Business, 11.03.2020 01:32 rlevkovch

Golding's finishing department had the following data for July:

Transferred-In Materials Conversion
Units transferred out 60,000 60,000 60,000
Units in EWIP 15,000 15,000 9,000
Equivalent units 75,000 75,000 69,000
Costs:
Work in process, July 1:
Transferred-in from fabricating $2,100
Materials 1,500
Conversion costs 3,000
Total $6,600
Current costs:
Transferred-in from fabricating $30,900
Materials 22,500
Conversion costs 45,300
Total $98,700

Required:

1. Calculate unit costs for the following categories: transferred-in, materials, and conversion. Round your answers to the nearest cent.

Unit transferred-in cost $
Unit materials cost $
Unit conversion cost $

2. Calculate total unit cost. Round your answer to the nearest cent.
$per unit

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 14:30

The legal form of business ownership that is owned by many people is called a

Answers: 2

Answer

Business, 22.06.2019 11:00

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Answers: 2

Answer

Business, 22.06.2019 13:50

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.

Answers: 1

Answer

Business, 22.06.2019 19:20

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

Answers: 2

Answer

You know the right answer?

Golding's finishing department had the following data for July:

Transferred-In Material...

Questions