Direct Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Direct Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 2017: Work in process, beginning inventory 151,400 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (80% complete) Transferred in during current period 451,200 units Completed and transferred out 401,000 units Work in process, ending inventory 202,000 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (55% complete) Calculate equivalent units for conversion costs using the FIFO method. 30,280 units 299,800 units 390,580 units 353,400 units Direct Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 2017: Work in process, beginning inventory 151,400 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (80% complete) Transferred in during current period 451,200 units Completed and transferred out 401,000 units Work in process, ending inventory 202,000 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (55% complete) Calculate equivalent units for conversion costs using the FIFO method. 30,280 units 299,800 units 390,580 units 353,400 units
Expert Answer:
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
Posted Date:
Students also viewed these accounting questions
-
At mixing department, all materials are added at the beginning of the process. Lahore and overhead (conversion resources) are added evenly throughout the process. The following information pertains...
-
Complete the following inventory disclosure: At the end of 2015 and 2014, inventories were comprised of: 2015 2014 Raw materials and supplies Goods in process Finished goods Total inventories $2,206...
-
The balance sheet of Terrier Company at the end of 2009 is presented here, along with certain other information for 2010: December 31, 2009 Cash ................ $ 140,000 Accounts receivable...
-
Write a filter that reads text from an input stream and prints it to an output stream, removing any lines that consist only of whitespace.
-
When can a researcher rely on an editorial opinion expressed in the tax services?
-
The U.S. Treasury publishes data on capital flows. Treasury International Capital Flows can be found at www.treasury.gov/resource-center/ data-chart-center/tic/Pages/index.aspx. Go to "Monthly...
-
Recall, venue is the geographic district where a case can properly be heard. Find the venue for the California state court where your paralegal school or residence is located.
-
Bonata Inc. sells 1,400 common shares on a subscription basis at $65 per share. On June 1, Bonata accepts a 45% down payment. On December 1, Bonata collects the remaining 55% and issues the shares....
-
OptiLux is considering investing in an automated manufacturing system. The system requires an initial investment of $5.8 million, has a 20-year life, and will have zero salvage value. If the system...
-
Refer to Figure 2-30 and the discussion about updating master files from transaction files. The discussion presents the record structures for a sales transaction. Prepare a diagram (similar to Figure...
-
Mary is an avid game show fan and one of the contestants on a popular game show. She spins the wheel and after 1.5 revolutions, the wheel comes to rest on a space that has a $1,500.00 prize. If the...
-
Can you identify any narcissistic or pathological leaders in the United States? Note the difference between emerging as a leader and exhibiting effective leadership once instated in a leadership...
-
What are the limitations of the decision-relevant approach?
-
Define a non-controllable cost.
-
What are the costs of holding inventory?
-
Should you always exhibit commitment to the group, or are there exceptions? Explain.
-
Excel In a PivotTable, what is a calculated field? A Any cell formula outside the PivotTable that uses the PivotTable's results. B Any total or subtotal of the PivotTable. C A field containing data...
-
Prepare a stock card using the following information A company is registered for GST which it pays quarterly, assume GST was last paid on the 30th of June 2019. It uses weighted average cost...
-
Flexible Security Devices (FSD) has introduced a just-in-time production process and is considering the adoption of lean accounting principles to support its new production philosophy. The company...
-
Keating has just completed a review of its job-costing system. This review included a detailed analysis of how past jobs used the firms resources and interviews with personnel about what factors...
-
Bergen Inc. produces cell phones at its London plant. In recent years, the companys market share has been eroded by stiff competition from Asian and European competitors. Price and product quality...
-
Explain in detail, with neat sketch, the working principle of a fuel cell in producing electrical energy from the chemical energy of a fuel.
-
Under atmospheric conditions the acetone-chloroform azeotrope boils at \(64.6^{\circ} \mathrm{C}\) and contains 33.5 mole per cent acetone. The vapour pressures of acetone and chloroform at this...
-
A system was prepared by partially decomposing \(\mathrm{CaCO}_{3}\) into an evacuated space. What is the number of degrees of freedom \((f)\) for the system?
Study smarter with the SolutionInn App