Reference no: EM132944707
Problem - The ledger of Swifty Company has the following work in process account.
Work in Process-Painting
5/1 Balance 3,790 5/31 Transferred out ?
5/31 Materials 7,030
5/31 Labor 5,648
5/31 Overhead 1,580
5/31 Balance ?
Production records show that there were 500 units in the beginning inventory, 30% complete, 1,600 units started, and 1,500 units transferred out. The beginning work in process had materials cost of $2,840 and conversion costs of $950. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.
Required -
How many units are in process at May 31?
What is the unit materials cost for May?
What is the unit conversion cost for May?
What is the total cost of units transferred out in May?
What is the cost of the May 31 inventory?
|
What change in net working capital resulting of microbrewery
: What change in net working capital resulting from the addition of the microbrewery is? You are considering adding a microbrewery on to one of your firm's.
|
|
Explain business operations in global markets
: b. Explain the forces which can relatively effects your business operations in global markets?
|
|
Current level of communication effectiveness
: What three things will you do in the next month to improve your current level of communication effectiveness?
|
|
What rate of return do expect to be rewarded on the stock
: If the shareholders believe that the dividend growth rate is 3% per year, what rate of return do they expect to be rewarded on the stock?
|
|
What is the unit conversion cost for May
: Production records show that there were 500 units in the beginning inventory, 30% complete, 1,600 units started, What is the unit conversion cost for May
|
|
Find the simple interest rate
: Mr. tan plans to buy a dining set from department store which cost P18,000.00.The loan charges P3,000 interest in 8 months.Find the simple interest rate
|
|
Prepare an amortization table for a debt of contracted
: Prepare an amortization table for a debt of $46,000,000 contracted for a 9-month term at a nominal quarterly interest rate of 4.5%, capitalized monthly.
|
|
Real risk-free rate and nominal risk-free rate of interest
: Your direct manager has asked you to explain why the cost of debt is different from the cost of equity and to differentiate between the real risk-free rate and
|
|
Check the result by performing the amortization table
: Payable in 16 quarterly installments, at a rate of 12% per annum with quarterly compounding. Check the result by performing the amortization table.
|