Data for the finishing department

Assignment Help Business Management
Reference no: EM131775333

Ready Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows:

WIP, April 1 14,000 units
Transferredminus-in costs in WIP, April 1 $79,940
Direct materials (100%) in WIP, April 1 $24,420
Conversion costs (75%) in WIP, April 1 $23,400
Units transferredminus-in 47,000
Transferredminus-in costs during April $550,900
Units completed 41,000
April direct materials cost $155,500
April conversion costs $239,250
WIP, April 30 20,000 units
(100% for materials and 50% for conversion costs)

The cost per equivalent unit for conversion costs would be closest to

Reference no: EM131775333

Questions Cloud

What is the current ratio : Earth Fare Foods has total assets of $229,800, net fixed assets of $71,500, long-term debt of $52,000, and total debt of $78,700.
Calculate the per-unit contribution margin : Lenos Bicycles makes stationary bikes. They are planning for the coming year. Calculate the per-unit contribution margin
Quality and its maintenance of your selected company : List and explain the two most important roles brand plays in the marketplace. Quality and its maintenance of your selected company.
What is taco rey operating leverage : Taco Rey Restaurant had the following information available related to its operations from last year:
Data for the finishing department : Ready Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows:
Describe the best way to estimate the value of time : Describe the best way to estimate the value of time. Determine the best way to estimate the cost of a gallon of gasoline. Justify your position.
Imc plans include personal selling in the marketing mix : No medium is more powerful than direct human contact, which is why many IMC plans include personal selling in the marketing mix.
How the decision will affect the daughter tax return : Explain the tax effect based on providing $180,000 per year for the client's salary, how the decision will affect the daughter's tax return
Find the distribution of final wealth : Consider the following game. There is a set of 3 coins labelled 1, 2, and 3. The first coin has probability of heads 0.4, the second coin has probability.

Reviews

Write a Review

Business Management Questions & Answers

  Determining targets through root cause analysis

It is important to identify what issues will be targeted before revision can begin in the upcoming Innovate phase. In the Understand phase, you conduct root cause analysis, which not only helps to determine the right problems to attack, but also t..

  Expansionary monetary policy

Discuss some the difficulties associated with expansionary monetary policy

  Effect of a persons perceptions on business

effect of a persons perceptions on business decision-making1. what is perception?2. how can a persons perception of

  Techniques are the most valuable for your strategic plan

What forecasting tools and techniques are the most valuable for your Strategic Plan? What assumptions are you making?

  Scope creation in the project management world

What are the advantages and disadvantages of scope creation in the project management world?

  Diverse nature of psychology

Psychology is a diverse and interesting science. This science based their scientific investigation in study individual's behavior and the mental process related with this behavior.

  Question on professional values and ethics

Explain how professional values and ethics can impact career success. Please give at least two specific examples in your description.

  Show the role of the leader in this change

Show the role of the leader in this change, including the specific style and skills that would best be needed in this instance - show how barriers to success along with a plan to overcome these impediments

  Burbank-oakland and kansas city-st louis routes

1. Calculate the PEDs for the Burbank-Oakland and Kansas City-St Louis routes. 2. Explain why the above market elasticities might not apply specifically to Southwest. 3. If Southwest does experience a highly elastic demand on the Burbank-Oakland rout..

  Objectives and alternatives for the conference decision case

Define the objectives and alternatives for the Conference Decision Case. The objectives should be separated into fundamental and means objectives.

  Exciting areas of organizational theory

Appreciating the larger organizational ecosystem is one of the most exciting areas of organizational theory.

  Problem regarding the controversial topic

The development of secure guest payments and access has been a controversial topic. Resorts have marketed themselves as being safe and secure, yet identification theft continues to be a threat to guests using a mostly cashless system.

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