User Account

All Pages

How compute the equivalent units of production for october

Assignment Help Managerial Accounting
Reference no: EM132598765

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:

                                   Percent Completed

                                                 Units                         Materials                  Conversion

Work in process, October 1    48,000                     90 %                       60 %

Work in process, October 31        38,000                    71 %                   52 %

The department started 403,000 units into production during the month and transferred 413,000 completed units to the next department.

Required:

Question 1: Compute the equivalent units of production for October.

Reference no: EM132598765

Questions Cloud

Find would recommend that the company sign the contract : The materials were purchased from a new supplier who is anxious to enter into a long-term purchase contract. Would recommend that the company sign the contract?
MGT302 International Business Strategies Assignment : MGT302 International Business Strategies Assignment Help and Solution, Polytechnic Institute Australia - Assessment Writing Service
Analyze service in your organization : Analyze a service in your organization( Devereux Foundation) using one of the quantitative tools described by Bordoloi et al.
Identify the project management lifecycle : Identify the project management lifecycle and determine how this lifecycle process affects the organization that would be most relevant to your selected project
How compute the equivalent units of production for october : Compute the equivalent units of production for October. Clonex Labs, Inc., uses the weighted-average method in its process costing system.
Shareholders on their financial investment in corporation : Corporation is to provide a return to shareholders on their financial investment in the corporation
Calculate the discounted payback period : Calculate the discounted payback period of the investment if the discount rate is 11%. Rounding decimals to the nearest whole number
Describe two interventions that would be used and why : What are some examples of how narrative techniques could be effectively incorporated into the practice of other types of therapy?
Utilize financial ratios in your personal finances : How can you utilize financial ratios in your personal finances? Why is it important for you to be aware of your personal financial ratios?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd