What is the cost per equivalent unit of conversion

Assignment Help Accounting Basics
Reference no: EM133133803

Question - Red Feather Company's production department's beginning inventor cost includes $600,000 of conversion costs. This department incurs in additional $900,000 in conversion costs in the month of July. Equivalent units of production for conversion total 150,000 for July. What is the cost per equivalent unit of conversion using the weighted average method?

Reference no: EM133133803

Questions Cloud

What is the weighted average cost of capital : The proportion of debt and equity capital in the financial structures are fifty percent each respectively. What is the weighted average cost of capital
Rising tension between ukraine and russia : What is your thought regarding the rising tension between Ukraine and Russia? How this political crisis could affect the world, the Philippines and you?
What is bramble break-even point in units : The same variable expenses per unit and fixed expenses are expected for 2022. If Bramble cuts selling price by 4%, what is Bramble's break-even point
What are the department equivalent units of production : What are department equivalent units of production with respect to materials, assuming beginning inventory is 60% complete as to materials and conversion costs
What is the cost per equivalent unit of conversion : Equivalent units of production for conversion total 150,000 for July. What is the cost per equivalent unit of conversion using the weighted average method
Explain capitalism and inequalities convincingly : Do you find that these arguments explain capitalism and its inequalities convincingly?
Explain why companies decentralize : Explain why companies decentralize. Describe some typical methods of decentralization. What are the advantages of decentralization?
Impacted based on the strength of the economy : How do factor markets are impacted based on the strength of the economy? Please include references
What is the investment in bears co balance on apple books : What is the Investment in Bears Co. balance on Apple books as of December 31, 2018, if the equity method has been applied

Reviews

Write a Review

Accounting Basics Questions & Answers

  What was the appropriate journal entry for job

Train Company uses a job order cost system and applied overhead based on estimated rates for work in their factory. The overhead application rate is based.

  What is the amount of dividends received

The board of directors declares and pays a $55800 dividend in 2019 and in 2020. What is the amount of dividends received by the common stockholders in 2020

  What is the flexible budget amount for direct labor

Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $23.50 per hour.

  Makita company manufactures a fast-bonding glue in its

makita company manufactures a fast-bonding glue in its northwest plant. the company normally produces and sells 48000

  Unfortunately a quick scan of the business news will

unfortunately a quick scan of the business news will normally result in reports of unethical business behavior. to

  Discuss surfboards to a reputable manufacturing company

Management is interested in outsourcing production of these surfboards to a reputable manufacturing company

  Evaluate how Gray accounting values are useful

Evaluate how Gray's accounting values are useful in understanding accounting practices of countries you are familiar with

  The magic pumpkin limousine the magic pumpkin limousine

the magic pumpkin limousine company wants to purchase a car entertainment system for one of its automobiles. the

  Which assertion was fulfilling

Reading lease agreements to ensure that leases were disclosed accurately in the notes to the financial statements. Which assertion was she fulfilling?

  What is the journal entries

What is the journal entries if Sarah takes 3 weeks for annual leave entitlement and 1 week for sick leave entitlement, with a tax 30%

  What is the product line segment income

What is the product line's segment income? Variable selling/administrative costs - $130,000. Variable manufacturing costs - $170,000

  Describe one researched accounting position

Describe one  researched accounting position

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