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Alex787 [66]
4 years ago
8

The ALG Manufacturing Company has gathered the following information for the month of September:• 6,000 units in the beginning W

ork-in-Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs)• 60,000 units were started into production• 50,000 units were completed and transferred to the next department• The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs.What are the equivalent units of production (EUP) for materials in the month of September assuming ALG uses weighted-average process costing? A. 52,000B. 64,500C. 66,000D. 61,500
Business
1 answer:
mars1129 [50]4 years ago
4 0

Answer:

C. 66,000

Explanation:

Ending Work in Process (WIP) = Beginning Work in Process + Units Started into Production - Units Completed and Transferred

Ending WIP = 6,000 * 100% + 60,000 - 50,000 = 16,000

Equivalent Units of Production (EUP) = Units Completed + Units Ending WIP x % of conversion

EUP = 50,000 + 16,000 * 100 = 66,000

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Answer:

Explanation:

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Direct labor per unit                                       48         24             60

Divide by Direct labor rate                       12         12             12

Direct labor hours per unit                        4           2               5

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Selling price                                            100         77              125

Less: Variable costs    

Direct labor                                              48          24                60

Direct materials                                       9           8                16

Variable overhead                                        7           4                  9

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Unit Contribution margin                               36           41                 40

Divide by Direct labor hours per unit         4            2                  5

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4 0
4 years ago
Case Study: Capitalization versus Expensing
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Answer:

Please see attachment

Explanation:

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7 0
4 years ago
If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?
ValentinkaMS [17]

Answer:

These are the answer choices for the question:

A. Transfer your balance to a credit card

B. File for bankruptcy

C. Contact your lender

D. You cannot default on student loans

And this is the correct answer:

C. Contact your lender

Explanation:

If you are about to default on your student loans, the best alternative you have is to contact your lender in order to renegotiate the terms of the loan. This is because you cannot default on student's loan, so filing for bankruptcy is not an option, and transferring the debt to a credit card is not a good idea because credit card debt usually has higher interest.

8 0
3 years ago
The following data relate to factory overhead cost for the production of 6,000 computers: Actual: Variable factory overhead $142
Damm [24]

Answer:

1. $4,400 Favorable

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Explanation:

The computation of given question is shown below:-

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= $142,600 - 6,000 × 24.5

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= $28 - $3.5

= $24.5

2. Fixed factory overhead volume variance

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= $35,000 - $21,000

= $14,000 Unfavorable

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= ($142,600 + $35,000) - (6,000 × $28)

= $177,600 - $168,000

= $9,600 Unfavorable

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Answer:

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