Business, 24.04.2020 15:19 sundaywallace6361

Sparky Corporation uses the weighted-average method of process costing. "Calculate the equivalent units of materials." The following information is available for February in its Molding Department: Units: Beginning Inventory: 36,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 132,000. Units completed and transferred out: 168,000. Ending Inventory: 35,500 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $54,000. Costs in beginning Work in Process - Conversion: $59,850. Costs incurred in February - Direct Materials: $298,000. Costs incurred in February - Conversion: $610,150.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 22:50

Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers: 2

Answer

Business, 22.06.2019 13:30

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?

Answers: 2

Answer

Business, 22.06.2019 16:30

Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.

Answers: 2

Answer

Business, 22.06.2019 22:30

Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?

Answers: 2

Answer

You know the right answer?

Sparky Corporation uses the weighted-average method of process costing. "Calculate the equivalent un...

Questions