Question: worono ing Untitled document - Google Docs Chapter 4 1. Data for Wolf Manufacturing Company (uses process costing method): Percent Complete Units Materials Conversion 40,000
worono ing Untitled document - Google Docs Chapter 4 1. Data for Wolf Manufacturing Company (uses process costing method): Percent Complete Units Materials Conversion 40,000 (100%) Beginning Work in Process Ending Work in Process (60%) 20,000 (70%) (30%) Units started during the period = 80,000. Units completed during the period = 100,000. Percentage of completion for materials and conversion are given in the table above. a. Complete the equivalent units of production for material and conversion using the weighted average method. Show work Chapter 5 2. Data: Selling price - $80, variable cost per unit = $50, total fixed costs = $600,000, and target profit - $150,000, a. Calculate the breakeven point in units using the equation method. b. Calculate the breakeven point in units using the formula method. c. Calculate the sales in units needed to earn the target profit. d. Calculate the total sales dollars needed to earn the target profit. Show all calculations
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