Equivalent units for july

Assignment Help Financial Accounting
Reference no: EM13748755

Crawford Company has the following equivalent units for July: materials 20,000 and conversion costs 18,000. Production cost data are: Materials Conversion Work in process, July 1 $ 3,200 $ 1,500 Costs added in July 25,200 21,000 The unit production costs for July are: Materials Conversion Costs $1.42 $1.25 $1.26 $1.17 $1.26 $1.25 $1.42 $1.17

Reference no: EM13748755

Questions Cloud

Process inventory for a process cost accounting system : Consider how an individual could manipulate reported earnings by misstating the ending work's degrees of completion in the process inventory for a process cost accounting system. Also, consider the ease with which this situation could continue, witho..
Compute the total manufacturing costs : Assuming the cost of direct materials used is $1,500,000, compute the total manufacturing costs using the information below. Raw materials inventory, January 1 $ 30,000 Raw materials inventory, December 31 60,000 Work in process, January 1 27,000 Wor..
The systems model of change were affected by the changes : Which of the target elements of change within the systems model of change were affected by the changes at HCL?
Overhead to production at a predetermined rate : Simmons Inc. applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No. 250, the only job still in process at the end of August, has been charged with manufacturing overhead of $7,200. What was the amount of dir..
Equivalent units for july : Crawford Company has the following equivalent units for July: materials 20,000 and conversion costs 18,000. Production cost data are: Materials Conversion Work in process, July 1 $ 3,200 $ 1,500 Costs added in July 25,200 21,000 The unit production c..
Complete the contributions grid : Complete the Contributions Grid by describing the contributions of the three groups of peoples, Native Americans, Europeans, and Africans, to the creation of the British North American Colonies.
How much are total manufacturing costs for the period : Chmelar Manufacturing Company developed the following data: Beginning work in process inventory $ 80,000 Direct materials used 480,000 Actual overhead 560,000 Overhead applied 540,000 Cost of goods manufactured 1,280,000 Ending work in process 60,000..
Information from its accounting records : Barr Mfg. provided the following information from its accounting records for 2013: Expected production 30,000 labor hours Actual production 28,000 labor hours Budgeted overhead $900,000 Actual overhead $870,000 How much is the overhead application ra..
Finished goods inventory-how much is amount of gross profit : Barger Company had the following information at December 31: Finished goods inventory, January 1 $90,000 Finished goods inventory, December 31 126,000 If the cost of goods manufactured during the year amounted to $1,995,000 and annual sales were $2,9..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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