All direct materials used inthe production of telescopes

Reference no: EM13611384

A company makes telescopes. All direct materials used inthe production of telescopes are added at the beginning of themanufacturing process. Labor and overhead are added evenlythereafter, as each unit is assembled, adjusted, andtested. The company uses process costing and had thefollowing unit production information available for the months ofJanuary and February:
Jan Feb

Number of units in beginning work in processinventory............ 0 50
Number of units started during themonth.................................200 300
Total number of units transferred to finishedgoods................... 150 250

The units in work in process at the end of January wereapproximately 40 percent complete. During the month ofFebruary, all of the beginning work in process units were completedand the units remaining in work in process at the end of the monthwere approximately 75 percent complete.

a. for the month of Februaury, calculate the equivalent unitsproduced for each of the two cost categories- direct materialsand labor and overhead.

Reference no: EM13611384

Questions Cloud

You plan to continue this for 4 years i draw the cash flow : you invest 300 dollars every 3 months in a saving account that pays a nominal interest rate of 6 compounded quarterly.

If the linear correlation between two variables is negative : if the linear correlation between two variables is negative what can be said about the slope of the regression

A space probe journeys at a constant velocity from earth : a space probe journeys at a constant velocity from earth to tau ceti a distance of 11.5 y in a time of 1.4 y as

Equipment was purchased for 70000 cash in addition : comparative balance sheet december 31 assets 2012 2011 cash 41000 47000 accounts recievable 67000 70000 inventory

All direct materials used inthe production of telescopes : a company makes telescopes. all direct materials used inthe production of telescopes are added at the beginning of

Find the temperature of the steam at the inlet of the : a reheat regenerative rankine cycle. steam enters the turbine at 8mpa and 500 c at a rate of 15 kgs and is condensed to

When you observe unethical behavior by a co-worker or : when you observe unethical behavior by a co-worker or another health care professional what do you normally do? what

Conduct the appropriatenbspt-test atnbspa 05 to determine : you randomly selectnbsp9nbspfire-breathing dragons and the number of knights and princesses eaten by each dragon is

Land and a warehouse were acquired for 710000 what amounts : land and a warehouse were acquired for 710000. what amounts should be recorded in the accounting records for land and

User Account

All Pages