What are equivalent units of production for direct material

Reference no: EM13320734

O'Malley Corp. uses a weighted average process costing system. Material is added at the beginning of the production process and overhead is applied on the basis of direct labor. O'Malley's records indicate that 70,000 units were in process at the beginning of May 2010; these units were 35 percent complete as to conversion. In May, the company started 445,300 and completed 427,500 units. May's ending inventory was 30 percent complete as to conversion.

a. What are the equivalent units of production for direct material?

b. What are the equivalent units of production for conversion?

Reference no: EM13320734

Questions Cloud

What is a system modification : What is a system modification, and what requirements are affected when a modification is made?

Explain the keplers third law : The average distance from the earth to the sun is called the astronomical unit (AU). does it obey Kepler's third law

Find the linear density of the string : The middle C string on a piano is under a tension of 882 N. The period and wavelength of a wave on this string are 3.82 10-3 s, Find the linear density of the string

Find where is the image : A convex mirror has a focal length of %u221219 cm. Where is the image if the image is upright and one-half the size of the object

What are equivalent units of production for direct material : O'Malley Corp. uses a weighted average process costing system. Material is added at the beginning of the production process and overhead is applied on the basis of direct labor. O'Malley's records indicate that 70,000 units were in process at the beg..

Calculate the mass of the green house gas and ozone : Calculate the mass of the green house gas and ozone depleting substance CFC-11 (chemical Formula = CCl3F) in the atmosphere. Use units of GtC (giga tonnes carbon)

Develop the model by finding the objective function : At the Omaha, Nebraska, dock, the minimum demand for casual workers during the 7 days of the week (starting on Monday) is 20, 14, 10, 15, 18, 10, and 12 workers.

Implied interest rates in europe and the u.s. : What is the implied interest rate for the first six months and what is the implied forward rate six months hence - what are the implied interest rates in Europe and the U.S.?

Find the change in the length of the solenoid : A 6.30 x 10 -5 H solenoid is constructed by wrapping 54 turns of wire around a cylinder with a cross-sectional area of 6.4 x 10-4 m2. find the change in the length of the solenoid

User Account

All Pages