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Doss [256]
3 years ago
12

Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throu

ghout the process. Direct materials are added at the beginning of the process. During November, the company transferred 795,000 units of product to finished goods. At the end of November, the work in process inventory consists of 206,000 units that are 80% complete with respect to conversion. Beginning inventory had $650,650 of direct materials and $143,970 of conversion cost. The direct material cost added in November is $4,354,350, and the conversion cost added is $2,735,430. Beginning work in process consisted of 65,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 65,000 were from beginning work in process and 730,000 units were started and completed during the period.Required: 1. Determine the equivalent units of production with respect to direct materials and conversion.2. Compute both the direct material cost and the conversion cost per equivalent unit. 3. Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory.
Business
1 answer:
son4ous [18]3 years ago
3 0
I’m not sure if I understand this,


But I’ll try to figure this one out


Just give me some time
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Mice21 [21]

Answer:

1. spare parts  - Repair, and other activities

2. work-in-process  - Production maintenance

3. indirect materials - Customer Service

Explanation:

The manufacturing cost which is directly affected by the units produced is direct cost and the manufacturing cost which is not affected by the units produced is indirect cost.

Material used for Customer service is indirect material

Work in process is part of production maintenance

Spare parts are required to complete repair activities.

6 0
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Answer:

B. Expert power

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Based on the information provided regarding this scenario it can be said that the faculty member was using Expert Power. Expert Power is defined as the use of expert knowledge in order to get a subordinate to follow an instruction or order. Which in this specific scenario, the faculty members unique knowledge and experiences regarding Costa Rica allowed the other faculty members to look to him for guidance when dealing with topics revolving around Costa Rica.

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A young worker is starting her first job at a research lab. She spent four years
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7 0
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mart [117]

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