Reference no: EM132745886
Question - CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is available about work in the first department, the Mixing Department, during June:
Percent Complete Units Materials Conversion
Work in process, beginning 50,800 75% 30%
Started into production 438,000
Completed and transferred out 388,000
Work in process, ending 100,800 60% 40%
Materials Conversion Work in process, beginning $46,300 $25,800
Cost added during June $426,300 $145,800
Required - Assume that the company uses the weighted-average method.
1. Determine the equivalent units for June for the first process.
2. Compute the costs per equivalent unit for June for the first process.
3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in June.
4. Make a report that reconciles the total costs assigned to the ending work in process inventory and the units transferred out with the costs in beginning inventory and costs added during the period.
|
How many shares should you purchase
: If the required return on similar type shares is 7% what will be the value of Festige Holdings shares and how many shares should you purchase
|
|
National response framework
: Compare and contrast the responsibilities of local, state, and federal governments under the National Response Framework
|
|
State three disclosure for correction of errors
: State THREE (3) disclosure for correction of errors in accordance with MFRS 108 Accounting Policies, Changes in Accounting Estimates and Errors.
|
|
National incident management system
: Discuss and explain the role that IT personnel can play in NIMS and how this can lead to effective emergency management.
|
|
Determine the total cost of ending work in process inventory
: Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in June
|
|
Terrorist organization
: Compare and contrast the organization's primary beliefs, motives, and allies with another terrorist organization of your choice.
|
|
How much would have in the account after fifteen years
: If you deposit RM3,305 in an account earning 12% and If you deposit RM15,000 in an account earning 12%, how much would you have in the account after 15 years?
|
|
Speech for every occasion
: How can you apply, to special occasion speeches, the speaking skills you have worked on throughout the term?
|
|
How long grow with a eight percent compounded annually
: How long RM152,091.826 grow to RM708,900 with a 8% compounded annually? At what rate must RM50,000 to grow to 406,855 in 15 years compounded annually?
|