The cost per equivalent units of direct materials and

Assignment Help Accounting Basics
Reference no: EM13582065

The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $0.60 and $0.10, respectively.The equivalent units to be assigned costs are as follows.


Direct Materials Conversion
Inventory in process, beginning of period 0 2,500
Started and completed during the period 50,780 50,780
Transferred out of Bottling (completed) 50,780 53,280
Inventory in process, end of period 3,060 2,200
Total units to be assigned costs 53,840 55,480

The beginning work in process inventory had a cost of $3,620. Determine the cost of completed and transferred out production and the ending work in process inventory.

Cost of inventory transferred
Ending Inventory

Reference no: EM13582065

Questions Cloud

Prepare a contribution format segmented income statement : vulcan companys contribution format income statement for june is given belowvulcan compatnyincome statementfor the
The probability that a tennis set will go to a tie-breaker : the probability that a tennis set will go to a tie-breaker is 19. what is the probability that two of three sets will
Alabama alarm corp plans to finance its operations by : alabama alarm corp. plans to finance its operations by issuing 12000000 of 10 year 10 bonds with interest payable
Find the contribution margin per haircut with the barbers : find the contribution margin per haircut. with the barbers compensation at a fixed cost what are the totals?find the
The cost per equivalent units of direct materials and : the cost per equivalent units of direct materials and conversion in the bottling department of beverages on jolt
What is the probability that the mean skinfold thickness : question for a population of 17 year old boys the mean subscapular skinfold thickness is 9.7 mm and the standard
Write an equation for the enzyme reaction by which the : the abo blood group antigen epitopes are carbohydrates present on a cell membrane protein. the basic core carbohydrate
What is the probability that the mean interpupillary : question a study has shown that the interpupillary distance for all adult males is normally distributed with a mean
Asess the boundaries limitations and cultural influences : 1. assess the boundaries limitations and cultural influences including stakeholder expectations to countermeasure risk

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain the main difference between financial accounting

1.describe the main difference between financial accounting and managerial accounting.2.list 3 different users

  Tricia corporation is a single product firm that sells its

tricia corporation is a single product firm that sells its product for 2.50 per unit. variable expense per unit at

  What are three scenarios that would result in detailed

in light of the full disclosure principle investors and creditors need to know the balance for assets liabilities and

  Explain why starting a large number of wafers into

techno enterprises is a manufacturer of microchips its production process is complex and involves more than 100 steps

  Poplar corp comparative balance sheets included inventory

poplar corp. comparative balance sheets included inventory of 90200 at december 31 2011 and 70600 at december 31 2012.

  Cash records of arora company

The June 30 bank reconciliation also reported outstanding checks of $940. During the month of July, Arora Company books show that $17,500 of checks were issued, yet the bank statement showed that $16,400 of checks cleared the bank in July.

  On june 1 the cash account balance was 96750 during june

on june 1 the cash account balance was 96750. during june cash receipts totaled 305000 and the june 30 balance was

  Journal entry to record the sales portion

MixRecording Studios purchased $7,800 in electronic components from TechCom. MixRecording Studios signed a 60-day, 10% promissory note for $7,800. TechCom's journal entry to record the sales portion of the transaction is:

  What is the unit cost per tax return

Bill Berry, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of August are as follows:

  Compute the current ratio for each year

Compute the current ratio for each year and comment on your results - balance sheets of Bob Evans Farms

  How much of these amounts can victoria deduct

How much of these amounts can Victoria deduct?

  Static planning budget versus flexible budget

What is the difference between a static planning budget versus a flexible budget? What are some of the possibilities that actual results may differ from what has been budgeted at the beginning of a period?

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