What would be the equivalent units of production

Assignment Help Managerial Accounting
Reference no: EM132967676

Problem 1: Winkle Company uses the FIFO method in its process costing system. At the beginning of March, the work-in-process inventory in the Blending Processing Center consisted of 5,000 units, 90% complete with respect to conversion costs. At the end of the month, the work-in-process inventory consisted of 2,000 units that were 60% complete with respect to conversion costs. If 10,000 units were transferred to the next processing centre during the month, what would be the equivalent units of production for conversion costs?

a) 6,700 units.

b) 11,700 units.

c) 10,300 units.

d) 13,000 units.

Reference no: EM132967676

Questions Cloud

Find the expected monetary value of the new product : The probability of the market being good is 0.40, fair is 0.40, and poor is 0.20. Find the expected monetary value (EMV) of the new product
Which of the statements apply to the transition : Which of the statements apply to the transition? Penguin Inc. managers are considering replacing the organization's traditional costing system
How ethical factors and differences in ethical standards : Describe how ethical factors and differences in ethical standards affect the negotiation process - write a 2-page critique on the article
Major pros and cons of unions : What do you believe are the major pros and cons of unions today?
What would be the equivalent units of production : If 10,000 units were transferred to the next processing centre during the month, what would be the equivalent units of production for conversion costs?
How much of rubio loss from the limited partnership : How much of Rubio's $22,000 loss from the limited partnership can he deduct in the current year considering all limitations
What would be cost per equivalent unit for conversion cost : What would be the cost per equivalent unit for conversion costs for September on the Smelting Department's production report?
How much is net working capital : Alesha, Inc., has current assets of $4,000, net fixed assets of $23,100, current liabilities of $2,500, How much is net working capital
Calculate the cost of equity using the capm : The most recent stock price for the company is $50.00. Calculate the cost of equity using the CAPM (capital asset pricing model) method

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How many units should the company produce in a month

To maximize profits, what product and how many units should the company produce in a month? Brittany Furniture manufactures two product

  Compute the company retained earnings on december

Compute the company's retained earnings on 2010 December 31. Compute the company's retained earnings on 2011 December 31.

  Should the company continue to produce the product inhouse

Should the company continue to produce the product inhouse or outsource from Artery Limited? Provide an analysis to support your decision.

  Find what is the firm required return

Suppose a firm's price/earnings ratio is 10. What is the firm's required return if its return on equity is 13.5 percent? It expects to pay a dividend of $1.20

  How much should be ordered each time to minimize restaurant

A fast-food restaurant buys hamburger buns from a local. How much should be ordered (in whole number) each time to minimize the restaurant's total annual costs?

  What are the external failure costs refer to costs incurred

What are the External failure costs refer to costs incurred? Which of the following are considerations in determining a target selling price?

  Compute the residue income

Macau Division generated $30,000,000 of revenue on average assets of $18,000,000. Compute the residue income of 2020, and 2021

  Find how much total interest will be paid at end of the year

Compounded semi-monthly and will be paid together with the principal at the end of the year. How much total interest will be paid at the end of the year?

  Question - Formulate and solve the LP problem

Question - Formulate and solve the LP problem - The company wants to provide the least expensive mixture which will satisfy the customer's requirements

  What is the actual direct labor input mix percentage

What is the total actual amount of direct labor used? What is the actual direct labor input mix percentage? Calculate the total direct labor price

  Determine and calculate the new residual income

Determine and Calculate the new residual income if sales increase by 15% and the profit margin and invested assets remain the same.

  How might be used by the human resource function

Give an example of how it might be used by the Human Resource function? Explain variance analysis and its importance to management.

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