midpoint of eight years.
How you will evaluate empirical data regarding crime victims : This week's required readings discuss intimate partner abuse and the residual effects of victimization. Looking ahead to your Holistic Victim Restitution Plan.
Calculate equivalent units for direct materials using the wa : Calculate equivalent units for direct materials using the WA method.Direct Disk Drive Company operates a computer disk manufacturing plant.
What is the expected return on the market portfolio : Suppose also that the expected return required by the market for a portfolio with a beta of 1 is 14%. According to the capital asset pricing model:
Explain the term whistleblower : Explain the term Whistleblower, provide examples and discuss the purpose of legislation covering Whistleblowers in Australia.
How much interest do you pay each year on the car : 1. You buy a car for $18,000 at 3.25% annual interest. a. How much interest do you pay each year on the car?
What is the cost of the good transferred out during february : During February, the firm's Assembly Department started production of 73,000 chairs. What is the cost of the goods transferred out during February?

Reviews

Write a Review

Cost Accounting Questions & Answers

  What is annual manufacturing overhead cost-allocation rate

Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hou..

  Compute the amount of profit and fixed costs

Compute the Amount of Profit and Fixed Costs. Variable Cost `Percentage- 60%. Actual Sales- P2,500,000. Break-Even Point %- 80%

  Evaluate how many units of product cedar

Evaluate how many units of product Cedar

  What amount was paid to suppliers for operating expense

On the statement of cash flows, what amount will be shown for collections from customers - What amount was paid to suppliers for operating expenses on a cash basis?

  Find the expected total pound profit for next year

Find the expected total pound profit for next year. (use the degree of operating leverage to compute your answer.) (Do not round intermediate calculations.)

  Create a schedule showing earnings in the department

Create a schedule showing earnings in the department the unit labour cost the unit overhead cost the total cost per unit (round unit cost to 3 decimal places)

  What is the breakeven point in sales units and sales dollars

What is the breakeven point in sales units and sales dollars and how many units must Write Company sell to earn a profit of $240,000 per year?

  How much of the joint cost will be assigned to product b

Joint products A and B, How much of the joint cost will be assigned to Product B if joint costs are allocated on the basis of relative sales values?

  Compute percentage of costs in each of six business-function

Calculate the percentage of costs in each of the six business-function cost categories for Computer Power and Plum Computer in 2006 and 2007. Comment on the results.

  What the total costs assigned to the march work in process

During March, CaptRi Company's Department Y, What The total costs assigned to the March 31 work in process inventory should be?

  Provides a specialty service to the mining industry

Provides a specialty service to the mining industry where two purpose built trucks go onsite to service a range of mining equipment.

  Characteristics of a total quality management

Explain the main characteristics of a Total Quality Management (TQM) programme - explain what Six Sigma is and identify a management tool or technique used in conjunction with Six Sigma.

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