Business, 08.07.2019 22:40, wyatt90

4. index corporation uses the fifo method in its process costing system. the first processing department, the forming department, started the month with 17,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. the conversion cost in this beginning work in process inventory was $9,010. an additional 76,000 units were started into production during the month and 83,000 units were completed and transferred to the next processing department. there were 10,000 units in the ending work in process inventory of the forming department that were 70% complete with respect to conversion costs. a total of $445,915 in conversion costs were incurred in the department during the month. the cost per equivalent unit for conversion costs for the month is closest to

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:30, Deascry

In the rbv are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies. answers: management policies

Answers: 1

continue

Business, 22.06.2019 11:40, antbanks3050

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Answers: 1

continue

Business, 22.06.2019 19:00, jediDR

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

Answers: 2

continue

Business, 22.06.2019 19:00, Anonymouslizard

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.

Answers: 1

continue

Do you know the correct answer?

4. index corporation uses the fifo method in its process costing system. the first processing depart...