What are the equivalent units of production

Assignment Help Accounting Basics

Reference no: EM132782148

Department II of Charity Manufacturing Company presents the following production data for the month of May, 2011:

Opening inventory, 3/8 completed 4, 000 units

Started in process 13, 000 units

Transferred 9, 000 units

Closing inventory, ½ completed 4, 000 units

¾ completed 4, 000 units

Question 1. What are the equivalent units of production (conversion) for the month of May, 2011 under FIFO method?

Question 2. What are the equivalent units of production (conversion) for the month of May, 2011 under average method?

Reference no: EM132782148

Questions Cloud

What equivalent units for the conversion cost calculation : What equivalent units for the conversion cost calculation under average method? Department A is the first stage of Mann Company's production cycle.

Internal or external pressure that caused the change : What was the internal or external pressure that caused the change? Compare the driving force for the change to the specific types of pressures

Comparing the formal treatment and iconography of each work : Write an essay of at least 500 words using 12 point font and double-spaced text) comparing the formal treatment and iconography of each work.

Facts of the orbital inclination : Select the following facts of The Orbital Inclination. Can be negative

What are the equivalent units of production : What are the equivalent units of production (conversion) for the month of May, 2011 under average method? Opening inventory, 3/8 completed 4, 000 units

What is islam and christianity : What is Islam, Judaism, Christianity and what is the relationship between them? what are the differences, similarities? APA style.

How much is the ebitda for the period : Wages of PHP 1,450, depreciation of PHP 500, and rentals of PHP 275. The interest expense incurred is PHP 200. How much is the EBITDA for the period?

What themes were expressed according to your point of view : For either the live performance or video, describe what you saw, what type of dance, mood, costumes, lighting, etc. Also, share what themes were expressed.

What the book to market ratio of lone inc is : Given their performance and financial stability, their stocks were traded at PHP 30 per share. Based on the foregoing, the book to market ratio of Lone Inc., is

User Account

All Pages