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kkurt [141]
3 years ago
11

Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. E

quivalent units have been calculated to be 12,700 units for materials and 10,650 units for conversion costs. Beginning inventory consisted of $8,000 in materials and $8,800 in conversion costs. April costs were $30,000 for materials and $43,612 for conversion costs. Ending inventory still in process was 4,100 units (100% complete for materials, 50% for conversion). The cost per equivalent unit for conversion costs using the weighted average method would be:
Business
1 answer:
ch4aika [34]3 years ago
5 0

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.

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3 years ago
Your uncle repays a $450 loan from Tenth National Bank (TNB) by writing a $450 check from his TNB checking account. Assume these
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Answer:

Uncle accounting:

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Bank Accounting

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B.- False

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6 0
3 years ago
Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China
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Answer:

The answer is "Option A".

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4 0
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Murray Motor Company wants you to calculate its cost of common stock. During the next 12 months, the company expects to pay divi
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Answer:

Cost of retained earnings  = 0.13

Explanation:

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solution

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Answer:

A. Democratic

Explanation:

Leadership is art of guiding & motivating a group of people to achieve a common goal.

Democracy is form of governing based on considerate importance to all people's opinion in group. It is opposite of 'autocratic' governing where leader has immense power & takes decision based on only own opinion.

Joe is considering opinion of all the members of organisation, while taking a decision of purchasing a machine. He paid attention to not only opinion of department heads, but also opinion of other employees. Despite of he & department heads perceiving it to be a good idea, employees considered it to be unnecessary. Thereafter Joe didn't purchase the machine. So, his decision encompassing all people's opinion depicts Democratic Leadership.

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