What are the unit costs for the period

Assignment Help Managerial Accounting
Reference no: EM132607625

South River Chemicals Pty Ltd manufactures a product called Zybek. Direct materials are added at the beginning of the process and conversion activity occurs uniformly throughout the process. The following selected data pertain to the month of May.

Question 1: What are the unit costs for the period (rounded to two decimal places) assuming weighted average costing?

Option A. DM $7.38; CC

$17.03

Option B. DM $6; CC

$14.78

Option C. DM $7.38; CC

$14.78

Option D. DM $6; CC

$17.03

Reference no: EM132607625

Questions Cloud

How much does she owe : Interest is only charges on cash advances and overdue payments. How much does she owe if she makes no payments until her bill date on November 3rd
Define some areas of a finance manager role : Define some areas of a Finance Manager's role and what are his/her responsibilities in a company? Define Capital Budgeting, Capital Structure
When a manager notices an outlier during the cost estimation : When a manager notices an outlier during the cost estimation process, the appropriate response is to? attempt to identify the reasons for the outlier.
Calculate Tom net gain or loss : Home Depot stock, purchased 2 years ago for $1,420, was sold by Tom for 2,130. Calculate Tom's net gain or loss
What are the unit costs for the period : What are the unit costs for the period (rounded to two decimal places) assuming weighted average costing?South River Chemicals Pty Ltd manufactures a product
What is the cost of goods sold now : Again assuming 700 (fully complete) units are sold, what is the cost of goods sold now?
Provide one example of how to establish credit : Provide one example of how to establish credit and one example of how to protect it.
What is the may work in progress : Progress on 30 May was 50 per cent complete in terms of conversion rate. If the equivalent unit is 12 000 units, what is the 30 May work in progress?
What is the effective annual real rate of return : Given a nominal annual interest rate of 10.00% compounded quarterly and an effective annual inflation rate of 3.05%

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How much actual variable manufacturing overhead cost

How much actual variable manufacturing overhead cost was incurred during the period?

  Determine what prime cost total

Cali24 Company's direct materials costs are $4,200,000, its direct labor costs total $8,080,000, and its factory overhead costs total $6,080,000. Its prime cost

  What was the amount of depreciation expense

What were the total cost and book value of property, plant, and equipment - what was the amount of depreciation expense for each of the 3 years 2009-2011?

  Joint cost allocation-net realizable value

A single production process converts a single raw material into 5,000 kg of joint product A and 5,000 kg of joint product B at a total cost of $100,000.

  Find what individual adrs for both single and double room

Find what are the individual ADRs for both single and double rooms for H hotel for the next year (assume that there are 365 days in a year)?

  Determine what was the company revenue for the year

$1,800,000, and paid dividends of $120,000. If Gilkey's ending retained earnings was $495,000, what was the company's revenue for the year?

  Write steps involved in implementing activity based costing

The Furniture Manufacturing, Write steps involved in implementing Activity based costing in a typical furniture manufacturing operation as described

  Create an analysis of the two alternatives

Create an analysis of the two alternatives and make a recommendation to the management of the company of the appropriate course of action

  Estimate the normal selling price

Functional cost approach to pricing products, estimate the NORMAL SELLING PRICE. Note: The markup will end up being 40% of the selling price.

  Prepare jersey boy contribution margin income statement

Use the shortcut unit contribution margin approach to compute the number of shows needed annually to earn a profit of $3,078,000. Is this goal realistic? Give your reason.

  Find the spending variance for catering supplies in december

The actual cost for catering supplies in December was $5,400. The spending variance for catering supplies in December would be closest to

  How would error affect breakeven sales

How would your error affect breakeven sales and operating income under the proposed sales commission plan? After considering all factors

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