The st vincent manufacturing company produces a single

Reference no: EM13566025

The St. Vincent Manufacturing Company produces a single product in a single processing department. The material is added when 25% of the conversion costs have been added. The Work-in-Process Inventory account on April 30th includes the following information: Beg Bal $1,382 Material 5,325 Labor 10,863 Overhead 15,012 During the month, the company finished and transferred 72,000 units out of the Work-in-Process Inventory. 9,000 units were in process at the beginning of the month and were 40% complete. 8,000 units were in process at the end of the month, and were 70% complete.

The company uses (FIFO) process costing. Required: (a) Compute the equivalent units of production (EUP) for materials and conversion costs in April. (b) Compute the unit conversion costs and unit material costs for April. (c) Compute the total cost transferred out of the WIP Inventory during the month of April. (d) Compute the cost of the ending inventory for April.

Reference no: EM13566025

Questions Cloud

What is the net income and ending capital balance supplies : journalize the following entries for oglala supplies 1-jan oglala purchases 100000 of merchandise from loopy and co.

What is the name given to choosing between or among : abc company is considering the purchase of a new cutting machine for 150000. the machine has an estimated life of 15

You will complete a project based on the national health : individual project project proposalyou will complete a project based on the national health service nhs within the uk.

Vango inc sells part number 86z to auto parts stores around : 1.vango inc. sells part number 86z to auto parts stores around the world. information about part number 86z is

The st vincent manufacturing company produces a single : the st. vincent manufacturing company produces a single product in a single processing department. the material is

Npv versus irr framing hanley llc has identified the : npv versus irr. framing hanley llc has identified the following two mutually exclusive projectsyearnbspnbsp cash flow

Atlanta cement inc buys on terms of 215 net 30 it does not : atlanta cement inc. buys on terms of 215 net 30. it does not take discounts and it typically pays 115 days after the

When determining the selling price of a bond should the : when determining the selling price of a bond should the market rate be used or should the contract rate? for the

Carlin corporation issued 2400000 of 5-year 8 bonds at 95 : carlin corporation issued 2400000 of 5-year 8 bonds at 95 the bonds pay interest semiannually on july 1 and january 1.

User Account

All Pages