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Kazeer [188]
3 years ago
14

During December, Krause Chemical Company had the following selected data concerning the manufacture of Xyzine, an industrial cle

aner: Production Flow Physical Units Completed and transferred to the next department 100 Add: Ending work in process inventory 10 (40% complete as to conversion) Total units to account for 110 Less: Beginning work in process inventory 20 (60% complete as to conversion) Units started during December 90 All materials are added at the beginning of processing in this department, and conversion costs are added uniformly during the process. The beginning work in process inventory had $120 of raw materials and $180 of conversion costs incurred. Materials added during December were $540, and conversion costs of $1,484 were incurred. Krause uses the first-in, first-out (FIFO) process cost method. The equivalent units of production used to compute conversion costs for December were: a.110 units. b.104 units. c.100 units. d.92 units.
Business
1 answer:
Paul [167]3 years ago
3 0

Answer:

d.92 units.

Explanation:

Completed untis +

complete portion of ending WIP less

complete portion of beginning WIP

Completed and trasnferred 100

ending work in process_ 10 units x 40% = 4 units

beginning inventory 20 units x 60% complete (12) units

Equivalent Units for conversion 92

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8 0
4 years ago
A. Calculate the total estimated bad debts on the below information.
Rudik [331]

Answer:

The answer is below;

Explanation:

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5 0
3 years ago
The ________ process lays the groundwork for the project by clarifying the value it will bring to the organization, setting its
Rasek [7]

Answer:

initiating process

Explanation:

Initiating process -

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The process require the proper estimation of the steps need to be taken to complete the project on time , all the steps are considered and allotted in order all the employees are clear about the task they need to perform ,

The amount , goals and duration of the project is calculated in this very step .

Hence , from the given information of the question, '

The correct term is initiating process .

5 0
3 years ago
Material requirements plus an allowance for normal inefficiencies are added together to determine the.
gulaghasi [49]

Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard of a direct material per unit of output.

<h3>What is direct material ?</h3>

The cost of direct materials, which may be easily recognised with the unit of production. In the manufacture of light bulbs, for example, the cost of glass is a direct material cost. Material was required as the primary component in the creation of items or goods.

Direct material refers to the physical components of a product. A baker's direct materials, for example, include flour, eggs, yeast, sugar, oil, and water. The direct materials concept is utilised in cost accounting, where this expense is categorised independently in various types of financial analysis.

Direct materials are those that are essential to the manufacturing process and can be traced back to the specific product manufactured.

To know more about direct material  follow the link:

brainly.com/question/26245657

#SPJ4

3 0
2 years ago
Lacrue Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing o
Nataly_w [17]

Answer:

the standard amount of materials allowed for the actual output is 23,310 ounces

Explanation:

The computation of the standard amount of materials allowed for the actual output is shown below:

= Actual output × direct material

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hence, the standard amount of materials allowed for the actual output is 23,310 ounces

The same is relevant

3 0
3 years ago
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