User Account

All Pages

What is the equivalent units of production for materials

Assignment Help Cost Accounting
Reference no: EM132962597

Question - Ablan Co. produces a special kind of insecticides. Materials are added at the end of production of Mixing Department. For the month of March, 2008, the following data were gathered:

No. of Units Work-in-process March 1, 40% complete to conversion costs 40,000

Started in process during the month 100,000

Transferred to the Molding Department 85,000

Lost units in processing 10,000

Work-in-process, March 31, 60% complete to conversion 45,000 units

Required - What is the equivalent units of production for materials? Using weighted average method?

Reference no: EM132962597

Questions Cloud

What should the target specification for the product be : Assume that based on the company's cost information, tolerance is set at 0.0009. What should the target specification for the product be
What was the book value of the bond after five payments : maturity of 4 years was purchased when the yield was 4.80% compounded semi-annually. What was the book value of the bond after 5 payments?
What is the average inventory held during the year : What is the average inventory held during the year including safety stock if the store insists on a 2 days safety stock (assume 365 days a year)
What the diluted earnings per share : Throughout 1998, J Co. had 10,000 ordinary shares outstanding. What the Diluted earnings per share for 1998 on a consolidated basis
What is the equivalent units of production for materials : No. of Units Work-in-process March 1, 40% complete to conversion costs 40,000. What is the equivalent units of production for materials
How often should fancy-bike order the inventory of bicycle : How often (approximately every how many days) should Fancy-Bike order the inventory of bicycle tires? Assume a 365-day year.
What was the book value of the bond after nine payments : Maturity of 7 years was purchased when the yield was 4.90% compounded semi-annually. What was the book value of the bond after 9 payments?
Compute the total net income earned by the business : If C receives a total profit share of P20,000, compute the total net income earned by the business before salaries, interest and bonus for the period ending
Find what is the current price of the bond for yan yan corp : 4.9 percent paid semi-annually and 13 years to maturity. The yield to maturity of the bond is 3.8 percent. What is the current price of the bond?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Nolan company deposits all cash receipts

Nolan Company deposits all cash receipts on the day when they are received and it makes all cash payments by check.

  Finlon upholstery inc uses a job-order costing system to

finlon upholstery inc. uses a job-order costing system to accumulate manufacturing costs. the companys work-in-process

  Which option should pursue if an erp system costs

Assume that good conditions are three times as likely as bad conditions. Which option should you pursue if an ERP system costs $35,000?

  What unit selling price would achieve the target profit

What unit selling price would achieve this target profit if all of the manufacturing capacity allocated by management is used and all of the output can be sold

  Make schedule of cash collections for december

Milestone Enterprises needs a cash budget for December 2020. Make schedule of cash collections (cash and credit collections) for December

  What the cost of forgoing the cash discount is

ABC company receives trade credit for the purchase of $40000 worth of goods, marker '2/10, net 35'. What The cost of forgoing the cash discount is

  Explain the difference between actual and normal costing

Explain the difference between actual and normal costing. When a single, volume-based cost driver is used to apply manufacturing overhead, what is the managerial accountant's primary objective in select- ing the cost driver?

  How to make cost of production report

Using the average cost method, compute for equivalent units of production and prepare cost of production report under each of the Loss occurs at the start.

  Compute journal entry to recognize interest expense

The company has not recognized any interest expense during 20X4. What is the journal entry necessary to recognize interest expense as of December 31, 20X4?

  Prepare appropriate journal entries related to investment

Prepare appropriate journal entries related to the investment during 2021, assuming Runyan accounts for this investment by the equity method.

  Explain what static and flexible budgets are

Explain what static and flexible budgets are and how they relate to each other? What is a standard cost system and why is it used?

  What the remaining good units which will participate in cost

What the remaining good units which will participate in the cost of normal lost units encountered at the start of the process, shall be?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd