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V125BC [204]
3 years ago
6

Kimbeth Manufacturing uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The foll

owing information pertains to operations for November. Units Work in process, November 1st 22,400 Started in production during November 140,000 Work in process, November 30th 33,600 The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs. The ending inventory was 90% complete as to materials and 40% complete as to conversion costs. Costs pertaining to November are as follows: Beginning inventory: direct materials, $71,160; direct labor, $26,610; manufacturing overhead, $20,110. Costs incurred during the month: direct materials, $618,800; direct labor, $241,330; manufacturing overhead, $513,600. What is the equivalent unit cost for materials assuming Kimbeth uses first-in, first-out (FIFO) process costing? $6.46 per unit. $4.34 per unit. $4.25 per unit. $4.28 per unit.
Business
1 answer:
larisa86 [58]3 years ago
7 0

Answer:

DM Cost per Equivalent unit: 4.25

Explanation:

22400 beginning  60% materials 20% conversion

140,000 started

33600 ending 90% materials 40% conversion

Beginning Inventory

DM 71,160

DL 26,610

MO 20,110

Conversion Cost  46,720

Cost during the month

DM 618,800

DL 241,330

MO 513,600

Conversion Cost 754,930

Equivalent units Materials

22,400 * .4     8,960

140,000       140,000

33,600 * .1    (3,360)

                  145,600

DM Cost per Equivalent unit: 4.25

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Explanation:

Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.

A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.

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If Congress ends an investment tax credit that used to subsidize domestic investment, how would this affect the market for loana
marin [14]

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The expense recognition (matching) principle requires that expenses (expenses/assets/liabilities) be recorded in the same accoun
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Expenses ; revenues ; adjusting

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John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most
MrMuchimi
The most cost effective way for John to buy a house in the suburbs is:

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This is to test the waters. During this time, he has to acclimatize himself into living in a new environment. He has to discover the pros and cons of living in the suburbs compared to living in the city like travel time in going to work, etc.

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Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate. Assume that
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Answer:

C) 6 pounds of pork and 8 pounds of tomatoes

Explanation:

Explanation:

            Labor hours to make 1 lb. of:          lbs. produced in 24 hours

                 Pork                  Tomatoes              Pork            Tomatoes

Farmer         6                            3                       4                       8

Rancher       4                            4                       6                       6

If both decide to specialize in producing only one good, the farmer will produce 8 pounds of tomatoes per day and the rancher will produce 6 pounds of pork per day.

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