Determine equivalent units of production for conversion cost

Assignment Help Accounting Basics
Reference no: EM131671712

Question - March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its only production department. Beginning WIP units were 50% completed as to conversion costs. Alpha introduces direct materials at the beginning of the production process.  During March, a total of 17,000 units were started and a total of 20,000 units were completed. Alpha's ending WIP inventory had 5,000 units which were 60% completed as to conversion costs. Alpha uses the weighted average method. Use this information to determine for March 2017 the equivalent units of production for conversion costs. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units).

Reference no: EM131671712

Questions Cloud

Ethical implications of both the environmental justice : Discuss the ethical implications of both the environmental justice and social justice consequences of the skewed distribution of the impacts of production
How does experiment compare to tossing of a fair coin : An urn contains an infinite number of coins that are either two-headed or two-tailed. The proportion of each kind is the same.
Analyze the three pillars of successful pricing strategy : Analyze the three pillars of successful pricing strategy implementation. Propose two key points to keep in mind for each pillar in order to ensure successful.
According to the theory of cognitive dissonance : According to the theory of cognitive dissonance explain why attitudes are changed from time to time?
Determine equivalent units of production for conversion cost : Use this information to determine for March 2017 the equivalent units of production for conversion costs
What is the probability that they will all be sophomores : A class consists of 30 students, of which 20 are freshmen and 10 are sophomores. If 5 students are selected at random.
Given your experience and knowledge what is your opinion : TV advertising has long been deemed the most successful marketing medium for consumer products.Given your experience and knowledge what is your opinion?
Effects of sleep deprivation on rote memory : An experiment is performed to test the effects of sleep deprivation on rote memory. The dependent variable in this experiment would be?
Analyze the impact of gender on interpersonal communications : Explain the principles of and barriers to effective interpersonal communications. Analyze the impact of gender and culture on interpersonal communications.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Statement of cash flows displaying operating and investing

Assuming that the cash balance at the beginning of the month was $7,450, prepare a statement of cash flows that displays operating, investing, and financing activities and that reconciles the beginning and ending cash balances.

  Snake creek company has one trusted employee who as the

snake creek company has one trusted employee who as the owner said handles all of the book-keeping and paperwork for

  Presented below is information from quezada computers

presented below is information from quezada computers incorporated.july 1 sold 10000 of computers to robertson company

  How much revenue will circuit town recognize

What liability for unearned revenue associated with gift card sales would Circuit Town show as of December 31, 2011?

  Wtches inc makes a watch selling for 50 per unit

watches inc. makes a watch selling for 50 per unit. operating within its relevant range they have excess capacity to

  Research the efficacy of mis and decision-making systems

research the efficacy of MIS and decision-making systems

  What nominal interest rate must you earn on your account

What nominal interest rate, compounded continuously, must you earn on your account? The $20,000 you currently have are not in this savings account.

  Find relation between tolerable misstatement, inherent risk

How do the calculation and comparison to previous years of the gross margin percentage and the ratio of accounts receivable to sales are related to the conformation of accounts receivable and other tests of the accuracy of accounts receivable?

  Prepare a bank reconciliation for bend company

The canceled checks returned by the bank included a check written by DeVoe Company for $6,987 that had been deducted from Bend's account in error.

  The expected cash inflow for year

Piccadilly Hospital has purchased new lab equipment for $200,000. The equipment is expected to last for three years and to provide cash inflows as follows:

  Determine the amount of depreciation expense for each year

Determine the amount of depreciation expense for each year using the straight line method. Journalize the depreciation expense entry used by Caribe Company for the end of fiscal year 2005 and 2006.

  Instruction salaries for the last biweekly pay

During the fiscal year ended June 30, 2013, Harmon School District (see exercise E4- 2) paid salaries of $ 2,160,000, chargeable to the instruction appropriation. Instruction salaries for the last biweekly pay period in June 2013, amounting to $ 1..

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