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David Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,000 units in its beginning work in process inventory that were 75% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $125,200. An additional 69,000 units were started into production during the month. There were 21,000 units in the ending work in process inventory of the Welding Department that were 10% complete with respect to conversion costs. A total of $395,250 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month? (Round your final answer to 3 decimal places.)
calculation of break even sales in dollars.selling price per unit-20total fixed expenses-5000variable expenses per
Joseph Max, Inc., sold 10-year, 7 percent bonds for $1,000,000 at 98. On the interest payment date at the end of the 5th year the bonds were outstanding, 50 percent of the bonds were retired by Max at 102 under an early retirement option that was inc..
Would Collison's comments provide a justification for moves towards profit measures that incorporate ‘full costs' (considers the externalities of business)?
How to report in tax return at the end of year for both the buyer and seller? Do we need to report anything in Schedule k or k-1 or Form 8949 or Schedule D.
Iidentify condition impacting type of audit report, how material and what type of report would be appropriate.
1. partner investments journal entries. the lp partnership was formed on 1st january 19x7 by investments from bill levy
During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?
The following information relates to Vice Versa Ventures for calendar year 20XX, the company’s first year of operations: Create an income statement using full costing.
At the beginning of his current tax year, Eric bought a corporate bond with a maturity value of $36,000 from the secondary market for $29,100. The bond has a stated annual interest rate of 4 percent payable on June 30 and December 31, and it matures ..
What is the manager’s responsibility in comparing data? What are the four common uses of comparative data? Illustrate what is meant by standardized data?
Purpose a schedule comparing depreciation for financial reporting and tax purposes. Evaluate the deferred tax asset or liability at the end of 2012.
Columbia healthcare service is a nonprofit organization. They have revenues of 22 million in 2014. In addition, they had personnel cost of 15.6 million, supplies of 1.4 million and depreciation of 1.2 million. All but 3 million of their revenue was r..
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