Bentley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The following information pertains to operations for November. (CMA Exam adapted)
Units
Work in process, November 1st 16,200
Started in production during November 102,000
Work in process, November 30th 24,200
The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs. The ending inventory was 90% complete as to materials and 40% complete as to conversion costs.
Costs pertaining to November are as follows:
Beginning inventory: direct materials, $54,760; direct labor, $20,520; manufacturing overhead, $15,440.
Costs incurred during the month: direct materials, $470,000; direct labor, $184,880; manufacturing overhead, $393,160.
What is the equivalent unit cost for materials assuming Bentley uses first-in, first-out (FIFO) process costing?
a.$4.05.
b.$4.43.
c.$4.53.
d.$4.73.
Answers: 3
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
Business, 22.06.2019 17:20
States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will
Answers: 1
Business, 23.06.2019 12:00
Whats a person that is involved in the business of buying and selling home
Answers: 2
Business, 23.06.2019 14:30
Xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions that are binding on both parties. at one of their parties a guest is injured on a piece of equipment. the guest sues xavier and shawn, and they find they're personally liable for any damages. what kind of business structure do they have? question 8 options: sole proprietorship general partnership limited liability company corporation
Answers: 3
Bentley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the...
History, 01.02.2021 18:20
History, 01.02.2021 18:20
Mathematics, 01.02.2021 18:20
Spanish, 01.02.2021 18:20
English, 01.02.2021 18:20
Mathematics, 01.02.2021 18:20
Biology, 01.02.2021 18:20
Mathematics, 01.02.2021 18:20