Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Calculation of physical units and equivalent units for materials and conversion costs given work-in-process data at beginning, processing and ending.
In Ramirez company, materials are entered at the beginning of each process. Work in process inventoried, with the precentage of work done on conversion costs, and production data for its Stenrilizing Department in selected months during 2008 are as follows.
Beginning Work in Process
Ending Work in Process
Month
Units
Conversion Cost%
Units Transferred Out
January
-0-
---
7,200
2,700
60
March
13,300
3,100
30
May
17,000
5,300
80
July
11,000
1,900
40
Compute the physical units for January and May. (If answer is zero, please enter 0, do not leave any fields blank)
Units to be accounted for Beginning Work in Process
Started in production
Total units
Units accounted for Transferred Out
Compute the equivalent units of product for (1) materials and (2) conversion cost for each month.
Materials
Conversion costs
Evaluate the unit material cost for the period? Evaluate the unit conversion for the period?
Erroneously recorded and accounts payable and Prepare bank reconciliation as of 31 Oct from
Purpose summary journal entries related to the (1) sales, (2) sales returns, (3) collections of accounts receivable, and (4) write-offs of accounts receivable for the year ended September 30, 2009.
Calculating the project's net present value and evaluate each project's net present value
Determine the current requirement under GAAP and IFRS,
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Southland Industries - Compare Earnings per share (EPS) for the given levels of EBIT
Evaluate the division's margin, evaluate the division's turnover and What is the division's return on investment (ROI)?
Evaluate Mr. Segovias minimum net employment income for the 2009 taxation year. Ignore PST and GST considerations.
Who are the stakeholders in this situation
Prepare absorption and contribution margin income statements for the succeeding quarter for the division. Compute production costs per unit for both approaches and for both quarters.
As illustrated Interbrand estimates the value of the Disney brand name in 2009 at $28.45 billion. Search Disney's financial statements and notes - what is Disney's guess of the value of the Disney name?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd