subject
Business, 11.05.2021 19:20 allisonmareesanders2

Zidane Company calculates the cost for an equivalent unit of production using process costing. Data for June Work in process inventory, June 1: 30,000 units Direct materials: 100 % complete $ 60,000 Conversion: 40 % complete 24,000 Balance in work in process, June 1 $ 84,000 Units started during June 70,000 Units completed and transferred out 70,000 Work in process inventory, June 30 30,000 Direct materials: 100 % complete Conversion: 80 % complete Cost incurred during June Direct materials $ 120,000 Conversion costs Direct labor 120,000 Applied overhead 180,000 Total conversion costs $ 300,000 Required: 1. Compute equivalent units of production for both the weighted-average and FIFO methods. 2. Compute cost per equivalent unit for both the weighted average and FIFO methods.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:00
What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time
Answers: 3
question
Business, 21.06.2019 19:40
the question using the following data, which show all available techniques for producing 20 units of a particular commodityresource resource prices possible production techniques#1 #2 #3 #4 #5land $4 2 4 2 4 4labor 3 1 2 4 1 3capital 3 5 2 3 1 2entrepreneurial ability 2 3 1 1 4 1assuming that the firm is motivated by self-interest and that the 20 units that can be produced with each technique can be sold for $2 per unit, the firm will
Answers: 1
question
Business, 21.06.2019 21:30
In its 2016 annual report, caterpillar inc. reported the following (in millions): 2016 2015 sales $38,537 $47,011 cost of goods sold 28,309 33,546 as a percentage of sales, did caterpillar's gross profit increase or decrease during 2016? select one: a. gross profit increased from 26.8% to 28.6% b. gross profit decreased from 28.6% to 26.5% c. gross profit increased from 71.4% to 73.2% d. gross profit decreased from 73.2% to 71.4% e. there is not enough information to answer the question.
Answers: 2
question
Business, 22.06.2019 05:10
1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84
Answers: 3
You know the right answer?
Zidane Company calculates the cost for an equivalent unit of production using process costing. Data...
Questions
question
Mathematics, 08.03.2021 05:10
question
Mathematics, 08.03.2021 05:10
question
Physics, 08.03.2021 05:10
question
Mathematics, 08.03.2021 05:10
Questions on the website: 13722363