The mixing department had the following data for the month of December: Units in BWIP Units
Question:
The mixing department had the following data for the month of December:
Units in BWIP —
Units completed 5,850
Units in EWIP (30 percent complete) 500
Total manufacturing costs $3,900
Required:
1. What is the output in equivalent units for December?
2. What is the unit manufacturing cost for December?
3. Calculate the cost of goods transferred out for December.
4. Calculate the value of December’s EWIP.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
1 5850 units completed 5850 equivalent units 500 units ...View the full answer
Answered By
Lisper Wanja
I am an experienced and highly motivated writer with a passion for the skills listed. I have a proven track record of my expertise and my aim is to deliver quality, well-detailed and plagiarism free projects. My genuine passion for writing combined with my ongoing professional development through school and research makes me an ideal candidate within for any assignment.
4.90+
233+ Reviews
388+ Question Solved
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
Question Posted:
Students also viewed these Managerial Accounting questions
-
The cooking department had the following data for the month of March: Units in BWIP ............ Units completed ............ 4,800 Units in EWIP (40 percent complete) ... 500 Total manufacturing...
-
The blending department had the following data for the month of March: Units in BWIP - Units completed ........................7,200 Units in EWIP (40% complete) .........................750 Total...
-
The blending department had the following data for the month of March: Units in BWIP......................................- Units completed...............................21,600 Units in EWIP (60%...
-
What is performance measurement?
-
How do partners determine whether they are passive participants in partnerships when applying the passive activity loss limitation rules?
-
Imagine that you decide to live completely off the grid. You commit to limiting your use of electricity to what you can create using a bicycle generator. The generator works by rotating a circular...
-
Write a computer program to find the displacement of the main mass and the auxiliary mass of a damped dynamic vibration absorber. Use this program to generate the results of Fig. 9.39. 16 m 1 =0
-
Herbert, Inc., acquired all of Rambis Companys outstanding stock on January 1, 2014, for $574,000 in cash. Annual excess amortization of $12,000 results from this transaction. On the date of the...
-
What are the psychological mechanisms underlying employee motivation and commitment, and how can organizations effectively leverage intrinsic and extrinsic rewards to enhance performance and job...
-
Consider the below table of 6 observations. Values of X1 and X2 are used to predict the outcome Y. When Y is 1 the outcome is considered to be positive. What is the Gini impurity of the given data...
-
In October, Gardner Company had the following cost flows: Required: Prepare the journal entries to transfer costs from (a) Molding to Grinding, (b) Grinding to Finishing, and (c) Finishing to...
-
Lawson Company produces a product where all manufacturing inputs are applied uniformly. The company produced the following physical flow schedule for March: Units to account for: Units in BWIP (40...
-
How does depth first traversal work?
-
Note the two main functions of packaging within supply chain management. Identify these two functions of packaging and how they impact the supply chain. Also, be sure to address the importance of...
-
Weatherwear estimates that every unit sold and returned due to defect costs the company $200 in profits. Approximately what would Weatherwears total profits have been in Year 5 if all units sold and...
-
Gardner Sail Makers manufactures sails for sailboats. The company has the capacity to produce 36,000 sails per year and is currently producing and selling 30,000 sails per year. The following...
-
Harrti Corporation has budgeted for the following sales: July $ 446,600 August $ 581,600 September $ 615,800 October $ 890,800 November $ 738,000 December $ 698,000 Sales are collected as follows:...
-
A machine with a book value of $121,730 has an estimated six-year life. A proposal is offered to sell the old machine for $87,800 and replace it with a new machine at a cost of $169,280. The new...
-
Two experts in the insurance field rank 10 insurance companies in terms of their financial soundness. The rankings of the two experts are recorded here. Do the data support the hypothesis that there...
-
A summary of changes in Pen Corporation's Investment in Sam account from January 1, 2011, to December 31, 2013, follows (in thousands): ADDITIONAL INFORMATION 1. Pen acquired its 80 percent interest...
-
Write each series in Problems 4350 in expanded form without summation notation. Do not evaluate. 3 k=1 pk +1 x k
-
Wallace Manufacturing produces engine parts for auto manufacturers. Recently, one of the major auto firms rejected a load of manifolds as being defective. Wallaces purchasing department had ordered...
-
Davidson Communications produces mobile phones. In Building 404, the phones are assembled and then sent to Building 405 where they are inspected, packaged, and shipped to the customer. On Thursday,...
-
Davidson Communications produces mobile phones. In Building 404, the phones are assembled and then sent to Building 405 where they are inspected, packaged, and shipped to the customer. On Thursday,...
-
The income statement for the Cheyenne Golf Club Inc. for the month ended July 31 shows Service Revenue $17,470, Salaries and Wages Expense $8,870, Maintenance and Repairs Expense $3,370, and Income...
-
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 2 Nozomi invested $46,000 cash and computer equipment...
-
Placid Lake Corporation acquired 70 percent of the outstanding voting stock of Scenic, Incorporated, on January 1, 2023, when Scenic had a net book value of $500,000. Any excess fair value was...
Study smarter with the SolutionInn App