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amid [387]
3 years ago
13

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

particular department consisted of 20,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $26,000. A total of 57,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $2.00 for materials and $3.70 for conversion costs. The total cost of the units completed and transferred out of the department was: Multiple Choice $282,720 $381,920 $324,900 $341,920
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer:

The total cost of the units completed and transferred out of the department was: $324,900

Explanation:

First Calculate Total Cost per Equivalent Unit

Materials     $2.00

Conversion $3.70

Total            $5.70

Then, Calculate the Cost of Units Completed and Transferred

<em>Units Completed and Transferred × Total Cost per Equivalent Unit</em>

57,000 × $5.70

$324,900

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Knight Company reports the following costs and expenses in May.
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Answer:

A. Consider all indirect manufacturing costs

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A) Manufacturing overhead.

Consider all indirect manufacturing costs

B) Product costs.

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C) Period costs.

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4 0
3 years ago
For the past 15 years you have been depositing $700 per month in the PIMCO bond fund, and you have now transferred your current
madam [21]

Answer:

To determine the total amount of money that I will have in my account at the time of my retirement, we must consider the total amount paid into the PIMCO account during the last 15 years, and add to this value the potential amount to be paid in the next 20 years in the Vanguard account.

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7 0
3 years ago
Lusk company produces and sells 15,900 units of product a each month. the selling price of product a is $29 per unit, and variab
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<span>Decrease by $57,400 per month. Looks look at the cash flow for continuing to produce product a and discontinuing product a. Continuing to produce Income = 15900 * $29 = $461,100 Variable Expenses = 15900 * 23 = $365,700 Fixed overhead = $109,000 Total cash flow = $461,100 - $365,700 - $109,000 = -$13,600 So the Lusk company is losing $13,600 per month while producing product a. Let's see what happens if they stop producing it. Income = $0 Variable Expenses = $0 Fixed overhead = $71,000 Total cash flow = $0 - $71,000 = -$71,000 So if they stop producing it, their fixed overhead decreases, but is still at $71,000 per month, for a total loss per month of $71,000. The conclusion is to either lose $13,600 per month, or $71,000 per month. So if they stop production of product a, their loss per month will increase by $57,400.</span>
6 0
3 years ago
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Answer:

accounts receivable processing

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Which of the following is NOT a common form of indirect compensation?
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Answer:

O Discounts

Explanation:

Hope this helps

8 0
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