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Question - Dorchester Company, on March 1, 2019 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. On March 1, Dorchester started into production 14,500 units. At the end of the month there were 13,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 55% complete with respect to conversion. For the month of March the following costs were incurred and recorded in the WIP:
Direct Material $11,000
Direct Labor 22,000
Factory Overhead 15,000
Dorchester uses the weighted-average process costing method. Use this information to find the cost per equivalent unit of conversion for the month of March?
Total Workout, Inc. purchased three machines from Ace Used Equipment at the beginning of the year. Compute the cost of each machine
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The return on investment measure of performance: Answer Is relevant only to business enterprises. a) Is used by individuals to compare investment performance.
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design appropriate journal for these transactions. enter the transaction for June and total the journals at the end of June.
salter mining company purchased the northern tier mine for 58000000 cash. the mine was estimated to contain 1120000
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Company's production costs for the year were: direct labor, $30,000; direct materials, $50,000; Find the predetermined overhead rate
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