Calculated equivalent units

Assignment Help Accounting Basics
Reference no: EM13757410

LDR Manufacturing produces a pesticide chemical and uses process costing. On January 1, 2014, the first department, Mixing, had no beginning inventory. During January, 40,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed and 8,000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process and conversion costs are applied evenly through the process.

At the end of the month, LDR calculated equivalent units. The ending inventory in the Mixing Department was 60% complete with respect to conversion costs.

a. With respect to direct materials, what is the number of equivalent units in the ending inventory? Blank 1

b. With respect to conversion, what is the number of equivalent units in the ending inventory?

Reference no: EM13757410

Questions Cloud

Create a portable forensic evidence kit : Create a portable forensic evidence kit for corporate security investigations.
Employees can feel commitment toward a variety of targets : Employees can feel commitment toward a variety of targets (e.g., organization, team, supervisor) simultaneously. According to Meyer and Allen, organizational commitment consists of three dimensions: continuance, normative, and affective.
Create the savingaccount class : For this programming activity, you will create the SavingAccount class, which inherits directly from the bankaccount class. The savingsaccount class is similar to the checkingaccount class in that both classes inherit from bankaccount
Assumption of the transportation model : Which of the following assumptions is not an assumption of the transportation model?
Calculated equivalent units : At the end of the month, LDR calculated equivalent units. The ending inventory in the Mixing Department was 60% complete with respect to conversion costs.
Program which converts fahrenheit to celsius. : Create the following program which converts Fahrenheit to Celsius. Your program must have the following functions: Read integer Fahrenheit temperatures from the user. You need to check whether the input is the correct one or not. If the user enters ..
Differences have for the management of the operation : What are the major operational differences between burger king and mcdonalds? How do these differences relate to each company's method of competing in the marketplace? What implications do these differences have for the management of the operation an..
Describe the evolution of auditing : Describe the evolution of Auditing in the US financial services system. When did it first gain prominence and why?
Illustrate the decision making process : Discuss the decision process in the in question 1, include in your answer a diagram to illustrate the decision making process.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is to come in the last week of the class in this

deliverable length 3 parts see assignment details task background this individual project assignment serves as a

  Kramer company values its inventory by using the retail

kramer company values its inventory by using the retail method lifo basis stable prices. the following information is

  As the partner in charge of audits at dewey wright and

as the partner in charge of audits at dewey wright and moore you have decided to accept av imports and exports as a new

  On march 31 2013 m belotti purchased the right to remove

on march 31 2013 m. belotti purchased the right to remove gravel from an old rock quarry. the gravel is to be sold as

  What amount should c company record for patent amortization

In early 2021, C Company determined that the patent's economic benefits would last only until the end of 2025. What amount should C Company record for patent amortization in 2021?

  Hrabik corporation issued 600000 9 10-year bonds on january

hrabik corporation issued 600000 9 10-year bonds on january 1 2011 for 562613.this price resulted in an

  Calculate disk citys break-even point for the current year

disk city inc. is a retailer for digital video disks. the projected net income for the current year is 2840000 based on

  Cutting and finishing component kits are produced in the

ogden office outfitters began making high-quality office furniture in january. the companys executive desks are

  What is the casualty loss amount

Assume Victor will itemize deductions in 2010 (and that this was Victor's only personal casualty). What is the casualty loss amount that Victor may actually deduct on his return?

  Each year ace engines surveys 7600 former and prospective

each year ace engines surveys 7600 former and prospective customers regarding satisfaction and brand awareness. for the

  How much interest expense will be recognized in 2012

A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2012. Interest is paid on June 30 and December 31. The proceeds from the bonds are $14,703,109. Using effective-interest amortization, how much interest expense will be re..

  Buckhorn corporation bases its predetermined overhead rate

buckhorn corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. data

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