The st vincent manufacturing company produces a single

Assignment Help Accounting Basics

Reference no: EM13569982

The St. Vincent Manufacturing Company produces a single product in a single processing department. The material is added when 25% of the conversion costs have been added. The Work-in-Process Inventory account on April 30th includes the following information: Beg Bal $1,382 Material 5,325 Labor 10,863 Overhead 15,012 During the month, the company finished and transferred 72,000 units out of the Work-in-Process Inventory. 9,000 units were in process at the beginning of the month and were 40% complete. 8,000 units were in process at the end of the month, and were 70% complete. The company uses (FIFO) process costing.

Required:

(a) Compute the equivalent units of production (EUP) for materials and conversion costs in April.

(b) Compute the unit conversion costs and unit material costs for April.

(d) Compute the cost of the ending inventory for April.

Reference no: EM13569982

Questions Cloud

Beginning wip inventory is 900 units completed and : beginning wip inventory is 900 units completed and transferred out were 3400 units and ending wip inventory is 800

Ameen company purchased a building for 36 million ameen : ameen company purchased a building for 36 million. ameen uses straight-line depreciation for financial statement

Helen needs materials for her building business she : helen needs materials for her building business. she estimates her usage for the next four month will be 62700 in

Building 62000000 mortgage payable 36000000 drawing 5000000 : journalize the following entries for oglala supplies1-jan oglala purchases 100000 of merchandise from loopy and co.

The st vincent manufacturing company produces a single : the st. vincent manufacturing company produces a single product in a single processing department. the material is

What is the feasibility of my proposed repurchase plan : on january 1 2009 carlin corporation issued 2400000 of 5-year 8 bonds at 95 the bonds pay interest semiannually on july

Apollo company manufactures a single product that sells : apollo company manufactures a single product that sells for 168 per unit and whose total variable costs are 126 per

Problem v - 20 points klingon company operates a free : problem v - 20 points klingon company operates a free cafeteria for the benefit of its employees. budgeted and actual

How does market segmentation differ from market targetingin : how does market segmentation differ from market targeting?in the context of marketing what is a products position? how

User Account

All Pages