Calculate total equivalent production cost per complete unit

Assignment Help Cost Accounting
Reference no: EM132752191

In a period production and cost data were as follows.

Total costs material 5115

Labour 3952

Overheads 3000
12067

Production was 1400 fully complete units and 200 partly units. The degree of completion of the 200 units W-1-P was as follows

Material 75% complete

Labour 60% complete

Overhead 50% complete

Required

Problem 1: Calculate total equivalent production cost per complete units and the value of W-1-P.

Reference no: EM132752191

Questions Cloud

What would be the ho adjusted balance of allowance account : The home Office bills its only branch at 25%, What would be the HO adjusted balance of the allowance account as at December 31, 2018?
Reflect on walmart strategy : Reflect on Walmart's strategy in terms of 'the architecture of simplicity'. In your view what is the caution it should exercise to avoid decline?
How are betas used in risk analysis : Is it possible to choose among the alternatives on the basis of the information developed thus far? how are betas used in risk analysis?
Assess the efficiency of the types of economic incentives : Assess the efficiency of the types of economic incentives available to providers in the delivery of health care services in your own state.
Calculate total equivalent production cost per complete unit : Calculate total equivalent production cost per complete units and the value of W-1-P. Production was 1400 fully complete units and 200 partly units.
What are most recent developments in the wells fargo scandal : What are the most recent developments in the Wells Fargo scandal? Do you think the corporation has been sufficiently punished for their unethical behavior?
What argument for investing in actively managed mutual fund : Explain the difference between active fund management and passive fund management. What is the argument for investing in actively managed mutual funds?
Find rbc in a normal functioning kidney : To further diagnose the patients' disease you need to remember where you would expect to find RBC in a normal functioning kidney?
Prepare the entries on dates to record declaration : The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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