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Rina8888 [55]
2 years ago
14

The Filling Department of Lilac Skin Care Company had 4,000 ounces in beginning work in process inventory (70% complete). During

the period, 42,800 ounces were completed. The ending work in process inventory was 6,200 ounces (40% complete). What are the total equivalent units for direct
Business
1 answer:
Sloan [31]2 years ago
7 0

Answer:

Direct Materials = 49,000 units

Conversion Costs = 45,280 units

Explanation:

<em>Hi, your question is incomplete. I have uploaded the full question as image below.</em>

Equivalent units are physical units of outputs expressed as percentage in terms of work done on them.

Equivalent units calculation :

Direct Materials = 42,800 x 100 + 6,200 x 100 % = 49,000 units

Conversion Costs = 42,800 x 100 + 6,200 x 40 % = 45,280 units

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hammer [34]

Answer:

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

Explanation:

Provided information,

There is a purchase of new production line. On which the company plans to charge depreciation as per straight line method for 5 years. As per the recent amendment the company has to charge depreciation fr 7 years under straight line method.

Thus, depreciation per year will be decreased.

As depreciation is an expense which is going to decrease with increase in duration, therefore, income will increase and accordingly taxes will increase.

Also the net balance of fixed assets will be higher, as depreciation is less.

Therefore, correct statement is

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

8 0
3 years ago
Solution Enterprises incurred $828,000 of fixed overhead during the period. During that same period, the company applied $845,00
Wewaii [24]

Answer:

Budgeted fixed overhead= $787,000

Explanation:

Budget variance = Actual overhead-budgeted overhead

-41000 = 828000-X

X = 787000

So answer is $787000

5 0
3 years ago
JavaPro Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. JavaPro Systems has budgeted
Iteru [2.4K]

Answer:

$429.60 Favorable

Explanation:

Provided information,

Standard Hours for each product = 3 hours

Standard Cost per hour = $14.00

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Standard hours for actual output = 80 \times 3 = 240 hours

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Direct labor cost variance = Standard Cost - Actual Cost

Standard Cost = Standard hours \times Standard Rae

= 240 \times $14 = $3,360

Actual Cost = 198 \times $14.80 = $2,930.40

Variance = $3,360 - $2,930.40 = $429.60

Since actual cost is less than standard variance is favorable.

$429.60 Favorable

3 0
3 years ago
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3 years ago
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Andrej [43]

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7 0
3 years ago
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