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
melomori [17]
3 years ago
14

Byrd Company decided to analyze certain costs for June of the current year. Units started into production equaled 14,000 and end

ing work in process equaled 2,000 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 25% complete and total conversion costs equaled $52,500?
A. $3.28.
B. $4.38.
C. $4.20.
D. $2.10.
Business
1 answer:
Molodets [167]3 years ago
5 0

Answer: Option (C) is correct.

Explanation:

Units Started into the production = 14,000 Units

Ending work in process = 2,000 units

Transferred Units = Units in the starting - Ending work in process

                              = 14,000 units - 2,000 Units

                              = 12,000 Units

Equivalent units = Transferred units + Ending work in process in units × % of Completion

                            = 12,000 Units + 2,000 Units × 25% complete

                           = 12,000 + 2,000 × 0.25

                           = 12,000 units + 500 units

                            = 12,500 units

Total Conversion cost = $52,500

Conversion\ cost\ per\ Equivalent\ unit=\frac{Total\ Conversion\ cost}{Equivalent\ Units}

Conversion\ cost\ per\ Equivalent\ unit=\frac{52,500}{12,500}                                                          

                                                                        = $4.2

You might be interested in
Ramos is an aggressive investor and likes to win at everything. He knows that it is impossible to win or beat the averages all o
Kamila [148]
The correct answer would be index mutual fund
3 0
3 years ago
At a promotion interview, it is important to ________.
stich3 [128]
Be honest about your qualifications
6 0
3 years ago
Read 2 more answers
Kira loves Mexican food. She saw a new Mexican restaurant that had affordable prices. She went in to eat but had a bad experienc
Sergeu [11.5K]

Answer:

level of quality

Explanation:

For Kira the restaurant has a low level of quality

5 0
3 years ago
Which of the following is a highly suspicious financial statement relationship? a. Increased revenues with increased cash flows
Crank

Answer:

The correct answer is letter "C": Increased inventory with decreased payables.

Explanation:

If in a general ledger there is more inventory but fewer account payables it is a clear indication that there has been a mistake recording the operations of a company or there are activities in the company that might be the result of fraud. Accounts payable represent obligations of the company to a third party because of short-term debt incurred. If there is more inventory, the logical is to have more accounts payable recorded.

3 0
3 years ago
An outside supplier has offered to make the part and sell it to the company for $25.10 each. If this offer is accepted, the supe
gogolik [260]

Missing information:

Corporation makes 5,700 units of part U13 each year. This part is used in one of the company's products. The company's Accounting Department reports the following costs of producing the part at this level of activity: Per Unit Direct materials $9.60 Direct labor $7.80 Variable manufacturing overhead $10.20 Supervisor's salary $5.90 Depreciation of special equipment $8.80 Allocated general overhead $8.00 An outside supplier has offered to make and sell the part to the company for $25.10 each.

Answer:

annual financial advantage of purchasing part from outside vendor = $73,380  

Explanation:

current production costs per unit:

  • direct materials $9.60
  • direct labor $7.80
  • variable manufacturing overhead $10.20
  • supervisor's salary $5.90
  • depreciation of special equipment $8.80
  • allocated general overhead (fixed) $8.00
  • total current costs per unit = $50.30
  • total costs $50.30 x 5,700 units = $286,710

costs if company decides to purchase the part form outside vendor:

  • purchase cost per unit $25.10
  • deprecation of special equipment $8.80
  • allocated general overhead $8.00
  • total costs per unit = $41.90
  • total costs $41.90 x 5,700 = $238,830
  • - revenue generated from using facility space = $238,830 - $25,500 = $213,330

annual financial advantage of purchasing part from outside vendor = $286,710 - $213,330 = $73,380  

4 0
3 years ago
Other questions:
  • ___________ and links, such as personal network bluetooth devices, barcode readers, and handheld pdas, pose a security risk in t
    13·1 answer
  • Superfund legislation does not obligate the environmental protection agency to _____.
    11·1 answer
  • All of the following securities are subject to reinvestment risk EXCEPT:(A)Municipal Bonds maturing in one year(B)Non-callable C
    12·1 answer
  • On which of the following goods or services might a tax increase be hardest to pass on to consumers? A) automatic car washes
    9·2 answers
  • Austin, Texas has passed a local ordinance that provides all motor vehicles must provide at least three feet of clearance when p
    7·1 answer
  • To succeed in today's competitive marketplace, companies need to be customer centered. Each company must divide up the total mar
    12·1 answer
  • Question 8
    13·1 answer
  • Q2. Management is equally important to run a political organisation as it is to run an
    8·1 answer
  • The Internet allows consumers to access information on-demand about products. This is an example of which kind of marketing util
    11·1 answer
  • a. what happens to the number of sandwiches and ice cream cones consumed if the price of ice cream cones rises to $2 a piece?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!