Which uses weighted average process costing

Assignment Help Operation Management
Reference no: EM131229259

Tank Company, which uses weighted average process costing, had an equivalent cost per unit for direct materials of $0.80 and for conversion costs of $0.60 during April. There were 30,000 units completed and transferred to finished goods, and 10,000 units in ending work in process inventory that were 100% complete with respect to direct material and 40% complete with respect to conversion costs. What was the amount transferred to finished goods?

Reference no: EM131229259

Questions Cloud

Master production schedule-compute net demand for each week : End item A has a planned lead time of 2 weeks. There are currently 120 units on hand and no scheduled receipts. Compute the planned order releases using lot-for-lot and the Master Production Schedule (MPS) shown here: Compute number of units on hand ..
Programmer time is an efficiency consideration : What is meant by this statement: "Programmer time is an efficiency consideration." Give an example of a situation in which programmer time is used to justify the choice of an algorithm, possibly at the expense of other efficiency considerations.
Prepare a two page paper about krugman vs marriott : Prepare a 2 page paper using APA format discussing problem 1 in the "Problems to Ponder" at the end of chapter 10. Be sure to address each question in this problem.
Implement an enterprise resource planning : What are three reasons why a company would want to implement an enterprise resource planning (ERP) system and two reasons why it might not want to do so.
Which uses weighted average process costing : Tank Company, which uses weighted average process costing, had an equivalent cost per unit for direct materials of $0.80 and for conversion costs of $0.60 during April. There were 30,000 units completed and transferred to finished goods, and 10,000 u..
Example of effective branding : Learning Activity #1: Conduct research and present to the class an example of effective branding. Was it an example of private branding, generic branding, manufacture branding?
Sales and logistics integration strategy : What recommendations could I make for Michelin Tires in Europe having the following information? Are these good points for an executive summary? Sales and Logistics Integration Strategy. Forecast accuracy between forecast and actual is currently 20% ..
Derive the formula for the rate of technical progress : Derive the formula for the rate of technical progress. What parameter restrictions would guarantee linear homogeneity of the cost function in input prices? Prove your answer in clear steps.
Store the values into a hash table with 10 buckets : Store the values into a hash table with 10 buckets, each containing three slots. If a bucket is full, use the next (sequential) bucket that contains a free slot.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

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