How much is total cost assignable to ending work in process

Assignment Help Financial Accounting
Reference no: EM132662399

Problem 1: Vaughn Company has unit costs of $5 for materials and $12 for conversion costs. There are 3900 units in ending Work in Process which are 35% complete as to conversion costs, and fully complete as to materials cost. How much is the total cost assignable to the ending Work in Process inventory if the weighted-average method is used?

Option 1: $35880

Option 2: $66300

Option 3: $19500

Option 4: $16380

Reference no: EM132662399

Questions Cloud

Types of employment relationships : What advice would you give an organization considering these types of employment relationships? Would you recommend one over the other? Why?
How much is the materials cost per unit : If materials added and beginning Work in Process materials cost totals $20460, how much is the materials cost per unit if the weighted-average method is used?
Scientific methods in entrepreneurial area : Describe how you would do each of these steps in the scientific methods in an entrepreneurial area you are interested in.
Role information for the crawley plant manager : Phillips and Crawley are two separate plants and profit centers owned by Universal Computer. As Manager of the Crawley Plant
How much is total cost assignable to ending work in process : Vaughn Company, How much is the total cost assignable to the ending Work in Process inventory if the weighted-average method is used?
Why is there not a perfect match-up : Why is there not a perfect match-up between realized and intended strategies?
Write an essay that explores the topics of gender gap : For this assignment, you will write an essay that explores the topics of gender gap and compensation. In your introduction, explain whether you think the gender
Operating in turbulent economic environment : You are the manager of a pharmaceutical company in Nebraska, USA. You have been operating in a turbulent economic environment
Advantage or suffering competitive disadvantage : discuss whether the company is enjoying competitive advantage or suffering competitive disadvantage.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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