User Account

All Pages

What would equivalent unit of production for conversion cost

Assignment Help Managerial Accounting
Reference no: EM132662202

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 center 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: EM132662202

Questions Cloud

Why are inventories very important for some industries : Illustrate with examples the inventory assumptions, such as LIFO and FIFI. Show their effects on the cost of goods sold, net income, and taxes.
Is social support correlated with hiv infection rates : Is social support correlated with HIV infection rates in Sub-Saharan Africa? If nurses participate in leadership organizations, are they more likely.
Impact of business ethics on job performance : What were the outcomes of your database search? How did you modify your search terms to achieve a successful search?
Idea of the overall financial condition : What are some drawbacks of ROE and what are other metrics you could use to complement ROE and get a better idea of the overall financial condition
What would equivalent unit of production for conversion cost : If 10,000 units were transferred to the next processing center during the month, what would be the equivalent units of production for conversion costs?
Find days sales outstanding ratio : - A business has $1,500,000 in accounts receivable. Its annual sales for the fiscal year is $30,000,000. What is its days sales outstanding ratio?
Corporate culture at wells fargo : How much blame does the board deserve? What could it have done differently to prevent the cross-selling issue from snowballing?
Floating exchange rates in a small open economy : Using IS, LM and BP schedules to discuss the effectiveness of fiscal policy under fixed exchange rates as well as floating exchange rates in a small open
What is the prevalence of pain in the older adult : What are some of the potential barriers related to self-reporting of pain in the older adult? What is the prevalence of pain in the older adult?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd