What is the total manufacturing cost per unit

Assignment Help Managerial Accounting
Reference no: EM132829938

The controller for Franklin Company prepared the following information for the company's Mixing Department:

Total Conversion costs $210000

Total material costs $360000

Equivalent units of production for conversion costs $60000

Equivalent units of production for materials $120000

Problem 1: What is the total manufacturing cost per unit for the Mixing Department?

A: $4.75
B: $3.50
C: $6.50
D: $3.00

Reference no: EM132829938

Questions Cloud

Describe incentives management has to misrepresent estimates : Describe the incentives management has to misrepresent these estimates. Discuss controls/procedures that may be put in place to prevent misrepresentation
Implement the insertion sort algorithm in python : Implement the insertion sort algorithm in python - Compare the time for these implementations for the following cases. The code for recording the runtime
Explain the risk-based approach to an audit : Why do auditors aim to comply with best practice? Provide three(3) examples of' best practice' that IS auditors use in auditing.
What you observed about using questioning strategies : Thinking about your future professional practice, explain how you will apply what you observed about using questioning strategies in social studies instruction.
What is the total manufacturing cost per unit : What is the total manufacturing cost per unit for the Mixing Department? Equivalent units of production for conversion costs $60000
Identify two american history standards for your state : Select one K-8 grade level and identify two American history standards for your state. Complete the "American History Questions Chart" by developing a lesson.
How much gain does gamma corporation recognize as a result : How much gain does Gamma Corporation recognize as a result of this distribution? How much dividend income does Lisa recognize as a result of this distribution?
Compute descriptive statistics for variable : Compute descriptive statistics for this variable including a box and whisker plot. Comment on the results.
Describe the objective of the lesson or the training : Describe an educational situation where it would be appropriate to use a form of behaviorism. You can use an example from your own educational experience.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What the labour efficiency variance for march is

Cox Engineering performs cement core tests in laboratory.Actual variable manufacturing overhead incurred was £3,200. The labour efficiency variance for March is

  Determine source of financing would recommend

Issue bonds with maturity period of 15 years. The company is willing to pay yearly coupon rate at 12 percent with flotation cost of 3.5 percent of selling price

  Calculate the anticipated cash balance at the end

Hallaway Inc. developed the following data for the month of June. Calculate the anticipated cash balance at the end of the month of June

  Compute the net present value for acme company

How to Compute the net present value. (Hint: Use Microsoft Excel to calculate the discount factor(s).) (Do not round intermediate calculations)

  Calculate the dupont model

Calculate the DuPont Model, given the following balances: Year 1 data Cash R16,080 Accounts receivable R9,500 Prepaid R3,150 Supplies R675 Equipment

  Which is a discount security and is traded in the money

Which is a discount security and is traded in the money market? Which of the statements is true? Assessable income equals taxable income plus legitimate.

  What will happen to the break even point for the company

If the sales mix shifts towards Product Q911 with no change in total sales, what will happen to the break even point for the company? Explain

  What is the net present value for a business

The machine can be sold at the end of the year four for $25,000. Assume a discount of 8%. What is the net present value(NPV)?

  Compute how cash generation different from concept of profit

Compute How is cash generation different from the concept of profit and loss (P&L) in accounting? Provide an example of how a company manages cash flow.

  Important for management decision-making

Describe three qualitative factors that would be important for management decision-making. Then, assess each of them in order of importance

  Compute the net cash inflow anticipated from sale

Compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year.

  Find direct method used to allocate service department cost

Salerno Company has two service departments, Maintenance, Assume the direct method is used to allocate service department costs to producing departments.

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