What are the equivalent units for conversion costs

Assignment Help Accounting Basics
Reference no: EM132826402

Question 1: Face Shield Co. makes small metal containers. The company began December with 250 containers in process that were 30% complete to material and 40% complete to conversion costs. During the month, 5,000 containers were started. At month end, 1,700 containers were still in process (45% complete to material and 80% complete to conversion costs). Using the weighted average method, what are the equivalent units for conversion costs?

a. 4,610

b. 4,910

c. 3,450

d. 4,560

Reference no: EM132826402

Questions Cloud

How often do they useor purchase the product : Develop a survey of consumer intentions to determine if there will be a decrease in demand for your favorite product. The questions in your survey-opinion poll.
How many units were started the period : How many units were started this period? Hugas Camay Co. had beginning Work in Process Inventory of 5,000 units that were 40% complete to conversion
What is most significant role that financial markets play : Give three important reasons why there is a need to study financial markets. What is the most significant role that financial markets play
Explain product perspective of the quality : IMPORTANT NOTE: Pprovide your own examples Total Quality Management from your understanding.
What are the equivalent units for conversion costs : Face Shield Co. makes small metal containers. Using the weighted average method, what are the equivalent units for conversion costs?
Servant leadership in western culture and christianity : What is the comparison in servant leadership in Western culture and Christianity to other global perspectives of service and leadership?
What is the loss that should be recorded on this exchange : The fair market value of the old sailboat was $42.000. If this transaction has commercial substance, what is the loss that should be recorded on this exchange
Identify and describe the four stages of learning : Answer these question with chapter provided: Identify and describe the four stages of learning. Which stage do you believe is the most difficult for the teacher
Identify and address anomalies in data : Apply contemporary database modelling to identify and address anomalies in data and recommend solutions - assess business requirements

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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