1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nordsb [41]
3 years ago
14

Walborn Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a

particular department consisted of 18,000 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,200. A total of 53,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.6 for materials and $3.3 for conversion costs.
The total cost of the units completed and transferred out of the department was:

a.$259,700

b.$254,180

c.$189,740

d.$225,380
Business
1 answer:
Sidana [21]3 years ago
4 0

Answer:

The total cost of the units completed and transferred out of the department was a.$259,700

Explanation:

The Concept of Equivalent units measures the units in terms of completion percentage in their inputs

<em>Calculation of Equivalent Units in Goods Finished and Transferred out of the department:</em>

<em>It is important to note that physical units finished and transfered were 53,000 units</em>

<em>Therefore equivalent units were</em>

Materials 100%× 53,000 = 53,000

Conversion Cost 100%× 53,000 = 53,000

<em>Calculation of  total cost of the units completed and transferred out of the department</em>

Materials =53,000×$1.60 =$84,800

Conversion Cost = 53,000 ×$ 3.30 = $174,900

Total = $259,700

You might be interested in
All of the following might be determined by the Franchiser in franchise agreement except.
Snowcat [4.5K]
A 
c
b
d
d
a
b
c
a
b
c
Hope this helps

3 0
2 years ago
Read 2 more answers
Which of the following is an example of marginal cost?
cestrela7 [59]

Answer:

B

Explanation:

6 0
3 years ago
"Water and Power Co. is a small company and is considering a project that will require $650,000 in assets. The project will be f
musickatia [10]

Answer:

The answer is =16.7%

Explanation:

Earnings before interest and taxes(EBIT) = $145,000

Tax rate is 25%

Therefore, the applicable tax rate on the earnings is 100% - 25% = 75%

So the Net income is 0.75 x $145,000

Net income = $108,750

The project is financed by 100percent equity and the cost is $650,000.

ROE(Return on Equity) = net income/equity

$108,750/$650,000

=16.7%

7 0
3 years ago
The following accounts were abstracted from Oriole Company's unadjusted trial balance at December 31, 2020: Debit Credit Account
Ronch [10]

Answer:

$52,710

Explanation:

Calculation for allowance for uncollectible accounts credit balance

Using this formula

Allowance for uncollectible accounts credit balance=Estimated gross uncollectible accounts receivable *Accounts receivable

Let plug in the formula

Allowance for uncollectible accounts credit balance=7%* $753,000

Allowance for uncollectible accounts credit balance=$52,710

Therefore After adjustment at December 31, 2020, the allowance for uncollectible accounts should have a credit balance of $52,710

7 0
2 years ago
What is the purpose of jim lentz’s series of presentations to toyota employees in california?.
Serggg [28]
<h3>Answer</h3>

To address employees concerns and provide details about relocation.

<h3></h3>

Explanation

CEO Jim Lent addressed the employees at Toyota to their concerns and to inform them about the relocation that is planned at a board level and then it is to be implemented.

CEO of Toyota is therefore addressing the employees to provide them details about relocation and to address their concerns.

<h3>Conclusion</h3>

Jim Lent CEO of Toyota, addressed the employees to provide them details about relocation and to address their concerns.

Learn more about Business at brainly.com/question/26562433

6 0
2 years ago
Other questions:
  • An accountant increases the price he charges for his services by 14 percent. In​ response, the demand for his services decreases
    14·1 answer
  • An assembly line manager changes the times she observes behavior to determine rewards for workers. One day, she observed employe
    14·1 answer
  • ___________ is a phenomenon in which the project manager spends more time documenting project tasks, collecting performance meas
    7·1 answer
  • Page Up and Page down fall in the _______ keys category
    12·1 answer
  • Countries with more independent central banks have lower inflation rates, but these have come at the expense of greater output f
    9·1 answer
  • Suppose a stock had an initial price of $75 per share, paid a dividend of $1.55 per share during the year, and had an ending sha
    9·1 answer
  • Bren Co.'s beginning inventory at January 1, 2005 was understated by $26,000, and its ending inventory was overstated by $52,000
    7·1 answer
  • Users who do not directly run the organization and have limited access to accounting information are known as ------------ (inte
    10·1 answer
  • The ___ can transfer the right to cash a check to another party by endorsing
    8·1 answer
  • n 2012, alder inc. (seller) and dell, inc. (buyer) signed a long-term sales contract that provided for cashier's check payments
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!