What department x cost to produce one completed unit in july

Assignment Help Cost Accounting
Reference no: EM132715619

The following information is available for Department X for the month of July:
Units

Beginning work in process, July 1 8,000

Started new in production during July 20,000

Ending work in process, July 31

(materials100%, conversion 80%) 2,000

Cost accounted for the month of July:

Beginning work in process costs:

Direct materials $ 6,000

Direct labor $ 2,000

Manufacturing overhead $ 3,000

New costs added during July:

Direct materials $18,000

Direct labor $ 6,000

Manufacturing overhead $ 9,000

Problem 1: Department X cost to produce one completed unit in July is _________________

A. $1.58

B. $2.04

C. $2.13

D. $2.98

Reference no: EM132715619

Questions Cloud

What the overhead applied to the proposed job would be : If Ray Manufacturing used traditional costing method by using machine hours as the cost driver, the overhead applied to the proposed job would be
What the total costs of units transferred from department x : What the total costs of units transferred from Department X for the month of July were? (materials100%, conversion 80%) 2,000
What department x total costs of ending work in process : What Department X total costs of ending work in process at the end of July were? Started new in production during July 20,000
What is the effective annual rate : You plan to invest $2,000 in an (IRA) today that pays a stated annual interest rate of 8.0% percent, which is expected to apply to all future years.
What department x cost to produce one completed unit in july : What Department X cost to produce one completed unit in July is? Started new in production during July 20,000. Beginning work in process, July 1 8,000
What department x july total equivalent units for conversion : What Department X July total equivalent units for conversion (direct labor and manufacturing overhead) were? Beginning work in process, July 1 8,000
What is the 9-month futures price : The current value of the index is 1250. What is the 9-month futures price?
Find out futures price for a contract deliverable : What is the futures price for a contract deliverable on December 31 of the same year? (Please round your answer to two decimal places)
What department x july total material equivalent units were : What Department X July total material equivalent units were? Started new in production during July 20,000. Beginning work in process, July 1 8,000

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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