Reference no: EM132858861
Question - Marquita Filters produces an air filter for use in jet aircraft. Parts are added at several points in their production process.
In August, production began with 600 filters in work-in-process, 80% complete as to materials and 70% complete as to labor and overhead.
During the month, an additional 2,700 units were started into production.
7000 filters were in work-in-process at the end of the month, and they were 60% complete as to material and 50% complete as to labor and overhead.
Cost information for August: Beginning work in Process Inventory Cost Added in August
Directed material 45,000 267,090
Direct Labor 11,000 76,580
Manufacturing overhead 80,000 496,820
Total 136,000 840,490
Required -
a. Calculate the cost per equivalent unit for each of the 3 cost items and in total.
b. Calculate the cost of items completed in August and the cost of ending work-in-process Inventory.
|
How much net income would they have recorded
: If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May
|
|
Resilient leadership-from new normal to new better
: Please watch the link below and express your reaction and personal opinion regarding the video/slides you watched. It has to be clearly your opinion about the v
|
|
Winning moments from uncertainty to certainty
: the video you watched. It would be helpful if you can discuss anything that can relate to the degree I am pursuing which is Business Administration.
|
|
How to become a successful team leader
: Please watch the attach link and express personal opinion regarding the video you watched. It would be helpful if you can discuss anything that can relate
|
|
Calculate the cost of items completed in August
: Calculate the cost of items completed in August and the cost of ending work-in-process Inventory
|
|
Steps to the decision-making process
: Provide an instance where you can use the steps in action, for e.g., buying decisions, traveling decisions, dining out decisions etc.
|
|
Concept of responsibility
: Kant argues that there is an apriori moral law, which if understood properly, and is addressed with the proper good will, and sense of duty, then one can affirm
|
|
Make a casual conversation between professionals
: Make a casual conversation between professionals using Mandarin complete with opening and closing greetings.
|
|
How much should be the gain from change in fair value
: How much should be the gain from change in fair value for 2020? Kai Corporation bought 12% bonds which has a face amount of $5,000,000
|