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Bond [772]
3 years ago
10

Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the f

irst processing department consisted of 500 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 5,600 50% Conversion costs $ 1,800 20% A total of 6,900 units were started and 6,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs $ 158,800 Conversion costs $ 120,500 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. What are the equivalent units for conversion costs for the month in the first processing department
Business
1 answer:
Vinvika [58]3 years ago
3 0

Answer:

6,500

Explanation:

As per the given question the solution of equivalent units for conversion costs  is provided below:-

To reach the equivalent units of conversion first we need to find out the ending inventory units which is below:-

Ending inventory units = Beginning units + Started - Units completed

= 500 + 6,900 - 6,200

= 7,400 - 6,200

= 1,200

Equivalent units of conversion = Units completed + Ending Work in progress

= (6,200 × 100%) + (1,200 × (100% - 75%))

= 6,200 + 300

= 6,500

So, we have calculated the equivalent units of conversion by using the above formula.  

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Answer:

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Explanation:

It is understood that the total consumption of a product is 100% of it. Therefore, as long as there are 10 plants that, producing at a minimum efficiency scale on an equal basis, cover this total consumption, the percentage of consumption that each plant produces will be 10%.

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If you set a price of $17 per book for the trades among your friends:
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Houseman, Inc. anticipates sales of 43,000 units, 41,000 units, and 44,000 units in July, August, and September, respectively. C
Semenov [28]

Answer:

Total= 42,400 units

Explanation:

Giving the following information:

Houseman, Inc. anticipates sales of 43,000 units, 41,000 units, and 44,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 30% of the following month's sales.

We will assume that the beginning inventory for July equals the 30% policy.

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