Per-unit conversion cost

Assignment Help Financial Accounting
Reference no: EM13746923

Exco Inc. had a per-unit conversion cost of $4.00 during April and incurred direct materials cost of $100,000, direct labor costs of $75,000, and overhead costs of $45,000 during the month. How many units did they manufacture during the month?

Reference no: EM13746923

Questions Cloud

Computation of future values and present values : (Computation of Future Values and Present Values) Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) What is the future value of $9,000 at the end of 5 periods at 8% compounded inte..
How uneven distribution of nations wealth weaken us economy : How did the uneven distribution of the nation's wealth weaken the American economy?
Calculate your monthly income : Select the first three letters of your last name. Each letter has a numerical place value in the alphabet. For example, D is 4, L is 12, and Z is 26. Add the three place values together. For example, Wallace would yield WAL, which is 23+1+12 = 36...
Include a credit to gain on sale of debt investments : Crain Co. purchased 60, 6% George Company bonds for $60,000 cash. Interest is payable semiannually on July 1 and January 1. If 30 of the securities are sold on July 1 for $32,000, the entry would include a credit to Gain on Sale of Debt Investments f..
Per-unit conversion cost : Exco Inc. had a per-unit conversion cost of $4.00 during April and incurred direct materials cost of $100,000, direct labor costs of $75,000, and overhead costs of $45,000 during the month. How many units did they manufacture during the month?
Purchased and placed in service a new car : On February 15, 2013, Leo purchased and placed in service a new car that cost $23,750. The business use percentage for the car is always 100%. He does take the additional first-year depreciation.  What MACRS convention applies to the new car?
How the company introduced the new product to customers : The impact of technology on customers in regard to the following: How the company introduced the new product to customers
What are some difficulties facing successful innovation : Respond to the following in a 250 -300 word post: Discuss the four main elements needed to bring an innovative idea to the marketplace. What are then some of the difficulties facing successful innovation
How did united states win war against powerful adversary : Assess both Patriot and British strengths and weaknesses when the Revolution began. How did the United States win the War against such a powerful adversary?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Preparation of the year-end financial statements

On December 20, 2008, an employee filed a legal action against Baylor for $100,000 for wrongful dismissal. Management believes the action to be frivolous and without merit. The likelihood of payment to the employee is remote.

  Research an unusual or conflicting accounting principle

Identify the core functions of each department, their strengths and weaknesses, and make recommendations for improvement, as appropriate

  Management report included in annual report to shareholder

Management reports have been a prominent topic the past few years. The term “Management Reports” can be understood in a variety of different contexts and applications. A management report is also included in the annual report to shareholders. An annu..

  Different classifications of assets to total assets

Discuss the relative importance of different classifications of assets to total assets. What additional information would you expect to find in the notes to the financial statements about major classification of assets?

  Prepare a presentation for the next managers meeting

In your presentation, define Balanced Scorecard, explain how it is used, and make a recommendation if SAC should adopt the Balanced Scorecard, and if adopted, how it might improve the company.

  How much to expense for the present year

Adjusting to $600,000 will add how much to expense for the present year?

  Illustrate amount should be reported as unamortized bond

Illustrate what amount should be reported as Unamortized Bond Issue Costs?

  Dividend by approximately 6% per year in perpetuity

Nielson motors has a share price of $50. its dividend was $2.50 and you expect Nielson Motors to raise its dividend by approximately 6% per year in perpetuity.

  Evaluate labor rate variance and labor efficiency variance

Compute the materials price variance and the materials quantity variance and compute the labor rate variance and the labor efficiency variance.

  Determine the transfer price per pound of recycled aluminum

Determine the transfer price per pound of recycled aluminum. Consider that each division is considered a profit center; could the fabrication manager decide to purchase 10,000 pounds next month from Metalife?

  Calculation of payment made to vendors

Calculation of payment made to vendors and Compute the following (and show your work to earn partial credit in the event your responses are incorrect):

  Includible in gross income by checking the boxes

Sandy and Louis Roman filed a joint income tax return for 2010. For each of the items or events listed below, indicate which are includible in gross income by checking the boxes next to those that are includible.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd