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
Natali5045456 [20]
3 years ago
14

Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Depar

tment completed its processing of 25,500 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $622,110 in total. The ending work in process inventory in January consisted of 2,100 units, which were 60% complete with respect to materials and 40% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows: Materials Labor Overhead Cost per equivalent unit $ 13.70 $ 3.20 $ 6.50 Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. 2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January. 4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month.)
Business
1 answer:
UkoKoshka [18]3 years ago
7 0

Answer:

EU materials     26,760

EU conversion 26,340

WIP ending 25,410

transferred out 596,700

}

Cost to be accounted for: 622,110

cost accounted for:

ending WIP inventory         25,410

finished goods inventory 596,700

Explanation:

WA Equivalent units:

completed units 55,500

ending WIP inventory  2,100 x 60% 1,260 materials

                                     2,100 x 40%  840 conversion

materials:     25,500 + 1,260 = 56,760

conversion:  25,500 + 840 = 56,340

Ending WIP valuation:

Materials: 1260 x 13.7  = 17,262  

Labor         840 x  3.2  =  2,688

Overhead  840 x  6.5  =  5,460

       Total ending WIP    25,410

Transferred-out:

25,500 x (13.7 + 3.2 + 6.5) =

25,500 x  23.4 = 596,700

You might be interested in
Rosalie is a sales consultant for Avon Cosmetics. This illustrates
aliina [53]

a. Rosalie is a sales consultant for Avon Cosmetics. This illustrates personal selling. Hence, option (a) is relevant option.

<h3>Give a brief account on Marketing.</h3>

Marketing is the process of discovering, developing, and delivering value to meet the needs of a target market in terms of products and services. Choosing a target market, selecting specific traits or themes to highlight in advertising, executing marketing campaigns, attending trade shows and open events, creating products and packaging that appeal to consumers, and defining the terms of sale, such as the purchase price, discounts, warranties, and return policies are other possible steps. Usually, the seller, who is usually a manufacturer or merchant, handles the marketing.

The occasional hiring of a specialized marketing firm or advertising agency may be necessary. Less frequently, a trade association or government agency (like the Agricultural Marketing Service) will market an entire sector or location, frequently a single food item (like Got Milk? ), food from a specific area.

b. Inside salespersons generally focus on taking orders and following up, whereas outside salespersons are more consultative. Hence, option (d) is the relevant option.

To know more about, marketing, visit :

brainly.com/question/27155256

#SPJ1

7 0
1 year ago
Bạn phải gửi 1 số tiền vào NH là bao nhiêu nếu sau 7 năm nữa bạn sẽ nhận được 50000$ (cho biết lãi suất NH là 10%/1năm).
aliina [53]

Answer:

Hiệu trưởng, P = $71428.57

Explanation:

Cho các dữ liệu sau đây;

Thời gian = 7

năm Lãi suất = 10%

Lãi suất đơn giản = $50,000

đô la Để tìm số tiền gốc;

Về mặt toán học, lãi đơn giản được tính bằng công thức này;

S.I = \frac {PRT}{100}

Ở đâu;

  • S.I là lãi suất đơn giản.
  • P là hiệu trưởng.
  • R là lãi suất.
  • T là thời gian.

Thay vào công thức, ta có;

50000 = \frac {P*10*7}{100}

50000 = \frac {70P}{100}

Cross-multiplying, we have;

50000 * 100 = 70P

5000000 = 70P

P = \frac {5000000}{70}

<em>Hiệu trưởng, P = $71428.57</em>

8 0
3 years ago
At the end of World War II many European countries were rebuilding and so were eager to buy capital goods and had rising incomes
fenix001 [56]

We would expect that the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>

<h3>What is aggregate demand?</h3>

Aggregate demand refers to the total demand for goods and services within an economy.

Because of the Marshall Plan initiated by the United States for rebuilding Europe after the Second World War, aggregate demand increased in both the United States and Europe.

<h3>Answer Options:</h3>

a. Both the US and Europe

b. The US, but not Europe

c. Europe, but not the US

d. Neither the US nor Europe

Thus, the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>

Learn more about aggregate demand at brainly.com/question/1490249

8 0
2 years ago
Explain why supply and price are positively related
pishuonlain [190]

Answer:

see below

Explanation:

A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.

Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.

6 0
3 years ago
A change in quantity supplied of a product is the result of a change in
jekas [21]
Demand supply and market equilibrium will have many changes due to change in the quantity of a supplied product.
5 0
3 years ago
Other questions:
  • A company purchased new machinery and incurred freight, assembly, and installation costs in addition to the invoice cost of the
    5·1 answer
  • ABC Co. expects to sell 2,200 units, give or take 10 percent. The expected variable cost per unit is $8.43 and the expected fixe
    11·1 answer
  • An early method of interrogation was ______, which included brutalizing an individual to gather information.
    14·1 answer
  • How are volatility and risk related in an investment?
    15·2 answers
  • Refer to the data for Best Bagels, Inc. (BB). BB is considering moving to a capital structure that is comprised of 20% debt and
    11·1 answer
  • SIROM Scientific Solutions has $10 million of outstanding equity and $5 million of bank debt. The bank debt costs 5% per year. T
    9·1 answer
  • The aircraft industry has long been dominated by two large aircraft manufacturers, Boeing and Airbus. The demand for major aircr
    9·1 answer
  • The use of multiple distribution channels that integrate organizations' brick-and-mortar stores with websites, catalogs, and app
    14·1 answer
  • Complementary and substitute goods
    15·1 answer
  • Pls sub to my channel ICUsiah​
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!