Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1,500 Materials costs $ 7,900 Conversion costs $ 3,200 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 7,400 Units completed and transferred to the next department during the month 6,600 Materials costs added during the month $ 111,000 Conversion costs added during the month $ 84,100 Ending work in process inventory: Units in ending work in process inventory 2,300 Percent complete with respect to materials 70 % Percent complete with respect to conversion 55 % The total cost of units completed and transferred from the first processing department to the next processing department during the month is closest to

Answers

Answer 1

Answer:

$174,781.20

Explanation:

I will do the calculations in 3 stages. You won`t go wrong if you follow these.

Equivalent UnitsTotal Unit CostTotal Cost to be transferred to next department

Calculation of Equivalent Units of Production with respect to Raw Materials and Conversion Costs

1. Raw Materials

Ending Work In Process Inventory (2,300 × 70 %)                          =  1,610

Completed and Transferred to Finished Goods (6,600 × 100%)   = 6,600

Equivalent Units of Production with respect to Raw Materials       = 8,210

2. Conversion Costs

Ending Work In Process Inventory (2,300 × 55 %)                           = 1,265

Completed and Transferred to Finished Goods (6,600 × 100%)    = 6,600

Equivalent Units of Production with respect to Conversion Costs = 7,865

Calculation of Total Unit Cost of Production with respect to Raw Materials and Conversion Costs.

Unit Cost = Total Cost (Beginning + Current) ÷ Total Equivalent Units

1. Materials

Unit Cost = ( $ 7,900 + $ 111,000) ÷ 8,210

                = $14.482 (3 decimal places)

2. Conversion Cost

Unit Cost = ( $ 3,200 + $ 84,100) ÷ 7,865

                = $12.00 (3 decimal places)

3. Total Unit Cost

Total Unit Cost = Materials + Conversion Costs

                         = $14.482 + $12.00

                         = $ 26.482

Calculation of total cost of units completed and transferred from the first processing department to the next processing department

Total Cost = Units Completed and Transferred × Total Unit Cost

                 = 6,600 × $ 26.482

                 = $174,781.20


Related Questions

I want to buy a car in one year by saving at least $500 a month from my paycheck for the next year. This is a
goal.
Obroad
SMART
O neither
Next
Submit
Mark this and return
Help

Answers

Answer:

SMART goal

Explanation:

The term SMART as used in an objective setting is an abbreviation for Specific, Measurable, Achievable, Realistic, and Timely. It describes a goal that has all the components of the abbreviations. The goal has to have

Specific: Well defined, clear, and unambiguousMeasurable: With particular criteria that evaluate progress made in achieving the goalAchievable: Attainable and not impossible to accomplishRealistic: Within reach  and relevant to lifeTimely: Has a clearly defined timeline, including a starting date and a target date.

The goal, as stated in the sentence, meets the above criteria. The objective is clear; progress can be determined; it is achievable and realistic. The timelines are well defined.

The value of Terrah's personal residence has declined significantly because of a recent forest fire in the area where she lives. The fire was a Federally declared disaster. Terrah's house suffered no actual damage during the fire, but because much of the surrounding area was destroyed, the value of all of the homes in the area declined substantially.Can Terrah take a casualty loss for the decline in value of her residence caused by the fire?__ because the decline in value of her residence ___ meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss

Answers

Answer:

No because the decline in value of her residence does not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.

Explanation:

Terrah's house suffered no actual damage because of a recent forest fire in the area where she lives. Terrah cannot take a casualty loss for the decline in value of her residence caused by the fire as the decline in value of her residence dose not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.

Final answer:

No because the decline in value of her residence does not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.

Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisions. OB. Stable prices result in a wealthier country overall O c. Stable prices create a lower per capita gross domestic product. D. Stable prices ensure that all citizens have jobs.​

Answers

Answer:

A

Explanation:

Having a stable prices gives way for country to plan for future plans without any issue of inflation

Answer:

A

Explanation:

VitaLive has authorized the development of a video game based on new technology. Which of the following is an example of a risk that has to be accepted because it cannot be mitigated?

Answers

Answer:

There is a risk that a competitor may beat them to market with a  similar product.

Which describes the jobs of these three individuals?
O Prudence is a Special Education Teacher, Sangita is a Distance Learning Coordinator, and Edmond is
Psychologist
O Prudence is a Kindergarten Teacher, Sangita is a School Principal, and Edmond is an Educational Cou
O Prudence is a Pre-School Teacher, Sangita is a Regulator Affairs Specialist, and Edmond is a Guidance
Counselor,
O Prudence is a Tutor, Sangita is an Instructional Coordinator, and Edmond is an Instructional Designer.

