subject
Business, 02.07.2019 17:20 jermainedwards

Victory company uses weighted-average process costing to account for its production costs. conversion cost is added evenly throughout the process. direct materials are added at the beginning of the process. during november, the company transferred 700,000 units of product to finished goods. at the end of november, the work in process inventory consists of 180,000 units that are 30% complete with respect to conversion. beginning inventory had $420,000 of direct materials and $139,000 of conversion cost. the direct material cost added in november is $2,220,000, and the conversion cost added is $3,254,000. beginning work in process consisted of 60,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. of the units completed, 60,000 were from beginning work in process and 640,000 units were started and completed during the period.3. compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. (round "cost per eup" to 2 decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:30
Needs to schedule the staffing of the center. it is open from 8am until midnight. larry has monitored the usage of the center at various times of the day and determined that the following number of computer consultants are required: time of dayminimum number of consultants required to be on duty8 am-noon4noon-4 pm84pm-8pm108pm-midnight6 two types of computer consultants can be hired: full-time and part-time. the full- time consultants work for eight consecutive hours in any of the shifts: morning (8am- 4pm), afternoon (noon-8pm) and evening (4pm-midnight). full-time consultants are paid $14 per hour. part-time consultants can be hired to work any of the four shifts listed in the table. part-time consultants are paid $12 per hour. an additional requirement is that during every time period, there must be at least two full-time consultants on duty for every part-time consultant on duty. larry would like to determine how many full-time and part-time consultants should work each shift to meet the above requirements at the minimum possible cost. formulate this as an lp problem. you must define your variables clearly
Answers: 2
question
Business, 22.06.2019 18:00
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
question
Business, 22.06.2019 18:30
Which of these is an example of innovation?
Answers: 2
question
Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
Answers: 2
You know the right answer?
Victory company uses weighted-average process costing to account for its production costs. conversio...
Questions
question
Mathematics, 18.04.2021 22:50
question
Mathematics, 18.04.2021 22:50
question
Mathematics, 18.04.2021 22:50
question
Business, 18.04.2021 22:50
question
Advanced Placement (AP), 18.04.2021 22:50
question
History, 18.04.2021 22:50