Business, 24.12.2019 19:31, hjeffrey168

Giddings pharmaceutical company is a maker of drugs for high blood pressure and uses a process costing system. the following information pertains to the final department of giddings's blockbuster drug called solcax.

beginning work-in-process (40% completed) 800 units
transferred-in 4,000 units
normal spoilage 400 units
abnormal spoilage 200 units
good units transferred out 3,600 units
ending work-in-process (1/3 completed) 600 units
conversion costs in beginning inventory $2,560
current conversion costs $6,900

giddings calculates separate costs of spoilage by computing both normal and abnormal spoiled units. normal spoilage costs are reallocated to good units and abnormal spoilage costs are charged as a loss. the units of solcax that are spoiled are the result of defects not discovered before inspection of finished units. materials are added at the beginning of the process. using the weighted-average method, answer the following question:

what are the unit conversion costs?

( provide step by step instructions for further understanding)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:30, huangjianhe135

Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?

Answers: 2

continue

Business, 22.06.2019 17:40, lukecoupland4401

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.

Answers: 3

continue

Business, 22.06.2019 18:20, fantasticratz2

Principals are an administration career

Answers: 2

continue

Business, 22.06.2019 21:00, sofiaisabelaguozdpez

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?

Answers: 2

continue

Do you know the correct answer?

Giddings pharmaceutical company is a maker of drugs for high blood pressure and uses a process costi...