Answers

Answer:

Answer is C

Explanation:

Answer: C - Prudence is a Pre-School Teacher, Sangita is a Regulator Affairs Specialist, and Edmond is a Guidance Counselor.

Explanation: good luck!

who was the 20th president

Answers

Answer:

Of what country? Philippines or US or what??

Answer:

Kuroo Here!

Explanation:

It was James A. Garfield

Hope This Helps!! (^ '--')

ints) During 2018, Falwell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstanding. The preferred stock has a par value of $100 per share. Falwell did not declare or pay any dividends during 2018.Falwell's net income for the year ended December 31, 2018, was $2.5 million. The income tax rate is 40%. Falwell granted 10,000 stock options to its executives on January 1 of this year. Each option gives its holder the right to buy 20 shares of common stock at an exercise price of $29 per share. The options vest after one year. The market price of the common stock averaged $30 per share during 2018.What is Falwell's basic earnings per share for 2018, rounded to the nearest c

Answers

Answer: $4.34

Explanation:

The net income for diluted earnings per share will be calculated as:

Net income: $2,500,000

Less: preferred dividend: $300,000

= $2,200,000

To calculate the number of shares goes thus:

Total shares of stock options = 10,000 × 20 = 200,000 shares

Proceeds = 200,000 × $29

= $580,000

Shares of treasury stock will be:

= $580,000/$30

= 193,333 shares

Net shares added will be:

= 200000 - 193333

= 6667

Tge total shares for the diluted earnings per share will now be:

= 500,000 + 6667

= 506,667

The diluted earnings per share:

= $2,200,000/506667

= $4.34

In order for money to work properly, the different pieces of currency in an economy should look similar to each other. This is an element of which characteristic of money?

A.) Limited supply
B.) Divisibility
C.) Acceptability
D.) Uniformity

Answers

Answer:

D.) Uniformity

Explanation:

I just did it it was correct and this is just if you need a second opinion.

In order for money to work correctly, the different pieces of currency in an economy should look similar to each other. This is an element of the Uniformity of money. Hence, Option D is correct.

What is currency?

When a person wants to market or wants to purchase anything, it can be for self, or for a family member or for a friend, or for anyone else, they have to pay a certain amount of money and that money is known as the currency. Just like each nation has its own language, similarly, they also have its own currency.

For instance, if a person wants to buy or purchase anything in India, they have to use the Indian Rupee which is the currency of India, If one is in Saudi Arabia, they will use Saudi Riyal, and many more. There is a market which is known as the free market, in that market gold is also considered a currency. For smooth functioning of the currency, there should be uniformity of money.

Thus, Option D is correct.

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The employment process is carried out by which department?

Answers

Answer:

The hiring process is the process of reviewing applications, selecting the right candidates to interview, testing candidates, choosing between candidates to make the hiring decision and performing various pre-employment tests and checks.

Explanation:

The employment process is carried out by Human Resources (HR) division manages the hiring procedure is department.

The HR department is in charge of handling the entire employee life cycle, which includes hiring, onboarding, training, terminating, and providing benefits to employees.

Reviewing applications, identifying the best applicants for interviews, testing candidates, deciding amongst candidates to hire, and carrying out different pre-employment exams and inspections are all part of the hiring process.

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Why do you think customer service is important for a business

Answers

customer service determines how many customers you will have. poor CS makes people not want to go to your business and tell others not to either. great CS makes people love you and your products.

Answer:

It can help expand your business, if your buisness has amazing customer service your customers will be more willing to return and even refer friends/family/etc. to your business. A business's success is determined by the customers, they are the ones that purchase your goods/products and have the power to make or break a business.

Lillian has a master's degree in logistical engineering. She has worked with large
manufacturing warehouses in the past. What company in the Manufacturing career
cluster might consider hiring Lillian?

a. a quick cement packaging company in need of a lab tech

b. an appliance manufacturer who creates several different items

c. a furniture upholstery firm looking for help with purchasing

d. a government agency in need of a safety inspector

Answers

C is the correct answe

Advantages and disadvantage of workers on a strike

Answers

Answer:

ADVANTAGES: Potential for better pay and working conditions for the workers

DISADVANTAGES: The employer could potentially punish the workers, restrict their pay, or even fire them. The company the workers work for will lose money. Strikes can take long periods of time.

