What would be cost per equivalent unit for conversion costs

Assignment Help Accounting Basics
Reference no: EM13137324

Hardouin Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $23,320. An additional 97,000 units were started into production during the month and 101,000 units were completed in the Welding Department and transferred to the next processing department. There were 18,000 units in the ending work in process inventory of the Welding Department that were 40% complete with respect to conversion costs. A total of $529,380 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)

A. $5.300 B. $5.458 C. $4.603 D. $5.108

Reference no: EM13137324

Questions Cloud

Create confidence interval around sample proportion : A total of 150 households were asked if they had Internet access, of which 57 responded "Yes". Which of the following would represent a 98% confidence interval around this sample proportion?
How many atoms of chromium are used : An auto bumper is coated with a layer of chromium, 0.017 cm thick. The bumper has a surface area of 3.43 x 104 cm2. The density of chromium metal is 7.19 g/cm3. How many atoms of chromium are used in the coating?
Operating activities to reported on the statement : Income repoted on the income statement for the year was $150,000.Exclusive of the effect of other adjustements, the cash flows from operating activities to reported on the statement of cash flows is?
Verbal behavior and non verbal behavior : What is different about how we interpret verbal behavior and how we interpret nonverbal behavior?
What would be cost per equivalent unit for conversion costs : Hardouin Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were 20% complete with re..
How many grams of f2 are needed : How many grams of F2 are needed to produce 120. g of PF3 if the reaction has a 78.1% yield?
Application envelopes at random looking for ten applicants : The application envelopes at random looking for 10 applicants with GRE scores over 600. How many envelopes do you think the staff will need to open?
Wmd and us policies on terrorism : How have worries over WMD terror attacks distorted a balanced approach to policy on terrorism? How do the current trends in terrorism affect the United States?
Decision making and cuban missile crisis : Discuss Khrushchev's decision to put missiles into Cuba. What was he trying to achieve and what were the flaws in his analysis? Use Allison's level of analysis approach to explain.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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