Solution-Conversion costs for the first department for the

Conversion costs for the first department for the month

Assignment Help Managerial Accounting

Reference no: EM13341591

Abis Corporation uses the weighted-average method in its process-costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were

	Cost	Percent Complete
Material costs	$6,000	50%
Conversion costs	$9,900	30%

A total of 9,200 units were started, and 8,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

	Cost
Material costs	$113,900
Conversion costs	$322,500

The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs.

The cost per equivalent unit for conversion costs for the first department for the month is closest to

Reference no: EM13341591

Questions Cloud

Find the first processing department : The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs - the cost per equivalent unit for materials for the month in the first processing department is closest to

Explain net-ionic equation for the two half redox reactions : Write a balanced net-ionic equation for the two half redox reactions below. 1) BiO3^1(aq) + 6H^+(aq) + 2e- -------------> Bi^3+(aq) + 3H2O(l) 2) Mn^2+(aq) + 4H2O(l) ------------------------> MnO3^-(aq) + 8H^+(aq) + 5e- Also identify the oxidizing ..

Conversion costs for the first department for the month : The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs and the cost per equivalent unit for conversion costs for the first department for the month is closest to

Calculate the power output human being who climbs : In creating his definition of horsepower, James Watt, the inventor of the steam engine, calculated the power output of a horse operating a mill to grind grain or cut wood.

Explain the buffer capacity of the resulting solution : What is the buffer capacity of the resulting solution. (The buffer capacity is the number of moles of NaOH that must be added to 1.0 L of solution to raise the pH by one unit)

Determine direct labor cost and manufacturing overhead : The company treats all fringe benefits relating to direct labor as added direct labor cost and the remainder as part of manufacturing overhead. The allocation of Becky's wages and fringe benefits for the week between direct labor cost and manufac..

What impulse was delivered to the ball by the player : A 0.400 kg soccer ball approaches a player horizontally with a speed of 11.0 m/s. What impulse was delivered to the ball by the player

User Account

All Pages

Conversion costs for the first department for the month

Reference no: EM13341591

Reference no: EM13341591

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT