subject
Business, 05.07.2020 17:01 c4thegoat

There are 3 blanks for this homework problem I do not know how to do. The quesetions are bolded with blanks and question marks. Weighted Average Method, Unit Costs, Valuing Inventories

Byford Inc. produces a product that passes through two processes. During November, equivalent units were calculated using the weighted average method:

Units completed196,000
Add: Units in EWIP X Fraction complete (60,000 X 40%)24,000
Equivalent units of output (weighted average)220,000
Less: Units in BWIP X Fraction complete (50,000 X 70%)35,000
Equivalent units of output (FIFO)185,000
The costs that Byford had to account for during the month of November were as follows:

BWIP$107,000
Costs added993,000
Total$1,100,000
Required:

1. Using the weighted average method, determine unit cost.

per unit ??

2. Under the weighted average method, what is the total cost of units transferred out? What is the cost assigned to units in ending inventory?

Cost of units transferred out ??
Cost of ending inventory??

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:10
You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."
Answers: 1
question
Business, 22.06.2019 03:30
In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.
Answers: 1
question
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
question
Business, 22.06.2019 15:20
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
You know the right answer?
There are 3 blanks for this homework problem I do not know how to do. The quesetions are bolded with...
Questions
Questions on the website: 13722361