What was the total amount of manufacturing costs assigned

Assignment Help Managerial Accounting
Reference no: EM132540687

New Denver Co. had materials costs of $300,000 and conversion costs of $214,200 that were charged to a processing department in the month of September. Materials are added at the beginning of the process; conversion costs are incurred uniformly throughout the process. There were no units in beginning Work in Process, 100,000 units were started into production in September, and there were 8,000 units in ending Work in Process that were 40% complete IN the end of September.

Question 1: Given the information above for New Denver Co., what are the total equivalent unit for conversion costs if the weighted-average method is used?

Question 2: Given the information above for New Denver Co., what is the cost per equivalent unit for conversion costs if the weighted-average method is used?

Question 3: Given the information above for New Denver Co., what was the total amount of manufacturing costs assigned to the units that were completed and transferred out of the process in September if the weighted-average method is used?

Question 4: Given the information above for New Denver Co., what was the total amount of manufacturing costs assigned to the 8,000 units in the ending Work in Process if the weighted-average method is used?

Reference no: EM132540687

Questions Cloud

Post ideas on how you plan to fund your business : Not using any of the resources we've given, and without duplicating each other, please post ideas on how you plan to fund your business, what advantages.
What direction demand for dunkin donuts glazed doughnuts : Dunkin Donuts raises the price of its French Vanilla coffee by 15%. The demand for Dunkin Donuts glazed doughnuts will change in what direction?
Discuss 5 uses of the price-earnings ratio : Discuss 5 uses of the price/earnings ratio and 5 uses of dividend growth methods of determining the value of a target company.
What percentage will demand for dunkin donuts glazed donuts : Krispy Kreme lowers its price of glazed donuts by 20%. The demand for Dunkin Donuts glazed donuts will change by what percentage?
What was the total amount of manufacturing costs assigned : What was the total amount of manufacturing costs assigned to the 8,000 units in the ending Work in Process if the weighted-average method is used?
Century of population explosion and fossil fuels burning : Following the chapter reading, the authors assert that the twentieth century is considered as the century of population explosion and fossil fuels burning,
How much do need to change the price : If you want to increase the sales of your glazed donuts by 30%, in what direction and by how much do you need to change the price?
What is the cumulative markup of the department in dollars : What is the cumulative markup of this department in dollars and percentage? (You may want to use the grid below to help your calculation.)
How ethical dilemmas might complicate treatment : Consider at least one ethical dilemma encountered by mental health professionals who practice in forensic treatment settings. An ethical dilemma occurs when.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is the activity rate for activity of receiving orders

What is the activity rate for the activity of receiving orders? Craftsman Inc. manufactures high-quality metal instruments using an activity-based costing

  Which one would be considered liberal

Define the differences between judicial restraint and judicial activism. Which one would be considered liberal and which one would be conservative.

  How many hours are missing the fulfill the demand

How many hours are missing the fulfill the demand? What is the most optimal plan and what is the maximal profit that can be achieved.

  Job descriptions and job functions

What would you include in a job description for a new cashier? How about a sales person? What is included on your job description? Are there functions you perform that are not in your job description?

  Cost behaviour of firms

Describe the issues surrounding the effective measurement of a firm's cost behaviour). Describe the importance and limitations of financial ratio analysis

  Find what is the journal entry and what amount is recorded

What is the journal entry and what amount is recorded? The question is Jerry Technology returned 2 NR759 3D-HD Recorders that were originally sold for $1,096

  When trying to determine the actual cost of a good

Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold.

  Determine the amount of cash paid to suppliers

Determine the amount of cash paid to suppliers of merchandise for each of the nine independent situations below. All dollars are in millions.

  Discuss how your organization might use the findings

The purpose of the study defines what the researcher wants to find out and is found in the introductory section of the research article. Sometimes the purpose contains a research questions.

  Find what is the margin of safety percentage

What is the margin of safety percentage? (Round your final answers to the nearest whole percentage (i.e, .12 should be entered as 12).)

  Calculate labor rate and efficiency variances for august

Calculate labor rate and efficiency variances for August, and comment on whether labor costs for technicians appear to be in control or out of control.

  Provide explanations on variances

For the month of April, compute the following variances, indicating whether each is favorable(F) or unfavorable(U): Production-volume variance

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