Jenny can paint one birdhouse in 2 hours and can build one birdhouse in 1 hour. Gary can paint one birdhouse in 3 hours
and can build one birdhouse in 2 hours. Who has the comparative advantage in painting a birdhouse?
a
b
оооо
A. Gary
B. Jenny
C. Their comparative advantage is the same
D. Neither has a comparative advantage

Answers

Answer:

Jenny

Explanation: This is an easy comparative answer Jenny takes 2 hours for 1 birdhouse, and Gary takes three J2>3G

Which of the following are types of evidence that can be used to support a
controlling idea? *
facts (statements that can be proved true)
statistics (data that is gained from research)
examples (specific instances of a general idea)
anecdotes (brief stories that illustrate a point)
all of the above

Answers

Answer:

all of the above

Explanation:

The controlling idea is the text that grabs the reader's attention in a paragraph or headline. It arouses curiosity in the audiences. The controlling idea makes people eager and anxious for details. In support of the controlling idea, the writer uses evidence to paint a clear picture of the events or story.

Some of the evidence that a writer can use include

Verifiable facts and dataReal-life stories and experiencesResearch outcomesFactual information in the public domain

Employers set workplace guidelines for various reasons, including business reasons or health and safety. Which of the following activities show organizational responsibility for the safety of employees?
Check all of the boxes that apply.

All employees must meet sales goals.
All employees must attend a safety briefing.

All employees must wear a uniform that includes a vest and slacks.

All employees must wear a uniform that includes steel toed boots and a lab coat.

Answers

Answer:

B- All employees must attend a safety briefing.

D- All employees must wear a uniform that includes steel toed boots and a lab coat.

The activities show organizational responsibility for the safety of employees are

All employees must attend a safety briefing.

All employees must wear a uniform that includes steel-toed boots and a lab coat.

What is business?

An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.

For a variety of reasons, such as financial advantage or concerns for employee safety, employers develop workplace policies. A safety briefing is required for each employee in order to prevent any unanticipated situations.

To protect themselves from dangerous situations or any injuries they may sustain while working, all employees are required to wear a lab coat and steel-toed boots as part of their uniform.

The responsibility for creating and enforcing safety practices rests solely on the employees. Any accident that results from their neglect of safety procedures is their own responsibility.

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Economists occasionally speak of "helicopter money" as a short-hand approach to explaining to increases in the money supply. suppose the chairman of the federal reserve flies over the country in a helicopter dropping 10,000,000 in newly printed $100 bills (a total of $1 billion). by how much will the money supply increase if, holding everything else constant

Answers

Answer and Explanation:

a. In case when the new bills are kept by the people so the supply of money would be increase by a very similar amount as it was dropped off the plane. That's because the banking is not in the image, so there is no impact on the money multiplier.

b. If the amount is deposited in the bank, the cash supply would rise with the money multiplier being taken into account. Money Multiplier = Deposited currency / reserve ratio. The overall supply of money that will raise be 1 billion / 0.1.

c.Again, if a 100% reserve banking is exercised by the bank, so the boosted money supply would be the same value as it has been deposited.

d. If half of the value is held by the public and half of the value is deposited with the bank at 10% of the reserves, the supply of money rises by half of the amount which is held by the public in addition of half of the value / reserve ratio that is 10%.

State the classification of occupation​

Answers

Answer: All workers are classified into one of 867 detailed occupations according to their occupational definition. To facilitate classification, detailed occupations are combined to form 459 broad occupations, 98 minor groups, and 23 major groups.

Explanation:

The International Standard Classification of Occupations is an International Labor Organization classification structure for organizing information on labor and jobs. It is part of the international family of economic and social classifications of the United Nations.

Answer:

can I answer your all questions

Dear Ms. Hunter: Subject: Credit Reimbursement Request for Account #45673 Your account will be credited for the erroneous charges. Thank you for bringing this error to our attention. You will receive credit notification by mail in 5–7 working days. True or False: This is an effective beginning for a direct reply letter. True False Which strategy will make your direct response most useful for the recipient? Build goodwill through emphatic statements. Arrange your information logically. Close pleasantly and quickly.

Answers

Answer:

True: This is an effective beginning for a direct reply letter.

Arrange your information logically

Explanation:

Communication is the process whereby information or message is pass one from one person to another. Communication is complete when the receiver knows or understand what the sender is passing on(message). There are different types of communication of which there is the direct and indirect form of communication. Communication can be done through letters, face to face discussion, through the mass media and others. The way information is passed plays a huge role in the receiver understanding or decoding the message.

The use of alcohol and other drugs cause you to lose your?

Answers

Answer:

liver cells

Explanation:

it eats at your inner parts of the body in prolonged use

Does anybody know the answer to this question?

Answers

Answer:

The answer is A and B: professional and friendly ^^

Hope you find the answer helpful :)

Answer: Professional and Friendly

Explanation:

Incomplete and Grammatically incorrec cannot be tones of voice.

