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The CCPV Company manufactures a high - quality plastic pipe that goes through three processing stages prior to completion.
Information on work in the first department, cooking, is giving below for May: Production data:Pounds in process, May 1: materials 100%Complete; conversion 90% complete ...................................................... 70,000Pounds started into production during May ........................................... 350,000Pounds completed and transferred to the next department .................... ?Pounds in process, May 31: material 75% complete;Conversion 25% complete ................................................................. 40,000 Cost data:Work in process inventory, May 1:Materials cost ..................................................................................... $86,000Conversion cost ........................................................................................... $36,000Cost added during May:Materials cost ..................................................................................... $447,000Conversion cost ..................................................................................... $198,000The company uses the weighted-average method.Required:1. Compute the equivalent units of production.2. Compute the costs per equivalent unit for the month.3. Determine the cost of ending work in process inventory and of the units transferred out to the next department.4. Prepare a cost reconciliation report for the month.
Ending work in process contains 1000 units that are 100% complete as to materials and 60% complete as to conversion costs.compute equivalent units of production for both materials and conversion costs using the fifo method.
calculation of capital budgeting.1.nbspcarter corporation has some money to invest and its treasurer is choosing
Explain the effects of the interest capitalization on the financial statements for all three years. Ignore income.
select a company that you are familiar with from the transportation industry.collect the 4 main financial statements
Calculate the book value of a three-year-old machine that cost $324,000, has an estimated residual value of $18,000, and has an estimated useful life of 18,000 machine hours. The company uses units-of-production depreciation and ran the machine 3,000..
Pumpkin Mfg., Inc., is currently operating at only 92 percent of fixed asset capacity. Current sales are $780,000. Fixed assets are $470,000 and sales are projected to grow to $880,000. How much in new fixed assets is required to support this growth ..
Indicate in which section of the balance sheet each of the following accounts is classified. Use the symbols CA for current assets, NCA for noncurrent assets, CL for current liabilities, LTL for long term liabilities and SHE for stockholders equit..
Arizaga Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to the Waterproofing departmen..
The cost of goods manufactured schedule is used to calcualte the cost of producing products for a period of time. The cost of goods manufactured amount is transferred to the finished goods inventory account during the period and is used in calculatin..
classification of various cash flows in to operating investing or financing activities.cash flow classificationsfor
Perform horizontal and vertical analysis on Westward both income statement and balance sheet, show your results and assess the financial performance of Westward, given the analysis tools used above.
question show the 2009 financial statements for the walt disney company on the internet. use the information contained
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