What are the equivalent units of production

Reference no: EM13124562

The ALG Manufacturing Company has gathered the following information for the month of September:

• 6,000 units in the beginning Work-in-Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs)

• 60,000 units were started into production

• 50,000 units were completed and transferred to the next department

• The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs.

What are the equivalent units of production (EUP) for the conversion costs in the month of September assuming ALG uses weighted-average process costing?

What are the equivalent units of production for the conversion costs in the month of September assuming ALG uses first-in first-out (FIFO)?

Reference no: EM13124562

Questions Cloud

Probability that average life time of bar-s tv is less : suppose a bar buys 10 of these sony tvs what is the probability that the average life time of the bar's tv is less than 19,650 hours.

Is the related lease finance or operating lease : If he sells the pubs abd then leases them back would you expect Lion Nathan to change how it accounts for the depreciation of he building?

Problem related to inventory : Jenner Company had beginning inventory of $90,000, ending inventory of $110,000, cost of goods sold of 400,000, and sales of 660,000. Jenner's days in inventory is:

Calculate the current passing through the capacitors : First you must give all different possible connection types for them and then, for each case, you should develop some tests that can define the connection type and calculate the current passing through the capacitors.

What are the equivalent units of production : What are the equivalent units of production (EUP) for the conversion costs in the month of September assuming ALG uses weighted-average process costing?

Should opal comprise in her gross income if last year : This year she received a state income tax refund of $170. What amount of the refund, if any, should Opal comprise in her gross income if last year her total itemized deductions exceeded the standard deduction by $350?

Determine interval for number of defectives in sales : If 1.5 million X-Games were sold over the holidays, determine an interval for the number of defectives in sales. 12,184 to 32,816.

Difference in tax-paid between methods : The tax rate is 30% and the FIFO method will result in income before taxes of $5,460. The LIFO method will result in income before taxes of $4,935. What is the difference in tax that would be paid between the two methods?

User Account

All Pages