User Account

All Pages

What is the value of the inventory transferred out

Assignment Help Accounting Basics
Reference no: EM132678271

Problem - A company started a new product, and in the ?rst month started 90,000 units. The ending work in process inventory was 10,000 units that were 100% complete with materials and 75% complete with conversion costs. There were 90,000 units to account for, and the equivalent units for materials was $6 per unit while the equivalent units for conversion was $8 per unit. What is the value of the inventory transferred out, using the weighted-average inventory method?

Reference no: EM132678271

Questions Cloud

Provide necessary journal entries on the bond investment : The bonds mature January 1, 2031; interest is payable each July 1 and January 1. Provide necessary journal entries on the bond investment
Prepare marigold journal entries to record dividends : Prepare Marigold's journal entries to record (a) the purchase of the investment, (b) the dividends received, and (c) the fair value adjustment
Create visually informative presentations : Technology has enabled users to create visually informative presentations. Some visuals are more effective than others.
Various forms of human trafficking around the world : which discusses the various forms of human trafficking around the world.
What is the value of the inventory transferred out : A company started a new product, and in the ?rst month started 90,000 units. What is the value of the inventory transferred out
Active participant in criminal law : Locate and review a written or taped interview that was conducted with an active participant in criminal law (judge, attorney, etc.).
Outlines late filing penalties for the annual statement : Question - Each jurisdiction outlines late filing penalties for the annual statement of payroll for workers' compensation
Different kinds of qualitative interviews : Describe the three different kinds of Qualitative Interviews and discuss the best qualitative interview approach you can use to conduct an interview.
Describe the benefits of mental health court program : Describe the benefits of mental health court program and how you could improve the program to ensure there is equal justice for all based on current research

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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