Weighted-average costs per equivalent unit are $2 for direct materials and $3 for conversion. There are no
Question:
Weighted-average costs per equivalent unit are $2 for direct materials and $3 for conversion. There are no transferred-in costs and no spoilage. What is the cost of goods completed and transferred out if 10,000 units are completed and 1,000 units are in ending inventory?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The cost of goods completed and transferred out is 29000 T...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is the cost of goods sold?
-
What is the cost of goods manufactured? How does it differ from total manufacturing cost?
-
What is the cost of quality?
-
Silverago Incorporated, an international metals company, reported a loss on the sale of equipment of $2 million in 2010. In addition, the companys income statement shows depreciation expense of $8...
-
Use the exergy equation to analyze the compressor in Example 6.10 to find its second law efficiency assuming an ambient at 20oC.
-
Following are the columns reflecting the statement of cost of goods manufactured and the income statement from the work sheet of Lambert Motor Corporation as of December 31, the end of the fiscal...
-
If the Australian Mining Corporation earned A\($550,000\) (Australian dollar) in net income, spent A\($110,000\) in cost of goods sold, had A\($45,000\) of general and administrative expenses,...
-
Arthurs Mens Shop deposits all receipts in the bank each evening and makes all payments by check. On November 30, its ledger balance of cash is $ 2,375.05. The bank statement balance of cash as of...
-
61. The solubility product of CuS, AgS and HgS are 10 37, 104 and 1054 respectively. The solubility of these sulphides will be in the order (1) HgS> AgS > Cus (2) AgS>HgS > CuS (3) CuS AgS > HgS (4)...
-
Write a program in Java. A class Teacher contains two fields, Name and Qualification. Extend the class to Department, it contains Dept. No and Dept. Name. An interface named as College contains one...
-
Beginning Work-in-Process is 2,000 units; 44,000 units completed, and ending Work-in-Process is 3,000 units, which are 100% complete for direct materials and 50% complete for conversion costs. The...
-
The abnormal spoilage is 300 units and the cost per equivalent unit is $2 for direct materials and $3 for conversion. The inspection point is at the end of processing. There are 600 units in ending...
-
The ledger of Dan Warrick and Ron Murphy, attorneys-at-law, contains the following accounts and balances after adjustments have been recorded on December 31, 2008: The balance in Murphy's capital...
-
(a) Find b S" xe 10 dx for b = 10, 50, 100, 200. 0 Round your answers to two decimal places. 0 10 To dx = i 50 100 200 10 dx = xe in da xedx = i = 00 (b) Assuming that it converges, estimate the...
-
You will need $100 in 10 years. What is the amount you need to invest today in an account that earns 6% annual interest?
-
A certain lake is stocked with 10,000 fish. The population is growing according to the logistics 10,000 curve: p where t is measured in months since the lake was initially stocked. 1 9e 5 a. Find the...
-
Amy Finch had the following cash receipts during Year 4: Dividend from a mutual insurance company on a life insurance policy $500 Dividend on listed corporation stock; payment date by corporation was...
-
The line items for Torrance Associates Inc. ' s balance sheet and income statement for its latest fiscal year, which ended December 3 1 , 2 0 XX , ( amounts in millions ) ?are listed as follows:...
-
(a) Show that if is an eigenvalue of A then k is an eigenvalue of Ak. (b) What is wrong with this proof generalizing that? "If is an eigenvalue of A and is an eigenvalue for B, then is an...
-
Write a program to move a signed number from smaller register to bigger register. Hint: movzx ax, bl Topic: Data Related Operators and Directives in assembly language
-
What is meant by the phrase time value of money?
-
What is an activity cost pool?
-
What is an activity cost pool?
-
You create a bull spread by combining a long position on the put with the low strike price and a short position on the put with the high strike price. Construct both the table and the graph that...
-
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 $44,000 cash and computer...
-
Suppose a person is a fan of chocolates and decides one day to go buy several. The marginal utilities of the first 4 of them were 4,5,5 and 6 respectively. Then the fifth and sixth had a marginal...
Study smarter with the SolutionInn App