Determine for equivalent unit of production for conversion

Assignment Help Managerial Accounting
Reference no: EM132517365

March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its only production department. Beginning WIP units were 50% create as to conversion costs. Alpha introduces direct materials at the beginning of the production process. During March, a total of 15,000 units were started and a total of 20,000 units were completed. Alpha's ending WIP inventory had 3,000 units which were 70% create as to conversion costs. Alpha uses the weighted average method.

Question 1: Use this information to determine for March 2017 the equivalent units of production for conversion costs. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

Reference no: EM132517365

Questions Cloud

Explain subject matters of any three branches of philosophy : Name and explain the subject matters of any three branches of philosophy.
Determine for the month of march cost per equivalent unit : Determine for the month of March the cost per equivalent unit of direct material and the cost per equivalent unit of conversion.
How might the learning about many different : How might the learning about many different religions prove to have a positive impact on a person's current or future career?
Solving business problems : After completing your study this week, summarize what you learned regarding the various systems analysis approaches fact-finding techniques
Determine for equivalent unit of production for conversion : Determine for March 2017 the equivalent units of production for conversion costs. March 1, 2017, Alpha Company's beginning work in process inventory
Apply to our current pandemic crisis of covid-19 : How do Utilitarianism, Kantianism, Virtue Ethics and Feminist Ethics apply to our current pandemic crisis of Covid-19?
Are any of your practices or beliefs called into question : Are any of your practices or beliefs called into question? Based on these readings and videos
Would recommend that kelloggs purchase major foods : What is the maximum share price Kellogg's should to pay for Major foods stock. Would you recommend that Kellogg's purchase Major foods? Why?
Describing Smart Grid as your project : Write an essay describing Smart Grid as your project and how you intend to research it.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  First set of financial statements

Adriana Lopez launched a computer services company called Success Systems, which provides consulting services, computer systems installations, and custom program development. Lopez adopts the calendar year for reporting purposes and prepared the comp..

  Which entry closing the manufacturing overhead account

$10,000, and it is considered a material amount, which of the following would be included in the entry closing the Manufacturing Overhead account?

  Prepare mccrackens cash budget for the month

Prepare McCrackens cash budget for the month of May. Use good form. McCracken expects to have $24,000 of cash on hand at the beginning of May.

  Current assets for two different companies

Current assets for two different companies at calendar year end 2013 are listed here. One is a manufacturer, Salomon Skis Mfg., and the other, Sun Fresh Foods, is a grocery distribution company.

  January purchases and sales data for its only product

Laker Company reported the following January purchases and sales data for its only product.

  Prepare cash budgets for november and december

How do you make a schedule of expected cash collections for November and December. Prepare Cash budgets for November and December.

  Computing the depreciation in straight-line method

Remodeling and necessary equipment would cost $396,000. The equipment would have a 10-year life and a $39,600 salvage value.

  How do the two companies stack up in terms

How do the two companies stack up in terms of these ratios? Which company is performing better? Why?

  Gazelle corporation''s financial statements

1.Refer to Gazelle Corporation's financial statements and related information in Problem 16- 1B. In Problem 16- 1B, Gazelle Corporation,

  Provide a definition of performance indicators

BSBMGT502 Manage People Performance Assignment, Metro Institute, Australia. Provide a definition of performance indicators

  Harvold company - prepare a quality cost report

Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.

  Compute debt-to-equity ratio for both the year and last year

ACC 219- You decide first to assess the company's performance in terms of debt management and profitability. Compute the following for both this year and last year.

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