Determine the number of equivalent units of production

Assignment Help Accounting Basics
Reference no: EM132733463

Question - Equivalent Units of Production: weighted average method

The Converting Department of Tender Soft Tissue Company uses the weighted average method and had 1,600 units in work in process that were 70% complete @ the beginning of the period. During the period, 20,200 units were completed and transferred to the Packing Department. There were 900 units in process that were 30% complete @ the end of the period.

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: EM132733463

Questions Cloud

Are some forms of vaccines safer than others : Are some forms of vaccines safer than others? Should we spread out the inoculation schedule to prevent confusion of a young person?
What kind of molecule leghemoglobin is : Summarize what kind of molecule leghemoglobin is, how its structure compares to that of the alpha chain of human hemoglobin
Which types of control procedures within the framework : Which Types of control procedures within the framework for audit of program modification procedures includes? Implementing firewalls
Discuss the process of the lytic-lysogenic cycle : Discuss the process of the lytic/lysogenic cycle. Apply to a situation. For example, if symptoms of a virus-like HIV are not seen for many years
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
Contrast bacteriophages and animal viruses : Compare and contrast bacteriophages and animal viruses. In what ways are they the same and in what ways are they different?
What are the agents of sale transaction : What are the agents of sale transaction? Customer; Cashier. What is(are) the more common technique(s) to commit computer fraud?
What potential ethical and legal liabilities are : Write an essay addressing each of the following points/questions. Be sure to completely answer all the questions for each numbered item. There should be three.
How a provirus causes chronicinfections : Provide an example of a provirus and explain how a provirus causes chronicinfections.

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