Heather company uses the weighted-average method in its

Assignment Help Accounting Basics
Reference no: EM13579955

Heather Company uses the weighted-average method in its process-costing system. Operating data for the first processing department for September appear below for the physical flow of units, and for direct materials(DM) and conversion costs(CC)


Units % of completion: DM % of completion: CC
Begining WIP inventory 900 60% 50%
Started into production during September 11760

Ending WIP inventory 2100 90% 70%

DM CC
Begining WIP inventory $ 7,425 $13,409
Cost added during September $48,600 $82,831

Q1 Compute the equivalent units of production for the processing department

Direct Material : xxx units

Conversion : xxx units

Q2 Determine the cost of the units transferred out to the next department.

Reference no: EM13579955

Questions Cloud

Newton company issued 1028000 6 10-year bonds on december : newton company issued 1028000 6 10-year bonds on december 31 2013 for 976600. interest is payable semiannually on june
Depreciation for the year was 83800 of which 74400 is : alam company is a manufacturing firm that uses job-order costing. at the beginning of the year the companys inventory
Black amp decker bampd manufactures a wide variety of tools : black amp decker bampd manufactures a wide variety of tools and accessories. one of its more popular items is a
On a period of three hours find the probability that more : on the average there are 5 messages sent per hour to a computer bulletin board. on a period of three hours find the
Heather company uses the weighted-average method in its : heather company uses the weighted-average method in its process-costing system. operating data for the first processing
Prepare the stockholders equity section of shark school : shark school supply corporation was organized in 2011. it was authorized to issue 200000 shares of no-par common stock
Given a level of confidence of 95 and a population standard : given a level of confidence of 95 and a population standard deviation of 9 answer the followinga what other information
Using the high-low method calculate the stores total fixed : sporting goods is a locally owned store that specializes in printing team jerseys. the majority of its business comes
Quantacc carries fixed assets at revalued amounts fixed : quantacc ltd. began operations on january 1 2011 and uses ifrs to prepare its consoliated financial statements.

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