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USPshnik [31]
3 years ago
13

For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of

the process and there are 6,000 units in the ending work-in process which are 75% complete as to conversion costs, what are the costs that should be assigned to the ending work-in process inventory?
Business
1 answer:
VladimirAG [237]3 years ago
5 0

Answer:

The costs that should be assigned to the ending work-in process inventory is $102,000.

Explanation:

the costs that should be assigned to the ending work-in-process inventory = $8×6000 + 0.75×$12×6000

               = $102000

Therefore, the costs that should be assigned to the ending work-in process inventory is $102,000.

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According to research in the area of entrepreneurship, it is more likely that an entrepreneur will get a new business idea throu
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Which of the following is not a benefit of using advertising to promote a product or service?
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3 years ago
An appraiser has assigned the following weights to three adjusted sale prices: Comparable 1: $329,500 45% weight Comparable 2: $
n200080 [17]

Answer:

$322,990

Explanation:

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8 0
3 years ago
Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. E
ch4aika [34]

Answer:

$4,92

Explanation:

Step 1 Calculate the Total Cost of conversion costs incurred during the process.

<u>Total Cost of conversion costs</u>

Cost of conversion in Beginning inventory  $8,800

Add Cost of conversion for April                  $43,612

Total                                                                $52,412

Step 2 Calculate cost per equivalent unit for conversion costs

cost per equivalent unit = Total Cost of conversion / Total equivalent unit for conversion

                                        = $52,412 / 10,650

                                        = $4,92

Therefore, the cost per equivalent unit for conversion costs using the weighted average method would be $4,92.

5 0
3 years ago
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