Business
Business, 21.04.2020 18:40, allofthosefruit

The USA Company manufactures flags in a single process. The following information is available:
Work in process inventory, Jan. 1 0 units
Units started in production 17,000 units
Units completed and transferred out 12,000 units
Work in process inventory, Dec. 31 5,000 units
Production costs:
Direct materials $213,750
Direct labor $577,500
Manufacturing overhead $391,875
The units still in process are 45 percent complete with respect to direct materials and 35 percent complete with respect to conversion costs.

1.The equivalent units for direct materials are:
A.14,250 units
B.17,000 units
C.12,000 units
D.13,750 units
2.The equivalent units for conversion costs are:
A.14,250 units
B.12,000 units
C.17,000 units
D.13,750 units
3.The cost per equivalent unit for direct materials:
A.$17.81
B.$12.57
C.$15.00
D.$42.75
4.The cost per equivalent unit for conversion costs is:
A.$42.00
B.$28.50
C.$85.50
D.$70.50
5.The total cost of units completed and transferred out is:
A.$1,183,125
B.$1,026,000
C.$427,500
D.$157,125
6.The total cost of units in ending work in process inventory is:
A.$427,500
B.$352,500
C.$157,125
D. Cannot be determined from the information given

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 11:00, PastyMexican24
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
image
Business, 22.06.2019 15:40, brookekolmetz
As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage
Answers: 1
image
Business, 23.06.2019 00:30, anniebear
5. if you were to take a typical payday loan for $150, with an interest rate of 24.5% due in full after two weeks, what is the total amount you would have to repay? a. $186.75 b. $174.50 c. $157.33 d. $153.67
Answers: 1
image
Business, 23.06.2019 00:30, RSanyuathey711
Braden’s ice cream shop is losing business. he knows that customers are no longer choosing his product because a competing product has become less expensive, yet he has refused to lower his prices. what has happened to braden’s business?
Answers: 1
Do you know the correct answer?
The USA Company manufactures flags in a single process. The following information is available:

Questions in other subjects: