User Account

All Pages

Compute the equivalent cost per unit

Assignment Help Accounting Basics
Reference no: EM132535124

Question - The department had beginning inventory of 5,500 units of product and it started 94, 500 units of products and it started 94,500 units during the period. It transferred out 90,000 units during the period. Total transferred in and production cost for the period was $902,400. This amount include the cost in the beginning inventory plus additional cost incurred during the period. The target (standard) cost per unit is $9.45.

Required -

1. Compute the equivalent cost per unit, assuming the ending inventory is considered to be 40 percent complete.

2. Compute the equivalent cost per unit, assuming the ending inventory is considered to be 60 percent complete.

Reference no: EM132535124

Questions Cloud

Find the total payroll tax expense for baltimore company : Baltimore will withhold $220 federal income taxes. Use this information to find the total payroll tax expense for Baltimore Company
What would be able to claim extra tax deductions of : If instead, her compensation of $70,000 was in the form of commissions, What she would be able to claim extra tax deductions of
How much is the gain or loss for the equipment sale : Adelphi uses the double declining method for depreciation. Using this information, how much is the gain or (loss) for the equipment sale entry
Analyse a business leader that you admire : In this activity, you are expected to analyse a business leader that you admire because of communication skills - Make sure you provide plenty of evidence
Compute the equivalent cost per unit : The department had beginning inventory of 5,500 units of product and it started 94, 500 units of products. Compute the equivalent cost per unit
Prepare the journal entries for the plant for years ended : Prepare the journal entries for the plant for years ended 31 December 2013 to 2016. Easy Limited purchased a plant on 1 January 2013 for R300,000
Determine the amount of factory overhead : During March, 5,750 hours were actually worked. Use this information to determine the amount of factory overhead that was (over) or under applied
Compute the amount of factory overhead : During the month of February 2019, actual direct labor hours of 8,300 were incurred. Use this information to compute the amount of factory overhead
What will the beta of your portfolio be : If you put 30% of your money in BSRM, 40% in KSRM and 30% in ACI, what will the beta of your portfolio be?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd