Social Studies, 11.11.2019 04:31, triplej8100

Conversion cost is total of direct?

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Physics, 26.06.2019 17:20, Winzen07

Explain how industry 4.0 technologies are changing the way conversion cost (cc) is being accounted in the calculation of full production cost (fpc). fpc cc+ dmc where cc conversion cost = (dlc + ohc) dlc= direct labour cost ohc=overhead cost dmc direct material cost

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Business, 02.10.2019 02:00, shanua

Acompany uses a process costing system to record inventory costs. data at the end of the month are as follows: units direct materials (% complete) conversion cost (% complete) work-in-process inventory 100 100% 80% finished goods inventory 900 100% 100% the company uses the weighted-average method to compute the costs. its total costs for the month are $10,000 for direct materials and $19,600 for conversion costs. what is the total conversion cost per equivalent unit?

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Business, 06.10.2019 06:30, chartrow7

The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of process costing. at the beginning of the month, the forming department has 27,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. the beginning inventory cost of $64,100 consisted of $47,200 of direct material costs and $16,900 of conversion cost. during the month, the forming department started 340,000 units. at the end of the month, the forming department had 34,000 units in ending inventory, 85% complete as to materials and 35% complete as to conversion. units completed in the forming department are transferred to the painting department.cost information for the forming department is as follows: beginning work in process inventory $ 64,100 direct materials added during the month 1,545,160 conversion added during the month 914,330 1. calculate the equivalent units of production for the forming department.direct materials: conversion: 2. calculate the costs per equivalent unit of production for the forming department. (round your answer to 2 decimal places.)direct materials: conversion: 3. using the weighted-average method, assign costs to the forming department’s output—specifically, its units transferred to painting and its ending work in process inventory. (round your "costs per equivalent unit" to two decimal places and use the rounded answer in further computations.)cost assignment and reconciliation cost of units transferred out eup cost per eup total cost direct materials conversion total costs transferred out costs of ending work in process eup cost per eup total cost direct materials $0.00 0 conversion $0.00 0 total cost of ending work in process total costs assigned

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Business, 22.10.2019 20:00, kaitlyn114433

The cost of direct materials transferred into the bottling department of mountain springs water company is $27,225. the conversion cost for the period in the bottling department is $7,596. the total equivalent units for direct materials and conversion are 60,500 liters and 63,300 liters, respectively. determine the direct materials and conversion cost per equivalent unit. round answers to nearest cent.

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