Compute the direct labor cost per equivalent unit

Assignment Help Accounting Basics

Reference no: EM131911572

Problem

During March, the production department of a process operations system completed and transferred to finished goods 25,000 units that were in process at the beginning of March and 110,000 that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to labor. At the end of March, 30,000 additional units were in process in the production department and were 100% complete with respect to materials and 30% complete with respect to labor. The production department incurred direct labor cost of $578,900 and its beginning inventory included labor cost of $54,700. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

Reference no: EM131911572

Questions Cloud

Determining the intro to sales : Assume you are a textbook salesperson trying to obtain a new account, XYZ University. Your potential buyer is known to be blunt and abrasive

What was the amount of actual sales : If the margin of safety for Watkins Company was 20%, fixed costs were $979, 200, and variable costs were 80% of sales, what was the amount of actual sales?

Interviewing for a new job with a local employer : Assume you are going to be interviewing for a new job with a local employer and remember that job interviews are very much like sales calls.

Discuss the relative advantages to petra of paying : Discuss the relative advantages to Petra of paying with a credit card or a debit card.

Compute the direct labor cost per equivalent unit : During March, the production department of a process. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

Discuss damon liability : Damon can't resist taking the car for a drive and is being extremely careful when the car is hit by a drunk driver. Discuss Damon's liability, if any, for the d

Compute departmental income for the black and navy divisions : Marian Corporation has two separate divisions that operate as profit centers. Compute departmental income for the Black and Navy Divisions, respectively.

Application of social matrix : How does salesperson's use and application of social matrix and style flexing/ versatility improve the effectiveness? Use examples to make your point

Prepare the journal entry for security sale on may twenty : Marin Corporation made the following cash purchases of securities during 2017. Prepare the journal entry for the security sale on May 20.

User Account

All Pages