Help, Computing equivalents units and assigning costs to completed units and ending work, Managerial Accounting

Help, Managerial Accounting

Assignment Help:

Computing equivalents units and assigning costs to completed units and ending work in process; no beginning inventory or cost transferred in (30 -45min)

Sue Electronics makes CD players in three processes: programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no work in process on March 31. In mid - April, Sue Electronics started production on 100,000 CD players. Of this number, 76100 CD players were assembled during April and transferred out to the Programming Department. The April 30 work in process in the Assembly Department was 40% of the way through the assembly process. Direct materials costing $375,720 were positioned in production in Assembly during April, and direct labor of $157,700 and manufacturing overhead of $98,595 were assigned to that department.

Requirements

1. Draw a time line for the Assembly Department.

2. Use the time line to assist you computes the number of equivalent units and the cost per equivalent unit in the Assembly Department for April.

3. Assign total costs in the Assembly Department to (a) units completed and transferred to Programming during April and (b) units still in process at April 30.

4. Prepare a T - account for Work in Process Inventory - Assembly to show its activity during April, including the April 30 balance.estion..

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages

Help, Managerial Accounting

Related Discussions:- Help

Strategic plan, How to write introduction on strategy plan

Explain zero base budgeting, Introduction of zero base budgeting Steps ...

Theory of metagames, THEORY OF METAGAMES This theory appears to describ...

Eoq model with quantity discounts, EOQ Model with quantity discounts Ci...

Introduction to Management Accounting, What is Costco''s Financial decision...

prepare an income statement, Adm2341 manufactures and sells four different...

Prepare an estimation of working capital, Prepare an estimation of working ...

Nominal Payback Periods, What would be the Nominal Payback Period for an ac...

Time series analysis, Conduct a time series analysis base on the three year...

Determine the current ratio - liquidity ratios, Current ratio Meaning:...

Write Your Message!

Featured Services

Online Tutoring

Project Development

Exam Preparation

Course Help

Assignment Help

Popular Subjects

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT