Solution-Calculate normal spoilage cost

Calculate normal spoilage cost

Assignment Help Cost Accounting

Reference no: EM132561927

Waliya Plastics, which makes casings for the iMac computer using plastic injection molding. In January 2012, Waliya incurs costs of $615,000 to produce 20,500 units. Of these 20,500 units, 20,000 are good units and 500 are spoiled units. Waliya has no beginning inventory and no ending inventory that month. Of the 500 spoiled units, 400 units are spoiled because the injection molding machines are unable to manufacture good casings 100% of the time. That is, these units are spoiled even though the machines were run carefully and efficiently. The remaining 100 units are spoiled because of machine breakdowns and operator errors.

Question 1: Based on above information, calculate

I). Manufacturing cost per unit?

II).Manufacturing cost per good unit?

III). Normal spoilage Cost?

Reference no: EM132561927

Questions Cloud

Explain the appropriate accounting treatment : Required - Explain the appropriate accounting treatment and/or record of the above for Sam Ltd. Include supporting reasons in your answers

Indicate the items to be reported on the statement : Required - Using this information, indicate the items to be reported on the statement of cash flows using the indirect method

Make a statement of partners equity for the partnership : The capital accounts of Heidi and Moss have balances of $90,000 and $65,000, Make a statement of partners equity for the partnership

Sixth amendment regarding speedy trial : Explain how the case was dismissed/rejected because of a failure to meet the requirements for a speedy trial.

Calculate normal spoilage cost : The remaining 100 units are spoiled because, Calculate Normal spoilage Cost and Manufacturing cost per good unit.

How will the notes payable be reported : Shiller Company borrowed $85,000 by giving a seven-year, How will the notes payable be reported on the balance sheet at the end of the first year

Understanding due process in trial process : Understanding due process in the trial process is very complex and extends not only through the process of investigation and prosecution of the accused,

Describe concept of over or under-applied factory overhead : Describe the concept of over or under-applied factory overhead by comparing actual factory overhead with applied factory overhead

Question - Cost-Volume-Profit Analysis : Question - Cost-Volume-Profit Analysis. Calculate the Degree of Operating Leverage (DOL) in January, expected Sales in Dollars for February

User Account

All Pages

Calculate normal spoilage cost

Reference no: EM132561927

Reference no: EM132561927

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT