Determine how many units in ending work in process inventory

Assignment Help Cost Accounting
Reference no: EM132755397

Problem 1: Carter Company uses a weighted average process costing system. Material is added at the start of production. Carter Company started 13,000 units into production and had 4,500 units in process at the start of the period that were 60% complete as to conversion costs. If carter transferred out 11,750 units. How many units were in ending work in process inventory?

Reference no: EM132755397

Questions Cloud

How much pretax financial income subject to income tax : How much should be the pretax financial income subject to income tax? Goodwill impairment of P87,500 which will never be deductible for income tax expense.
Determine what theodore report as total income tax expense : The difference is due to rental received in advance. Rental income is taxable when received. What should Theodore report as 2020 total income tax expense?
Find what amount that ivan steven should record as revenue : The agreement provides that the downpayment, What is the amount that Ivan Steven should record as revenue from franchise fee on January 1, 2011.
Why is important for students to invest in early twenty : Why is it important for students to invest in their early 20s? What questions should be answered before taking any investment decision?
Determine how many units in ending work in process inventory : Period that were 60% complete as to conversion costs. If carter transferred out 11,750 units. How many units were in ending work in process inventory?
What the total expected cost per unit for lonnie company : The relevant range is 30,000 to 50,000 units. If Lonnie were to sell 50,000 units, the total expected cost per unit would be for Lonnie Company?
Explain why equilibrium of supply and demand is desirable : Explain why equilibrium of supply and demand is desirable. Benefits of international trade
What is the internal and external purchasing power : What is the internal and external purchasing power of EUR1.0403/CHF, what is the internal and external purchasing power of EUR0.50 million?
Trade-offs between inputs for productivity improvements : Analyze the trade-offs between inputs for the productivity improvements.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Question 1when a bill is due to be paid an accounting

question 1when a bill is due to be paid an accounting employee pulls a voucher from the file and prepares a for the

  How much after tax cash will have if sell norses assets

Geoffery and Sue are equal owners of Norse Corporation. They are considering a sale of the business. How much after tax cash will they have if they sell Norse's assets. How much if they sell the stock. Geoffery and Sue are equal partners of Norse L..

  In what situations is a cost center most appropriate

In what situations is a cost center most appropriate? A profit center? A revenue center? How do centralized and decentralized firms differ?

  Prepare the necessary adjusting entry for 2010

Calculate Smiths preadjustment balance in accounts receivable and prepare the necessary adjusting entry for 2010.

  Calculate the variable overhead spending variance

Calculate the variable overhead spending variance and the variable overhead efficiency variance.

  Calculate the adjusted joint cost for allocation for August

One of its processes manufactures join products Y and Z, and by-product X. Calculate the adjusted joint cost for allocation for August

  What revenue need to be earned to achieve

Sales revenue, $10,000 of variable costs, and $3,600 of fixed costs. What revenue need to be earned to achieve $15,000 of Operating Income?

  Calculate the factory overhead production volume variance

Calculate The factory overhead production volume variance, The total factory overhead spending variance and The variable overhead spending variance

  What are the two types of pricing environments for sales

What are the two types of pricing environments for sales to external parties? In what situation does a company place the greatest focus on its target cost? How is the target cost determined?

  What assumption is implicitly made about cost behavior

What assumption is implicitly made about cost behavior when all of the items in a budget are adjusted in proportion to a change in activity? Why is this assumption questionable?

  Determination of either investor objectives

Explain in detail how each of the following relates to the determination of either investor objectives or investor constraints that can be used to determine the portfolio policies for this three-year period for the Wood Museum Endowment Fund.

  What is the budgeted manufacturing overhead rate

Prepare an overview diagram of Clear View's job-costing system - what is the budgeted manufacturing overhead rate in the machining department?

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