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gladu [14]
2 years ago
15

Crador Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion co

sts are incurred uniformly throughout the process. Beginning inventory for January consisted of 1,100 units. 14,000 units were started into the process during January. On January 31, the inventory consisted of 800 units. Equivalent units for conversion costs were 14,800. What percentage complete was the ending inventory with respect to conversion costs on January 31 using the weighted-average method
Business
1 answer:
klasskru [66]2 years ago
8 0

Answer: 62.5%

Explanation:

Equivalent units = Units completed and transferred out + percentage completed of ending inventory

14,800 = (1,100 + 14,000 - 800) + Percentage

14,800 = 14,300 + Percentage amount completed

Percentage amount completed = 14,800 - 14,300

Percentage amount completed = 500 units

Percentage = Ending equivalent units / ending inventory

= (500/800) * 100

= 62.5%

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Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 30 comma 000 units. The inventory on hand at the b
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30,000 units

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3 years ago
The U.S. Congressional Budget Office has projected the debt-to-GDP ratio to increase dramatically in the future. One of the majo
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C.  projected increasing health care costs for the aging population.

Explanation:

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3 years ago
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3 years ago
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cost per equipment $75,000                  cost per equipment $65,000

sales price $105,000                                sales price $91,000

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