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strojnjashka [21]
3 years ago
15

Eclypso Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uni

formly in the mixing department.
Information for the mixing department for the month of October is as follows:
Work in process, October 1:
No. of units (45% complete) 7,200
Direct materials $42,000
Direct labor $50,400
Overhead $14,400
During October, 38,400 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October:
Direct materials $144,000
Direct labor $192,000
Overhead $ 60,000
By October 31, 3,600 units that were 85% complete remained in the mixing department. Eclypso uses the weighted average method. Eclypso's equivalent units of production using the weighted average method would be:_________
a. 24,740.
b. 32,000.
c. 41,460.
d. 35,000.
Alpha Technology produces two products: a high-end laptop under the label Excellent Laptops and an inexpensive desktop under the label Outstanding Computers. The two products use two overhead activities, with the following costs:
Setting up equipment $3,000
Machining $15,000
The controller has collected the expected annual prime costs for each product, the machine hours, the setup hours, and the expected production.
Excellent Laptops Outstanding Computers
Direct Labor $25,000 $10,000
Direct Materials $20,000 $5,000
Expected Production in Units 3,000 3,000
Machine Hours 850 2,000
Setup Hours 80 75
Calculate Outstanding Computer's consumption ratio for setup hours. (Note: Round your answer to two decimal places.)
a.0.75
b.0.90
c.0.25
d.0.45
e.0.48
35. Direct materials used in production, direct labor, and applied overhead are charged to the:
a. indirect labor account.
b. work-in-process account.
c. overhead account.
d. raw materials account.
Business
1 answer:
Paraphin [41]3 years ago
3 0

Answer and Explanation:

Equivalent units of production is

=Units completed & transferred + Units in ending work in process

= 38400 units+ (85% of 3600 units

= 41460 units

Outstanding Computer's consumption ratio for setup hours is

= (75 setup hours ÷ 155 setup hours) × 100

= 0.48

35.  

The direct material that are used for production, direct labor and the applied overhead should be charged to the work in process account

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Answer:

$0.65

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Both departments incurred $122,900  in manufacturing costs i.e($113,400+$9,500) while the total number of gallons of soup transferred to finished goods warehouse was 190,000 cans

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4 0
2 years ago
A firm has the following forecast information for sales of Product X: April 15,000 units May 17,000 units June 19,000 units July
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Answer:

<u>18,750 units</u>

Explanation:

A firm has the following forecast information for sales of Product X:

April 15,000 units

May 17,000 units

June 19,000 units

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Half of the firm's sales are for cash and the other half is on account.

Credit sales are collected in the following pattern: 60% in the month of sale, 30% in the month following sale, and 5% in the second month following sale (the remainder are uncollectible).

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June's Production Budget

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4 0
4 years ago
Read 2 more answers
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Answer:

d. quality.

Explanation:

-Delivery area refers to the places in which the appliances can be delivered.

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-Quality refers to the degree in which the appliances can meet the customer's requirements.

According to this, the answer is that based on its customers, ABC should try to dominate the market in quality because its products meet the expectations of professional chefs and that should be market to focus on as the company can have an important advantage by providing exactly what they need.

The other options are not right because professional chefs are interested on what they can do with this appliances and not on price, quantity or delievery area.

6 0
4 years ago
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