Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 700,000 units of product to finished goods. At the end of November, the work in process inventory consists of 180,000 units that are 30% complete with respect to conversion. Beginning inventory had $420,000 of direct materials and $139,000 of conversion cost. The direct material cost added in November is $2,220,000, and the conversion cost added is $3,254,000. Beginning work in process consisted of 60,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 60,000 were from beginning work in process and 640,000 units were started and completed during the period.
In addition, the company incurs $200,000 in fixed costs annually. If demand falls to 80,000 units and the company insists on a 50% mark-up, what price should the company charge?
In a period when anticipated production is 10,000 units budgeted variable costs are 85,000 and budgeted fixed costs are 45,000. if 12,000 units are actually produced what is the expected total costs.
Assume that the MACRS schedule assigns an equal amount of depreciation to each of the first 27 years and ½ year-to-year 28. The PV at 10% of $1 of cost recovery spread over the 28 years in this way is $0.3372. Illustrate what is the NPV after Tax..
The GoodTaste Club collected recipes from members and published a cookbook entitled Eat 'Em Up. The book will sell for $31 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 8,100 books to break even..
A bond that pays interest annually yields a rate of return of 9.50 percent. The inflation rate for the same period is 3 percent. What is the real rate of return on this bond?
During the year, ABC LP generated a ($90,000) loss. explain how much of Sue's loss is disallowed due to her tax basis or at-risk amount?
Lorge Corporation has collected the following information after its first year of sales. Sales were $ 1,641,600 on 102,600 units; selling expenses $ 246,240 (40% variable and 60% fixed); direct materials $ 524,286 ; direct labor $ 292,410 ; administr..
net profit margins and working capital to sales ratios stay constant." What pattern of return on equity is implied by these assumptions? Is this reasonable?
Find the Gross Profit Percentage of Wayne Enterprises for FY 2012. Find the Inventory Turnover for Luthor Industries for FY 2012. Find the Days Sales in Inventory for Luthor Industries for FY 2012.
The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 15%, salary allowances of $22,000 and $20,000 respectively, and the remainder equally. How much of the net income..
journalize these transactions first on the books of arnold drug stores and second on the books of gerson
Which of the companies would most likely use a process costing system and the delivery of products or services to customers is an example of which element in the value chain
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd