### Compute the equivalent units for the month

Assignment Help Financial Accounting
##### Reference no: EM13528671

Pureform. Inc., manufactures a product that passes through two departments. Data for a recent month for the first department follow:

The beginning work in process inventory was 80% complete with respect to materials and 60% complete with respect to labor and overhead. The ending work in process inventory was 75% complete with respect to materials and 50% complete with respect to labor and overhead.

Required:

Assume that the company uses the weighted-average method of accounting for units and costs.

I. Compute the equivalent units for the month for the first department.

2. Determine the costs per equivalent unit for themonth.

### Write a Review

#### Scully corporations comparative balance sheets are

scully corporations comparative balance sheets are presented below.scully corporation balance sheets december

#### Decision on proposal where contract price

Decision on proposal where contract price is lesser than variable cost - What in house costs should be used to compare with the proposal received from the contractor?

#### Calculation of owners equity and net income for financial

calculation of owners equity and net income for financial statement. nbspafter preparing the financial statements for

#### Determine net sales for october 2012

Determine net sales for October 2012 and evaluate gross profit for October 2012

#### Evaluate the predetermined overhead rate for august

The company re - computes its predetermined overhead rate every month. Evaluate the predetermined overhead rate for August

#### Determine the required sales in dollars to meet the target

Determine break even in dollars for 2011. Determine the required sales in dollars to meet the target net income during 2011. List at least two ways Pitre Company could earn their target net income of \$175,000:

#### What are effects of this transaction on accounting equation

On September 30, MFP Co. paid employee salaries \$7,000, including \$1,000 it owed to its employees last month. What are effects of this transaction on the accounting equation?

#### Sell of process decision

Prepare an analysis that shows whether or not the 20,000 units of Product A should be processed further and prepare an analysis to determine whether Varto should sell the products as is or rework them and then sell them

#### What was the top marginal personal income tax rates

what was the top marginal personal income tax rates in 1980? what is the top rate now? are you in favor of or opposed to the lower marginal rates? why

#### How your proposal ultimately maximizes profits

From the first e-Activity, propose a short-term and long-term pricing strategy for the product or service you researched including how the strategies would be implemented. Assess how your proposal ultimately maximizes profits.

#### Illustrate what is great lake effective tax rate

Net nonoperating expense before tax of \$53,828 thousand. Great Lakes statutory tax rate for 2010 is 35%. Illustrate what is Great Lake’s effective tax rate?

#### Cost of merchandise soldbased on the subsequent data

cost of merchandise soldbased on the subsequent data determine the cost of merchandise sold for marchmerchandise