Conversion costs using weighted-average process costing

Assignment Help Accounting Basics
Reference no: EM13145122

ABC Company has a beginning Work-in-Process Inventory of 25,000 units (40% complete). During the period, 110,000 units were started and the ending Work-in-Process Inventory consisted of 20,000 units (80%). What are the equivalent units for conversion costs using weighted-average process costing?

A. 110,000

B. 115,000

C. 121,000

D. 131,000

Reference no: EM13145122

Questions Cloud

What volume will be occupied by 4.06 kg of osmium : The density of osmium is 22.57g/cm^3 what volume will be occupied by 4.06 kg of osmium
Break-even point in sales dollars : Ashland Burglar Alarms Inc. sells a single product. The product has a selling price of $50 per unit and variable expenses of 80% of sales. If the company's fixed expenses total $150,000 per year, then it will have a break-even point in sales dolla..
Contrast squamous cell carcinoma, adenocarcinoma : Describe the etiology, pathophysiology, and manifestations of pneumonia, tuberculosis, pulmonary hypertension, and cor pulmonale.
Highest contribution margin or contribution margin per hour : Assume that the scarce resource for the firm is time, that is if an hour more is spent on producing one more product, there would be an hour less spent on producing another product. The company should produce: highest contribution margin or con..
Conversion costs using weighted-average process costing : ABC Company has a beginning Work-in-Process Inventory of 25,000 units (40% complete). During the period, 110,000 units were started and the ending Work-in-Process Inventory consisted of 20,000 units (80%). What are the equivalent units for convers..
Explain write the expression for the reaction rate in terms : Write the expression for the reaction rate in terms of d[NOCl]. c. The concentration of NOCl drops from 0.580 M to 0.238 M in 8.00 min. Calculate the average rate of reaction over this time interval.
Proportion of healthy adults have pulse rates beats per sec : What proportion of healthy adults have pulse rates that are at most beats/sec? Round your answer to at least four decimal places.
What is the significance of ipsps : Describe where an EPSP is produce, and explain how it is produce. What is its significance?
Role of theory in management research : Role of theory in management research as a precursor to research process - The theoretical framework proposed will set the stage for seeking to examine the role of alliances in the strategic management of the natural gas supply chain.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the unemployment taxes

During 2012, Jeff Smallwood worked for two different employers. Until May, he worked for Rowland Construction Company in Cincinnati, Ohio, and earned $22,000. The state unemployment rate for Rowland is 4.6%.

  Examining the financial statements of gamma corporation

Jones was engaged to examine the financial statements of Gamma Corporation for the year ended June 30. Having completed an examination of the investment securities, which of the following is the best method of verifying the accuracy of recorded di..

  What is an agency cost

Which one of the following is an agency cost? a) accepting an investment opportunity that will add value to the firm b) increasing the quarterly dividend

  Cash dividend on common stock

A company declared a cash dividend on its common stock in December 2010, payable in January 2011.

  Debt and equity security

Distinguish between accounting treatment for available for sale equity securities and trading equity securities with example.

  Premium expense-inventory of premiums

Bonita places a coupon in each box of its product. Customers may send in five coupons and $3-A total of 400,000 boxes of product were sold in 2010. It was estimated that 6% of the coupons would be redeemed.

  Computing dpad of maria corporation

The company also sells dinnerware that is purchased from unrelated foreign producers. During the tax year 2010, Maria had a U.S. profit of $1.2 million (QPAI) and a profit from the imported merchandise of $100,000. What is Maria's DPAD?

  Estimating the bad debt expense

Calistoga Produce estimates bad debt expense at ½% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650 respectively, at December 31, 2010.

  Information about savings

Hungry Bites produces corn chips. The cost of one batch is below: Direct materials $18; Direct labor 13.00; Variable overhead; 11.00; and Fixed overhead 14.00.

  Problem related to standard deviation of returns

Security A has an expected rate of return of 6%, as standard deviation of returns of 30%, a correlation coefficient with the market of -0.25, and a beta coefficient of -0.5. Security B has an expected return of 11%, a standard deviation of returns..

  What is annes annual after-tax rate of return

Anne's marginal income tax rate is 30 percent. She purchases a corporate bond for $10,000 and the maturity, or face value, of the bond is $10,000. If the bond pays 5 percent per year before taxes, what is Anne's annual after-tax rate of return fro..

  What is the amount of gargoyle purchases during the month

JJ Gargoyle Company is preparing their budget for next year. COGS sold has been estimated at fifty percent of sales. Product purchases and payments are to be made during the month preceding the month of sale.

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