What is the cost of ending inventory at february 28

Assignment Help Accounting Basics

Reference no: EM133662529

Question: Louvre Corp. applies the weighted average method for process costing. The following production and cost per EUP data are available for Louvre Corp. for February: Units completed during February 468,000 Units in ending inventory* 66,600 Direct material cost per EUP $7.50 Direct labor cost per EUP $9.00 Overhead cost per EUP $10.20 * 100% complete as to direct material; 30% complete as to direct labor; 25% complete as to overhead a. What is the cost of the goods completed during February? $Answer 12,495,600 b. What is the cost of ending inventory at February 28? $Answer 848,850 c. What is the total cost to account for during February?

Reference no: EM133662529

Questions Cloud

How much a product will cost two years : How much a product will cost two years from now 2) Whether a supplier's operating expenses are too high 3) Whether a supplier's request for a price increase

What is the new optimal bundle : Draw the new worker opportunity line. What is the new optimal bundle? How does it compare? Why might you get this result?

Prepare a 5-minute video presentation to john davidson : Prepare a 5-minute video presentation to John Davidson, in which you present the results of your analysis

What strategies are used in your placement agency : In what ways have you experienced macro-level issues at your practicum placement? What strategies are used in your placement agency?

What is the cost of ending inventory at february 28 : What is the cost of ending inventory at February 28? $Answer 848,850 c. What is the total cost to account for during February?

Identifying and listing his financial goals for current year : identifying and listing his financial goals for the current year. What should Amos's next step be in creating the budget

What other financial impacts can travel nurses have on unit : What other financial impacts can travel nurses have on unit and healthcare organization budgets? Could you please provide sources within 5 years?

What do we mean by the term pharmokenetics : What do we mean by the term pharmokenetics? What is pharmacology? Can you list the roles that nutrition plays in pharmacology?

How much would they expect to sell coming up year : they do have with t-1 at 20%, t-2 at 30% and t-3 at 50%. Using a weighted average forecasting model, how much would they expect to sell coming up year

User Account

All Pages