What are the total equivalent units for conversion costs

Assignment Help Managerial Accounting
Reference no: EM132976861

Problem - Equivalent Units of Conversion Costs - The Rolling Department of Oak Ridge Steel Company had 4,928 tons in beginning work in process inventory (40% complete) on July 1. During July, 70,400 tons were completed. The ending work in process inventory on July 31 was 5,632 tons (90% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit.

Reference no: EM132976861

Questions Cloud

Prepare a statement of financial position and classified : Prepare a statement of financial position, presented and classified according to generally accepted accounting principles with appropriate notes.
Give three importance of natural history museums : 1. Give five reasons why there is a need to collect biological specimens
Whic of statement does not show that markets are efficient : Whic of statement does not show that markets are efficient? Investors with inside knowledge are able to outperform the benchmark 80% of the time.
Describe the use of hypertonicity in food preservation : Describe the use of hypertonicity in food preservation. Describe how when used with beta-lactam antibiotics, hypotonicity aids in the control of bacterial path
What are the total equivalent units for conversion costs : The ending work in process inventory on July 31 was 5,632 tons (90% complete). What are the total equivalent units for conversion costs
Have we actually progressed as a result of the technologies : 1. What do technologies look like when they are still being discovered?
Which is the best example of a growth stock : Which is the best example of a growth stock? Qantas (QAN), an Australian airline company, forecasts that domestics travelers will prefer train journey
Discuss the fit testing methods : OSHA allows respirator fit testing to be performed using either qualitative fit testing (QLFT) methods or quantitative fit testing (QNFT) methods that are speci
Identify a chronic disease : Identify a chronic disease that is linked to behavioral risk factors.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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