User Account

All Pages

What is the unit conversion cost for may

Assignment Help Financial Accounting
Reference no: EM13503615

The ledger of Custer Company has the following work in process account.
Work in Process-Painting

5/1 Balance 4,180 5/31 Transferred out ?
5/31 Materials 6,930
5/31 Labor 2,870
5/31 Overhead 2,080
5/31 Balance ?
Production records show that there were440units in the beginning inventory, 30% complete,1,560units started, and1,510units transferred out. The beginning work in process had materials cost of $2,500and conversion costs of $1,680. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.

(a) How many units are in process at May 31?

(b) What is the unit materials cost for May?

The unit materials cost for May $___________________

(c) What is the unit conversion cost for May?

Reference no: EM13503615

Questions Cloud

At what angle is the second order peak observed : In an X-ray scattering measurement the first order diffraction peak is observed at ? = 12.3°. At what angle is the second order peak observed
Obtain the image position and image height : Two converging lenses with focal lengths of 40cm and 20cm are 14cm apart. Calculate the image position and image height
Explain a solution of methylamine ch3nh2 has a ph : A solution of methylamine CH3NH2 has a pH of 10.64. How many grams of methylamine are there in 100.0 ml of solution
What is the value of your all equity firm : All equity firm has a 60% chance of producing exp. cash flows of $7M in perpetuity and a 40% chance of producing exp. cash flows of $14.50M in perpetuity. These cash flows are unrelated to the state of the economy and investors have access to ..
What is the unit conversion cost for may : How many units are in process at May 31 and what is the unit materials cost for May - what is the unit conversion cost for May
Define what is the wavelength of photons : What is the wavelength (in meters) of photons with the following energies. In what region of the electromagnetic spectrum does each appear.
Investment principle average annual return : You have a total of $500,000 in five investments with average annual returns as indicated in the table below. Calculate the weighted average return on your investment portfolio Investment Principle Average Annual Return
What is the total distance traveled by the projectile : You can exert a total of 75 J to launch a 0.75 kg projectile up a 5 m long ramp. What is the total distance (in m) traveled by the projectile
How to calculate the uncertainty in the position : Use the Heisenberg uncertainty principle to calculate the uncertainty (in meters) in the position of a honeybee weighing 0.67 and traveling at a velocity of 0.80 . Assume that the uncertainty in the velocity is 0.1.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the total cost of job

Which approach to assigning overhead gives a better representation of the costs incurred to produce Job 6.15? Explain.

  Why do firms ever ease their credit policies

Since easing credit policy generally lengthens the collection period and worsens the aging schedule, why do firms ever ease their credit policies?

  Determine recovery period for the various assets

Now, conduct research (hint: use a tax service and the term “motorsports entertainment complex”), to determine the recovery period for the various assets if the entire project was completed in July 2007 and the first race was held on October 10, 2..

  Question you have just won a free trip to the destination

question you have just won a free trip to the destination of your preference and all airline or other transportation

  Collison 19987 states that attention to the interests of

collison 19987 states that attention to the interests of shareholders above all other groups is implicit in much of

  Write a report explaining this abnormal trend

write a report explaining this abnormal trend between the net income and the cash flow numbers and whether this should be a red flag to investors and creditors.

  Total payroll of walnut co was 184000 of which 320000

total payroll of walnut co. was 184000 of which 320000 represented amounts paid in excess of 106800 to certain

  Multiple choice questions on construction costing and

multiple choice questions on construction costing and accounting1. indiana co. began a construction project in 2008

  How many units would company have to sell

A total of 80,000 units were produced and sold last month. How many units would company have to sell to achieve a desired profit of $1,200,000?

  Determine the value-added and non-value-added

Determine the value-added, non-value-added, total lead time, and the value-added ratio under the traditional and just-in-time manufacturing methods. Round percentages to one decimal place.

  Advantage of raising funds by issuing bonds

Explain whether each of the above expenditures should be recorded as an operating expense or an intangible asset. If you view the expenditure as an intangible asset, indicate the number of years over which the asset should be amortized, if any. Ex..

  Create a new myob file for bar stado pty ltd

Create a new MYOB file for Bar Stado Pty Ltd. The following details may assist you with this task.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd