subject
Business, 21.02.2020 18:52 xxbloomxx184p8jqjd

Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow: Percent Complete Units Materials Conversion Work in process inventory, May 1 51,000 100 % 50 % Work in process inventory, May 31 31,000 100 % 30 % Materials cost in work in process inventory, May 1 $ 45,000 Conversion cost in work in process inventory, May 1 $ 11,800 Units started into production 242,400 Units transferred to the next production department 262,400 Materials cost added during May $ 43,020 Conversion cost added during May $ 170,239 Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May. 2. Compute the first production department's cost per equivalent unit for materials and conversion for May. 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 18:10
During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?
Answers: 3
question
Business, 23.06.2019 01:30
Why would adjusting the money supply be expected to increase economic growth during a recession? a) increasing the money supply will encourage more saving. b) increased money supply will encourage more spending and investment. co) decreased money supply will encourage more spending and investment. d) recession is caused by too much
Answers: 3
question
Business, 23.06.2019 22:00
What is obscene is now determined by one uniform national standard. true or false?
Answers: 1
question
Business, 24.06.2019 01:30
Which of these require(s) that senior, middle and lower-level managers all recognize human capital as the organization's most important resource?
Answers: 3
You know the right answer?
Helix Corporation uses the weighted-average method in its process costing system. It produces prefab...
Questions
question
Mathematics, 31.03.2021 22:00
question
Chemistry, 31.03.2021 22:00
question
English, 31.03.2021 22:00
question
Biology, 31.03.2021 22:00
question
Chemistry, 31.03.2021 22:00
question
Mathematics, 31.03.2021 22:00
Questions on the website: 13722363