Business, 30.05.2020 20:58 Lovely7290
Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 92,000 units, 80% complete as to materials and 25% complete as to conversion. Units started and completed: 262,000. Units completed and transferred out: 354,000. Ending Inventory: 36,000 units, 30% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $49,200. Costs in beginning Work in Process - Conversion: $91,700. Costs incurred in October - Direct Materials: $744,600. Costs incurred in October - Conversion: $1,100,620. Calculate the cost per equivalent unit of conversion.
Answers: 3
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
Business, 22.06.2019 11:40
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
Answers: 1
Business, 23.06.2019 00:00
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?
Answers: 3
Business, 23.06.2019 10:40
what is your question? 1 high schoolbusiness 5 points imagine that you have won $100 in the state lottery. you have a choice between spending the money on shopping now or putting it away in a savings account for one year. you decide to spend the money now on shopping. thus, you will lose the interest that you could have earned by saving the money. the lost interest is cost of spending money now.
Answers: 3
Richards Corporation uses the FIFO method of process costing. The following information is available...
Social Studies, 26.05.2021 16:00
History, 26.05.2021 16:00
Mathematics, 26.05.2021 16:00
Mathematics, 26.05.2021 16:00
Mathematics, 26.05.2021 16:00
Mathematics, 26.05.2021 16:00
English, 26.05.2021 16:00
Biology, 26.05.2021 16:00
History, 26.05.2021 16:00
Mathematics, 26.05.2021 16:00
Mathematics, 26.05.2021 16:00
Advanced Placement (AP), 26.05.2021 16:00
Chemistry, 26.05.2021 16:00
Computers and Technology, 26.05.2021 16:00