Determine the number of equivalent units of production

Assignment Help Accounting Basics
Reference no: EM132715256

Problem - The Converting Department of Tender Soft Tissue Company uses the weighted average method and had 1,900 units in work in process that were 60% complete at the beginning of the period. During the period, 15,800 units were completed and transferred to the Packing Department. There were 1,200 units in process that were 30% complete at the end of the period.

Required -

a. Determine the number of whole units to be accounted for and to be assigned costs for the period.

b. Determine the number of equivalent units of production for the period. Assume that direct materials are placed in process during production.

Reference no: EM132715256

Questions Cloud

Purpose of the meeting and organisational objectives : Make presentations at meetings, forums and conferences Meeting forums will be dependent on the purpose of the meeting and on organisational objectives.
How does personal power differ from position power : Explain how power is acquired. How does personal power differ from position power? Why would organisations wish to empower their employees?
Prepare a cost of production report for May : Prepare a cost of production report for May, using the weighted average method. Assume that direct materials are placed in process during production
Significant paradigms shifts in information technology : According to your readings, cloud computing represents one of the most significant paradigms shifts in information technology (IT) history,
Determine the number of equivalent units of production : Determine the number of equivalent units of production for the period. Assume that direct materials are placed in process during production
Discuss effective techniques community services workers : Discuss effective techniques community services workers can use to support clients to identify and articulate key information that supports the provision
Build or buy and service-level agreements : Suppose, as a Chief Information Officer (CIO), you were asked to provide the organization with time-entry system for the employees.
Implement an AI algorithm to reconstruct a binary image : Implement an AI algorithm to reconstruct a binary image represented in a 2D array. This assessment is to be completed individually and you are to submit program
Our society today has indeed become ubiquitous : We learn from our readings that the use of mobile devices in our society today has indeed become ubiquitous.

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.

  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!

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