Weighted-average method

Assignment Help Corporate Finance
Reference no: EM1315871

Computation of Equivalent units using weighted average method.

Jones Sodas adds materials at the beginning of the process in Department A. The following information pertains to Department A's work in process during April:

 

 

 

  Units

Work in process. April 1 (60% complete as to conversion costs).

 

  6,000

 

Started in April ............................................................................

 

40,000

 

Completed ....................................................................................

 

30,000

 

Work in process. April 30 (40% complete as to conversion costs).

16,000

 

 

 

Required:

Computed the number of equivalent units for materials using the weighted-average method.

Compute the number of equivalent units for conversion costs using the weighted-average method.

 

 

Reference no: EM1315871

Questions Cloud

Group of homomorphism : Group of homomorphism of normal subgroup is normal.
Trials of a binomial experiment result : Suppose that n trials of a binomial experiment result in no successes.
Computation of break even volume of service revenue : Computation of Break even volume of service revenue - Find the revenue must the firm generate to earn an after-tax net income of $100,000? and consider the firm's income tax rate rises to 40 percent. What will happen to the break-even level of consul..
Simplify the group as a finitely generated abelian group : Simplify the group as a finitely generated abelian group.
Weighted-average method : Evaluation of Equivalent units using weighted average method and evaluate the number of equivalent units for materials using the weighted-average method.
Confidence interval used to estimate population proportion : Find the sample size for the 95% confidence interval used to estimate the population proportion.
Determine an expense budget on an accrual basis : Calculate an expense budget on an accrual basis for the coming year. The expense budget does not require detailed information by program or department, but should show each type of expense such as salaries and supplies. Be sure to consider the impact..
Combining revenue and expense budget : Preparation of operating budget of hospital by combining revenue and expense budget - Combine the revenue (Section A) and expense budgets to present an operating budget for the coming year.
Matrice operations : Matrice operations

Reviews

Write a Review

Corporate Finance Questions & Answers

  Questions based on balance sheet data

Multiple Choice questions based on balance sheet data and An accounting time period that is one year in length is called and One of the accounting concepts upon which adjustments for prepayments and accruals.

  Provide all calculations for final year of existence

For each year of your company's existence, calculate the [GA (by class) your company could have/should have normally claimed assuming your company had millions of profits in each year of its existence. Also, for your company's final year of existe..

  Average price-earnings ratio

What is the value per share of the company's stock

  Finding the value of inventory destroyed

Finding the value of inventory destroyed in natural disaster - estimate the amount of inventory destroyed in the natural disaster.

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Analysing financial actions

Analysing financial actions taken by Westpac Banking Corporation

  Computation of yield on a corporate bond

Computation of yield on a corporate bond. presume that there is no maturity risk premium. What is the yield on this 5-year corporate bond

  Preparation of journal entry to establish petty cash fund

Preparation of journal entry to establish the petty cash fund and Janet's Spa decided to establish and maintain a petty cash fund of $800 in April. During the month the following happened.

  Prepare the journal entries on the appropriate dates

Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split and Fill in the amount that would appear in the stockholders' equity section for Klein Corporation at December 31, 2002.

  Financial statements: financial planning and growth

Financial Statements; Financial Planning and Growth; Time Value of Money

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  What is the corresponding effective annual interest rate

Joshua bought a car for $5,000 and sold it two months later for $5,200. The corresponding effective annual interest rate

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