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omeli [17]
3 years ago
14

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

rtment for October: Percent Completed Units Materials Conversion Work in process, October 1 51,000 85 % 55 % Work in process, October 31 32,000 72 % 51 % The department started 392,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Business
1 answer:
kherson [118]3 years ago
5 0

Answer:

EU materials:    434.040‬

EU conversion: 412,632

Explanation:

W/a method count the complete units plus the percnetage of completion in the ending work in process intventory.

Materials:

transferred-out (completed) 411,000

ending WIP inventory

                    32,000 x 72% = 23,040‬

Equivalent untis materials:  434.040‬

Conversion:

transferred-out (completed) 411,000

ending WIP inventory

                    32,000 x 51% =     1,632

Equivalent untis conversion: 412,632

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Please kindly note that none of the

Options given in the question is correct.

The correct answer is calculated and explained below

Answer:

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Explanation:

Activity rate can be calculated by dividing Activity cost budgeted for the particular activity pool by the Estimated or Total Activity base for that pool

Activity rate = Budgeted activity cost ÷ Estimated or Total Activity base

In the question above,

Budgeted Activity cost for material handling = $443,500

Estimated or Total Activity base for material handling (Summation of Total moves) = 1,460 + 760 + 3,700 = 5920 moves

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3 years ago
What are the pros and cons of the JIT Strategy in company’s operation ?
Fudgin [204]

Answer:

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3 years ago
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Answer:

The overview of the statement is summarized below.

Explanation:

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When originally purchased, a vehicle had an estimated useful life of 12 years. The vehicle cost $47,000 and its estimated residu
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Answer:

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Explanation:

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