What is the cost per equivalent unit for the month

Assignment Help Accounting Basics
Reference no: EM131908436

Question - Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,480. An additional 89,000 units were started into production during the month and 92,000 units were completed in the Welding Department and transferred to the next processing department. There were 14,000 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $202,400 in conversion costs were incurred in the department during the month. What is the cost per equivalent unit for the month?

Reference no: EM131908436

Questions Cloud

Calculate the accrued benefit obligation at december : Calculate the accrued benefit obligation at December 31, 2017. There are no actuarial gains or losses or past service costs
Evaluate the impact on the risk-benefits analysis : Evaluate the impact on the risk-benefits analysis of the use of this drug - Explain how these factors impact the pharmacokinetics of the drug
How would you decide this case in light of economic analysis : In the famous case of Taylor v. Caldwell, 3 B. & S. 826, 122 Eng. Rep. 309 (K.B. 1863), the plaintiff, Taylor, leased the defendant's concert hall for four.
Calculate the average days collection ratio : LOGIC COMPANY. Comparative Income Statement. For Years Ended December 31, 2016 and 2017. Calculate the average day's collection ratio.
What is the cost per equivalent unit for the month : A total of $202,400 in conversion costs were incurred in the department during the month. What is the cost per equivalent unit for the month
What considerations should have been used by courts : Most of the utilities sued Westinghouse. What considerations do you think should have been used by courts to determine whether Westinghouse was excused.
What were the equivalent units of production : Fabert Corporation uses the weighted-average method in its process costing system. What were the equivalent units of production
Projecting the rates of return on an investment : Describe systematic risk and nonsystematic risk and expand on the things that are different
What do you conclude about enforcing the contract : Return to the case of Laidlaw v. Organ. List the ways in which Organ's information might be productive. Explain how Organ's information might be redistributive.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Young joon corp is considering marketing two new graphic

young joon corp. is considering marketing two new graphic calculators named speed-calc 4 and speed-calc 5. according to

  Assume that a taxpayer purchases a computer in 2010 that

assume that a taxpayer purchases a computer in 2010 that has an estimated useful life of 10 yrs. if the computer is

  Stoner store uses the gross method to record purchase

stoner store uses the gross method to record purchase discounts and uses a perpetual inventory system. stoner engaged

  Using primary stage cost drivers show how the costs should

using primary stage cost drivers show how the costs should be related to products..explain why it is necessary to use

  Determine the gross profit and cost of merchandise sold

Determine the gross profit, cost of merchandise sold, and ending inventory

  Perform vertical analysis of the income statement

Husain, Inc.'s income statement and other financial information for the current year is presented below. Perform vertical analysis of the income statement

  Crumb cookie companys charter allows it to sell

crumb cookie companys charter allows it to sell 250000shares of 2 par value common stock. to date the firm has sold

  Demont tax services provides primarily two lines of service

demont tax services provides primarily two lines of service accounting and tax. accounting-related services represent

  Prepare the appropriate journal entry for each transaction

Dec. 17 Purchased 100,000 Grocers' Supply Corporation preferred shares for $350,000. Prepare the appropriate journal entry for each transaction

  Describe a nonmanufacturing business that could benefit

describe a nonmanufacturing business that could benefit from the use of standards. also explain how standards would

  How many actual direct labor-hours were worked

Krizum Industries makes heavy construction equipment. The standard for a particular crane calls. How many actual direct labor-hours were worked?

  Determine the amount of additional financing needed

Consider the Industrial Supply Company example again. Assume that the company plans to maintain its dividend payments at the same level in 2009 as in 2008.

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