Find what are the total equivalent units for direct material

Assignment Help Accounting Basics
Reference no: EM131983722

Problem

At Sunrise Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

WIP beginning (50% for conversion): 22,200 units
Units Started: 121,500 units
Units completed and transferred out: 107,700 units
WIP ending (60% for conversion): 36,000 units

Beginning WIP direct materials $35,000
Beginning WIP conversion costs $22,500
Costs of materials added $384,100
Costs of conversion added $271,125

What are the total equivalent units for direct materials?

Reference no: EM131983722

Questions Cloud

Compute what are the benefits of setting cost standards : Superior Inc., produced 1,000 units of the company's product in 2016. Compute what are the benefits of setting cost standards?
When looking at data collected from places like gallup polls : When looking at data collected from places like Gallup polls, would a data analyst want to include any outliers in analysis efforts which are used to support.
Why do ethics vary from person to person : What are key features of utilitarianism? What are key features of ethical egoism? What are the differences between utilitarianism and ethical egoism?
Calculate margins from day one until exit : Select 2 shares listed on the London Stock Exchange and simulate to take a long position in futures on one and a short position in futures on the other.
Find what are the total equivalent units for direct material : At Sunrise Corporation, direct materials are added at the beginning of process and conversions costs. What are the total equivalent units for direct materials?
Placement in the organizational hierarchy important : Why is the purchasing's functional placement in the organizational hierarchy important?
How much would an investor pay to buy one percentage : How much would an investor pay to buy one 4.5 percentage Treasury bond of 2017 ?
Find todays price of original bond with redemption amount : If the exact same bond was redeemable at par (i.e. at a redemption amount of $100), today's purchase price to yield i(2) = 10% would be $113.07.
How much should sunland record as the cost of the machine : Assuming that a prevailing interest rate of 8% applies to this contract, how much should Sunland record as the cost of the machine?

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