Reference no: EM132254990
Questions -
Q1) On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month 36,000 units were started. At the end of the month all started units were 55% complete with respect to conversion. Direct Materials placed into production had a total cost of $335,000 and the total conversion cost for the month was $383,000. Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of direct material for the month of March.
Q2) On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month 31,000 units were started. At the end of the month all started units were 60% complete with respect to conversion. Direct Materials placed into production had a total cost of $465,000 and the total conversion cost for the month was $358,000. Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of conversion for the month of March.
Q3) On January 1, Easton Company had cash on hand of $100,000. All of January's $248,000 sales were on account. December sales of $218,000 were also all on account. Experience has shown that Easton typically collects 25% of receivables in the month of the sale and the balance the following month. All materials and supplies are purchased on account and Easton has a history of paying for half of these purchases in the month of purchase and half the following month. Such purchases were $162,000 for December and $151,000 for January. All other expenses including wages are paid in the month incurred. These amounted to $42,000 in December and $44,000 in January. Use this information to determine the projected ending balance of cash on hand for January.
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How much is the gain or loss for the equipment sale
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Analyze how the companys internal communications help
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Calculate the degree of operating leverage at sales
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Describe the characteristics of the group
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Determine the cost per equivalent unit of conversion
: Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of conversion for the month of March
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Tenor app feature of attaching video
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What elements should be contained in your policy outline
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Machines can be simulated by turing machines
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Would you expect the npv of the project to be positive
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