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
scZoUnD [109]
3 years ago
14

Richards Corporation uses the weighted-average method of process costing. The following information is available for October in

its Fabricating Department: Units: Beginning Inventory: 86,000 units, 70% complete as to materials and 25% complete as to conversion. Units started and completed: 262,000. Units completed and transferred out: 348,000. Ending Inventory: 33,000 units, 40% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process - Conversion: $79,700. Costs incurred in October - Direct Materials: $646,800. Costs incurred in October - Conversion: $919,300. Calculate the equivalent units of conversion.
Business
1 answer:
yuradex [85]3 years ago
8 0

Answer:

The equivalent units of conversion is 351,300

Explanation:

The computation of the conversion equivalent units is shown below:

= (Units completed and transferred out × conversion percentage) +  (Ending Inventory × conversion percentage)

= 348,000 × 100% + $33,000 × 10%

= 348,000 + 3,300

= 351,300

All other information which is given in the question are not relevant. So, ignore other information.

You might be interested in
Nguyen, Inc. has received a bid for 15 comma 000 units. The costing estimates show that the average cost per unit for this bid w
8_murik_8 [283]

Answer:

B. $ 12 comma 600 comma 000

Explanation:

15,000 units x $700 cost per unit = 10,500,000 total cost

markup policy for the firm: 20% of total cost

the sales price will be the total cost for the order plus a 20% of that cost as a gross profit margin.

sales price = cost x (1 + 20%)

sales price = total cost x 1.20

sales price = 10,500,000 x 1.2 = 12,600,000

4 0
3 years ago
The _ is the financial statement describing a firms yearly cash receipts and cash payments
erastova [34]
Statement of cash flows....
6 0
3 years ago
Calculate the value of total production for 2020 valued at the base year. Sugar per kg 1 Shirt Petrol per liter Base year: Price
Greeley [361]

The value of general production for 2020 is worth the bottom year: unfastened, granulated white sugar sold in 33-eighty oz. packages, irrespective of packaging type. Excludes brown sugar and synthetic sweeteners."

Production is the procedure of making or manufacturing items and merchandise from uncooked materials or components. In other words, manufacturing takes inputs and makes use of them to create an output that is a match for intake – an awesome product that has a price to a given up-person or client.

Production is the manner of creating, harvesting, or creating something or the amount of something that was made or harvested. An example of production is the introduction of fixtures. An example of production is harvesting corn to consume. An instance of production is the quantity of corn produced.

There are three commonplace forms of fundamental production systems: the batch system, the non-stop gadget, and the assignment system. inside the batch gadget, popular-motive systems and strategies are used to provide small quantities of output (goods or services) with specs that change substantially from one batch to the following.

Learn more about production here: brainly.com/question/16755022

#SPJ9

8 0
1 year ago
what are the primary differences between technical communication and other types of communication with which you might have expe
Semenov [28]

The most significant distinction between technical communication and the other types of writing you've done is that technical communication has a somewhat different emphasis on audience and goal. This sort of communication is more than just delivering information; it ensures that the audience properly understands what the author wishes to express.

The goal of all technical information is to explain complex or difficult instructions, concepts, or tasks in a clear, non-personal communication and understandable manner. Science, engineering, and technology are all covered in technical writing. Specifications, manuals, data sheets, research papers, field reports, and release notes are examples of typical documents.

To learn more about communication, click here.

brainly.com/question/22558440

#SPJ4

3 0
2 years ago
Please dont just answer for points
Temka [501]
I think the answer is A, only speaking from practical experience though!
7 0
3 years ago
Read 2 more answers
Other questions:
  • Jacque Solis (age 38) is leaving her current job and would like to take a long vacation before starting new employment. She has
    11·1 answer
  • During a​ period, 40,200 units were completed and​ 3,200 units were in ending WIP Inventory. Ending WIP was​ 95% complete for di
    5·1 answer
  • What are supertrends that are currently affecting the future of business?
    10·1 answer
  • Johnson, Inc. has just ended the calendar year making a sale in the amount of $10,000 of merchandise purchased during the year a
    6·1 answer
  • Y3K, Inc., has sales of $7,475, total assets of $3,525, and a debt−equity ratio of .34. Assume the return on equity is 20 percen
    13·1 answer
  • The IRR rule states that firms should accept any project offering an internal rate of return in excess of the cost of capitalA.
    10·1 answer
  • England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 50 scones per hour or 1 sweate
    14·1 answer
  • A recently launched line of baby clothing is gaining popularity among a large mass of the population. In which stage of fashion
    15·2 answers
  • Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $440,000. Shipping costs totaled $30,000. Foundat
    14·1 answer
  • A team member who supports the team by performing his or her assigned duties is a
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!