Find what the eup for conversion costs is

Assignment Help Cost Accounting
Reference no: EM132746863

JYD Corporation uses the process costing system. The following data are available from the books of Department 2.

Units

Work in process, beg. (40% completed) 10,000

Units received 40,000

Units completed and transferred 40,000

Work in process end ( 90% completed) ?

Normal lost 2,000

Abnormal lost 3,000

Assume that the materials are added after the inspection point, the inspect ion takes place when the units are 80% completed.

Problem 1: Using weighted average method, the EUP for conversion costs is:

a. 42,750

b. 48,500

c. 48,250

d. 46,750

Reference no: EM132746863

Questions Cloud

Calculate the bank discount rate of return : Calculate the bank discount rate of return (DR) and the YTM-equivalent return for the following money market instruments :
What is the annual interest rate if the present value : What is the annual interest rate if the present value is $100, future value is $200, and the time period is 5 years? Calculate the present value/
What is the depositor daily average balance : At the end of the year, the Credit Union pays her $300 in interest. What is the depositor's daily average balance and APY?
Discuss reasons why an investor should choose : The ARA Corporation bonds have a coupon of 14%, pay interest semiannually, and they will mature in 7 years. Your required rate of return for such an investment
Find what the eup for conversion costs is : Find what the EUP for conversion costs is, Using weighted average method. Assume that the materials are added after the inspection point
Loan effective interest rate : A commercial loan extended to CIBER-LAND Corporation for $2.5 million assesses an interest charge of $350,000 up front. Using the discount loan method of calcul
Calculate the npv and irr of investment : Calculate the NPV and IRR of this investment from the project's viewpoint and the parent's viewpoint? Should the company invest in this project?
Find per unit overhead cost of product d if abc costing used : Find per unit overhead cost of Product D if ABC costing were used is? Overhead costs include setups P450,000; shipping costs P700,000 and engineering costs P900
Firm specific risk component using regression analysis : Explain how you could obtain the firm specific risk component using regression analysis?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare an income statement for stein books

Prepare an income statement for the Dental Drilling Company and Prepare an income statement for Stein Books.

  How structural-functionalists describe society as

How Structural-Functionalists describe society as? a complex network of interaction at a micro-level. / an unstable structure of social relations

  Determine what the total cost of job order no is

Twenty hours of direct labor services. Job no. 210 was the only job completed during the third week. The total cost of Job Order No. 210 is

  What should be the correct transfer price

If Retail Division could buy a case of the product from the external market for $9, what should be the correct transfer price

  Implement a balanced scorecard

Provide three reasons why a company could implement a balanced scorecard successfully but see no improvements in its profitability. Make sure your explanation

  Discuss lighting the way at the manor house hotel

Does anyone have the proper solution for the case study of lighting the way at the manor house hotel by Harvard business review

  Hat are various costs involved in complying with provision

Why would a company that is not required to file with the SEC want to comply with SOX provisions? What are the various cost involved in complying with provision

  For each of these five separate cases

For each of these five separate cases, identify the principle( s) of internal control that is violated. Recommend what the business should do to ensure adherence to principles of internal control.

  Find and create t-accounts for manufacturing overhead

Find and Create T-accounts for Manufacturing Overhead and Work in Process. Post the relevant transactions from above to each account.

  Describe the three methods used to allocate joint costs

Describe the three methods used to allocate joint costs. What are the advantages/disadvantages of each allocation method? Which method would you recommend? Why?

  Show effect on companys accounts of purchase of thai hotel

Assume Garter Inns measures its land and buildings at depreciated cost. Show the effect on the company's accounts of the purchase of the Thai hotel building in x2;

  Explain differences between absorption and variable costing

Explain which method is better for the company being discussed. Explain the differences between absorption costing and variable costing.

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