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Taya2010 [7]
3 years ago
10

Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion cost

s. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted-average costing. The following information is available for the month of March 2017 for the Assembly department. Work in process, beginning inventory 390 units Conversion costs (30% complete) Units started during March 840 units Work in process, ending inventory: 180 units Conversion costs (65% complete) The cost details for the month of March are as follows: Work in process, beginning inventory: Direct materials $346,000 Conversion costs $368,500 Direct materials costs added during March $707,500 Conversion costs added during March $1,124,000 What is the direct materials cost per equivalent unit during March
Business
1 answer:
sattari [20]3 years ago
7 0

Answer:

$932 per unit

Explanation:

The computation of direct materials cost per equivalent unit is shown below:-

Work in process ending 100% complete in material = 840 + 290

= 1,130

Total cost = Direct material + Direct materials costs added during March

= $346,000 + $707,500

= $1,053,500

Material Equivalent unit cost = Total cost ÷ Units to account for

= $1,053,500 ÷ 1,130

= $932 per unit

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Selling the bonds at a premium has the effect of a. raising the effective interest rate above the stated interest rate b. causin
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B. causing the interest expense to be lower than the bond interest paid

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2 years ago
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Answer:

2) the time consumers save when purchasing goods there.

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5 0
1 year ago
Colby Corporation has provided the following information Operating revenues from customers were $199,700. ·Operating expenses fo
topjm [15]

Answer:

d. $46,800

Explanation:

Operating revenues   $199,700

Less:

Operating expenses  <u> $111,000</u>

Operating Profit           $88,700

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Add:                

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Total Net Income        <u>$46,800</u>

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