Compute the cost per equivalent unit for direct materials

Assignment Help Accounting Basics
Reference no: EM131648008

Question - At the end of August, a company's mixing department had "Total costs to account for" of $728,607. Of this amount, $255,927 related to direct materials costs, while the remainder related to conversion costs. The department had 52,230 total equivalent units of direct materials and 45,450 total equivalent units of conversion costs for the month. Compute the cost per equivalent unit for direct materials and the cost per equivalent unit for conversion costs.

Reference no: EM131648008

Questions Cloud

Discuss the advantages of group therapy : Discuss the advantages of group therapy, Discuss the nurse's role in working with groups.
Blanchard situational leadership theory : What dose Hersey and Blanchard's Situational Leadership Theory (SLT) tells about the leaders influence communication in the organization?
Explain why cognitive-behavioral therapy successful frank : Explain why cognitive-behavioral therapy (CBT) can be successful for Frank.
Cost considerations and methodologies of data collection : Explain how you would conduct a job analysis in a company that has never had job descriptions. Include cost considerations and methodologies of data collection.
Compute the cost per equivalent unit for direct materials : Compute the cost per equivalent unit for direct materials and the cost per equivalent unit for conversion costs
The role of multidisciplinary teams in the care of clients : Discuss the role of multidisciplinary teams in the care of clients
Transformational leadership and transactional leadership : How the role and influence of leader gets different in the Transformational Leadership and Transactional Leadership.
How to explain about significant accounting policies : How to explain about significant Accounting policies related to accounting items such as intangible assets or account receivables
Calculate the change in total contribution margin : The marketing manager believes that the higher-quality product would increase sales by 25% per month. Calculate the change in total contribution margin

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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