Find the equivalent units of output for conversion costs

Assignment Help Cost Accounting
Reference no: EM133002504

Question - During the month of June, the mixing department produced and transferred out 3,500 units. Ending work in process had 1,000 units, 40 percent complete with respect to conversion costs. There was no beginning work in process. Find the equivalent units of output for conversion costs for the month of June?

a. 4,500

b. 1,000

c. 3,900

d. 3,500

Reference no: EM133002504

Questions Cloud

How the external environment of the business : Choose an IT/IS technology company and discuss and present the of that particular company and How the external environment of the business can be explained
What is the amount that will have been saved : What is the amount that will have been saved when the final deposit is made? A savings plan makes annual deposits of $2,880 each at the end.
Prepare the december adjusting entry : Gyro International 10,000 employees. Each employee earns 3 weeks of paid vacation per year. Prepare the December adjusting entry
Prepare journal entries to record the recognition of revenue : Prepare journal entries, without dates and narration, to record the recognition of revenue and cost of goods sold for the machines that are presumed
Find the equivalent units of output for conversion costs : During the month of June, the mixing department produced and transferred out 3,500 units. Find the equivalent units of output for conversion costs
What is the firms wacc is operating : Echuca Cotton Company has a target debt-equity, If the tax rate is 30%, what is the firms WACC, given Echuca, is operating under a classical tax system?
Calculate the expected yield on a one-year t-bond purchased : Calculate the expected yield on a 1-year t-bond purchased one year from now. given that cureently 1-year treaury bonds yield 4% while 2-year bonds yield
What is revaluation surplus before income tax on december : Depreciation was calculated on a straight-line basis at 4% per year. What is the revaluation surplus before income tax on Dec. 31, 2021?
How much will Mr Chips need to invest today : Mr. Chips, Inc. wishes to accumulate $1,200,000 to be used to pay off a balloon note at the end of 5 years. How much will Mr. Chips need to invest today

Reviews

Write a Review

Cost Accounting Questions & Answers

  Compute the price and efficiency variances of new fashions

Describe the types of actions the employees at New Fashions may have taken to reduce the accuracy of the standards set by the independent consultant. Why would employees take those actions? Is this behavior ethical?

  ?calculate the profit for the years ended

?Calculate the profit (loss) for the years ended 30 April 2018 to 30 April 2020 which must be transferred to the income statement

  Compute the accounts receivable balance

Compute the accounts receivable balance at November 30 if the October 31 balance is $50,000

  Which statements is a valid reason for eliminating division

Which of the above statements is a valid reason for eliminating the division? There is sufficient idle capacity to fill the order without affecting any normal sales. Which one of the following is NOT relevant in making the decision?

  How do calculate the economic order quantity

Calculate the economic order quantity. Wilson Company is trying to figure out the most efficient inventory management, Annual sales units required 10,000

  Determine and find the portfolio beta

Find the Portfolio Beta. Martin Ortner holds a $200,000 portfolio consisting of the following stocks,Stock, Investment, Beta.$50,000

  Calculate difference in total costs between two approaches

Calculate the difference in total costs between the two approaches. Why would activity- based costing be the better approach for assigning overhead to the audit function?

  How many units the company produced during the year

If production cost was N$10 per unit under absorption costing and there was no closing inventory, calculate how many units the company produced during the year?

  Prepare cash budget for the next six months

Prepare cash budget for the next six months. All other business expenses are paid in the month of expense. Expenses are evenly spread throughout the year.

  What is the expected transfer price

Corning Company has a decentralized,Assume that any joint benefit will be split evenly between the two divisions. What is the expected transfer price?

  Define the equivalent units of production for conversion

transferred to the next department during the month. Using the weighted-average method, the equivalent units of production for conversion

  Compute the february conversion costs

Compute the February conversion costs in the Filtration Department - the Filtration Department completely processed 150,000 liters in February.

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