Solution-What total amount of cost should be assigned to

What total amount of cost should be assigned to the units

Assignment Help Accounting Basics

Reference no: EM132694808

The following information relates to the Assembly Department of Emserfuza Corporation for the month of June. Emserfuza uses a weighted-average process costing system.

All materials at Emserfuza are added at the beginning of the production process.

Work in process, June 1: 4,000 Units, 40% complete conversion costs
Units started into pdoduction: 317,000 Units
Work in process, June 30: 10,000 Units, 90% complete conversion costs

On June 1, the work in process inventory account contained $6,400 of material cost and $4,400 of conversion cost. Cost per equivalent unit for June was $1.50 for materials and $2.80 for conversion costs.

Problem 1: What total amount of cost should be assigned to the units transferred out during June.

Reference no: EM132694808

Questions Cloud

What circumstances is the form div required to be filed : What circumstances is the form 1099-div required to be filed, how's the amount reported on the form, the deadline for filing such form

How often do you engage with or witness death in your work : How often do you engage with or witness death in your work? How has this experience or the lack of it shaped your view of death? Has it gotten easier or harder.

Calculate the factor and divide the factor : Also since it is a loan(payment), calculate the factor and then divide the factor into the $5,000, do not multiply the factor by the $5,000.

Explain the process of scholarship engagement : The purpose of this assignment is to provide the student an opportunity to reflect on the weekly concepts learned in the course. Through this assignment.

What total amount of cost should be assigned to the units : Assembly Department of Emserfuza Corporation, What total amount of cost should be assigned to the units transferred out during June.

Describe the participant information include recruitment : Explain the methodology (Randomized Control Trial, Cohort Study, Case-Control Study). Describe the participant information, include recruitment.

Why do you think the results of the first negotiation : Why do you think the results of the first negotiation were so skewed in favor of Enron and What is the difference between GE's deal versus Bechtel's deal

What the entry to record the acquisition of the equipment : Exchange for used packaging equipment with a fair market value of $2,400. The entry to record the acquisition of the equipment would include a

Does your project use an instrument or tool : Does your project use an instrument or tool? Have you gotten permission to use it if it is copyrighted? or needs permission to use? Has it been used in other.

User Account

All Pages

What total amount of cost should be assigned to the units

Reference no: EM132694808

Reference no: EM132694808

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT