What were the equivalent units for conversion costs

Assignment Help Managerial Accounting
Reference no: EM133110772

Question - Baker Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,000 units in its beginning work in process inventory that were 90% complete with respect to conversion costs. An additional 95,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 11,000 units in the ending work in process inventory of the Assembly Department that were 90% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?

Reference no: EM133110772

Questions Cloud

What is the present value of the bond : A 10-year U.S. Treasury bond with a face value of $1,000 pays a coupon of 6.6% with semiannual payment. What is the present value of the bond
Determine the resulting estimate of the option price : The time-t price of a nondividend paying stock following the Black-Scholes framework is s(t). You are given:
Calculate the beta of this portfolio of stocks : Calculate the beta of this portfolio of stocks using the current betas for each stock as given on Yahoo Finance or CNBC. What does this portfolio beta measure
Determine the value of the levered firm : An unlevered firm has a value of $800 million. An otherwise identical but levered firm has $60 million in debt at a 5% interest rate, which is its pre-tax cost
What were the equivalent units for conversion costs : Baker Corporation uses the weighted-average method in its process costing system. What were the equivalent units for conversion costs
Pros and cons of expanding into easter ontario : Qualitatively, what are the pros and cons of expanding into Easter Ontario, specifically with Queen's, Carleton, and uOttawa?
Sharpe ratio of the actively managed portfolio : Assume that you are the fund manager of an actively managed mutual fund with a broadly diversified portfolio. You are looking for over/undervalued stocks in the
Calculate the product unit cost : Calculate the product unit cost, given that $232,000 units were produced during March. Carry answer to two decimals and show your work
What is expected return : Suppose the risk-free return is 4.0% and the market portfolio has an expected return of 10.0% and a standard deviation of 16%.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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