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Problem 1: In Baguio Corp, sixty percent of materials are added when the goods are ¼ done and the remainder, when they are ¾ done. The equivalent production of materials is 20,000 and for conversion cost, 20,500. There are 2,000 units in the ending WIP, ¼ done. WIP beginning was 4/5 done. Normal loss at the beginning is 500 units. Unit cost from preceding department was P10.40. In this department, materials unit cost was P3 and conversion unit cost was P2. How much is the adjustment for lost unit for each remaining good unit?
Started in Production- Current Month. Prepare a cost of production report for each department. Round total costs to the nearest peso. Use WAM
a. for fauquier countynbspcafr reviewnbsp-analyze the governmental entity - its challenges and performance. your
Calaveras Tire exchanged machinery for two pickup trucks. The book value and fair value of the machinery were $20,000 (original cost of $65,000 less accumulated depreciation of $45,000) and $17,000, respectively. To equalize fair values, Calaveras..
However, companies often use a different activity to estimate total variable costs. What types of activities might be used to estimate variable costs?
Define joint products and by-products. Also give logical justification to treat any one of joint products as a By-product. Compute total cost and unit cost
The bond was sold to yield an effective interest rate of 10 percent per year. If the effective rate method is being used, what amount
Compute free cash flow for Chicago Corporation. Explain why free cash flow often provides better information than "Net cash provided by operating activities."
What The production overhead absorbed during the period was? What Production overhead was? Fixed overheads are absorbed on the basis of output
What is the selling price per unit of A and B, assuming a mark-up of 40% of cost. How much overhead cost is allocated to product A and product B?
questionchips home brew whiskey management forecasts that if the firm sells every bottle of snake-bite for 20 then the
Evaluate the value-added, the value-added ratio, and total lead time
What is the breakeven point in sales units and sales dollars and how many units must Write Company sell to earn a profit of $240,000 per year?
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