What is the equivalent unit of work done to date

Assignment Help Accounting Basics
Reference no: EM132095110

Question - Heara Ltd manufactures metal sheets, and uses the weighted average method process costing. On 1 May the Rolling Department had 3000 units work in progress, which were 50 percent completed as to conversion costs. During May 8000 units were completed and transferred out. The remaining work in progress on 30 May was 2000 units, at 50 percent complete in terms of conversion rate. Materials are added at the beginning of the process and conversion costs are incurred uniformly. What is the equivalent unit of work done to date for direct materials and conversion costs respectively?

Reference no: EM132095110

Questions Cloud

Why was the proof of fraud so important to the finney : 1. Why was the proof of fraud so important to the Finney's case? 2. How are Indiana judges supposed to consider cases involving contracts containing zipper cla
Nasa lost the mars climate orbiter : Case Study: In 1999, NASA lost the Mars Climate Orbiter, a 338 kg robotic space probe (with a cost of $327.6 million dollars) due to a failed translation
Write pseudocode to calculate the income tax payable : Write pseudocode to calculate the income tax payable on any salary based on the tax scales shown below.
Which program has the better guarantee on running time : Programs A and B are analyzed and found to have worst-case running times no greater than and N2, respectively.
What is the equivalent unit of work done to date : During May 8000 units were completed and transferred out. What is the equivalent unit of work done to date for direct materials
The philosophy of reengineering an enterprise system : Describe the philosophy of reengineering an enterprise system.What is the difference between a transaction database and a data warehouse?
Write a program to compute sin : Write a program to compute sin(x). The name of the program is dsin, and it accepts the user input - x - in degrees.
What are the commands that you have to carry out : What are the commands that you have to carry out in order to turn a Java source code file into a running program?
Describe a sequence of stack operations : Describe a sequence of stack operations that results in S storing all elements originally in T below all of S's original element.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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