Calculated equivalent units

Assignment Help Accounting Basics

Reference no: EM13757410

LDR Manufacturing produces a pesticide chemical and uses process costing. On January 1, 2014, the first department, Mixing, had no beginning inventory. During January, 40,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed and 8,000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process and conversion costs are applied evenly through the process.

At the end of the month, LDR calculated equivalent units. The ending inventory in the Mixing Department was 60% complete with respect to conversion costs.

a. With respect to direct materials, what is the number of equivalent units in the ending inventory? Blank 1

b. With respect to conversion, what is the number of equivalent units in the ending inventory?

Reference no: EM13757410

Questions Cloud

Create a portable forensic evidence kit : Create a portable forensic evidence kit for corporate security investigations.

Employees can feel commitment toward a variety of targets : Employees can feel commitment toward a variety of targets (e.g., organization, team, supervisor) simultaneously. According to Meyer and Allen, organizational commitment consists of three dimensions: continuance, normative, and affective.

Create the savingaccount class : For this programming activity, you will create the SavingAccount class, which inherits directly from the bankaccount class. The savingsaccount class is similar to the checkingaccount class in that both classes inherit from bankaccount

Assumption of the transportation model : Which of the following assumptions is not an assumption of the transportation model?

Calculated equivalent units : At the end of the month, LDR calculated equivalent units. The ending inventory in the Mixing Department was 60% complete with respect to conversion costs.

Program which converts fahrenheit to celsius. : Create the following program which converts Fahrenheit to Celsius. Your program must have the following functions: Read integer Fahrenheit temperatures from the user. You need to check whether the input is the correct one or not. If the user enters ..

Differences have for the management of the operation : What are the major operational differences between burger king and mcdonalds? How do these differences relate to each company's method of competing in the marketplace? What implications do these differences have for the management of the operation an..

Describe the evolution of auditing : Describe the evolution of Auditing in the US financial services system. When did it first gain prominence and why?

Illustrate the decision making process : Discuss the decision process in the in question 1, include in your answer a diagram to illustrate the decision making process.

User Account

All Pages