Tony works for an organization that raises awareness about environmental
concerns in the community. He wants to make sure his local congressperson
votes for a new law that would make penalties for polluters more severe. He
knows his congressperson really likes a certain restaurant in town, so he's
thinking about getting him a gift certificate for that restaurant. What ethical
dilemma is Tony facing?
O A. Whether to award honoraria to a business leader for reduced
pollution
B. Whether to give a gift to a business leader for reduced pollution
C. Whether to give a gift to a politician while lobbying
O D. Whether to award honoraria to a politician while lobbying

Answers

Answer:

C. Whether to give a gift to a politician while lobbying

Two savanna communities both contain 15 plant species. In community A, each of the 15 species is represented by 20 individuals. In community B, 10 of the species are each represented by 12 individuals; the remaining 5 species are each represented by 3 individuals. Which statement best describes the two communities?

Answers

Answer:

Community A has a higher species evenness

Explanation:

Community A has high species evenness because species evenness is the relative proportion of people of different races in a particular area. In Community A, a total of 15 races are represented equally by 20 individuals, while in Community B, 10 out of 15 races are represented by 12 individuals and 5 other 3 individuals. The relative proportion of individuals of different races is greater than A. So that Community A has more species evenness.

PLZ HELP ASAP!!!!!
I WILL DUB THEE BRAINLIEST!!! (:
Suppose you invest $12,000 in equipment to manufacture a new board game. Each game costs $5 in materials to manufacture and you plan to sell them for $20. How many games must you make to break even? (assume that you sell all you make)

Answers

Answer:

he is correct. "Each game costs $5 to make and earns you $20, so you profit $15 from each game. Therefore you would have to make 12000/15 = 800 games to break even."

Explanation:

If an HR manager is reviewing a list of interview questions to ensure that they will accurately measure the employee characteristics she is looking for, she is checking for...


reliability


cognition


trustworthiness


validity



If you have all of the answers to this quiz may you please help me out i am struggling with this

Answers

Answer:

The correct answer is the third option: trustworthiness

Explanation:

To begin with, someone who is trustworthiness is to be considered truthful enough so that would mean that they will be able to do what the job is for no matter how many difficulties it presents, the employees who are trustworthy will always find the way to fight against their struggle at the task they are in. So that is why that the HR manager will try to find questions that will prove that the person who is going to be hired can be truthful enough to hand the job properly and not waste the companies money and time affecting the productivity.

True or false: Good intuition is just as important as good research. NEED ANSWERS FAST

Answers

Answer:

True

Explanation:

I jus got 100% on the quiz.

What is the return rate for brick-and-mortar stores?
A. 10%
B. 20%
C. 3%
D. 15%

Answers

The return rate for brick-and-mortar stores that one will receive is 3%. Hence, Option C is correct.

What is the return rate?

A return rate is something that an individual receives in exchange or returns for something else. One can receive this return in various cases, like when someone has lent money to someone for a particular period of time.

In other words, the return rate, or rate of return, is the amount received after making any type of investment. The amount that they will receive in addition to that particular amount is the amount that gets after the calculation of the percentage of the return rate, and that percentage is fixed.

Therefore, it is the return that one has to make after the completion of the time period for which the investment has been made. Option C is correct.

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This graph compares the cost of an education at different institutions in Texas.

A graph titled The Cost of Tuition in Texas from 2012 to 2013 has type of school on the x-axis, and yearly cost in thousands of dollars on the y-axis. Public 4-year university is about 7,000, and private 4-year is 23,000. Public community college is 2,000, and private community college is 9,000. Technical school is 4,000.

This graph demonstrates that

private universities can cost three times as much to attend as public universities.
public universities can cost three times as much to attend as private universities.
community colleges can cost five times as much to attend as technical schools.
technical schools can cost five times as much to attend as community colleges.

Answers

Answer:

private universities can cost three times as much to attend as public universities.

Explanation:

Private universities are more expensive to attend compared to public universities. As per the graph, the public university is cost 7,000 while private university costs 23,000 to attend.  It is then correct to say that private universities cost more than three times as public universities ( 23,000/7,000= 3.29).

Community college costs 9000, while technical schools cost 4000; the cost is not five times more.

Technical schools 4,000 and community colleges are 9000; the costs are only two and a half more.

The graph is a pictorial representation of the data given.

The graph shows the relationship between two quantities whether it is linear or inversely proportional etc.

The given graph depicts that:

Private universities can cost three times as much to attend as public universities.

The given data tells that

                                         Costs

                                a)Public                 b)  Private

University                7000                        23000

College                    2000                        9000

Dividing b by a gives

23000/7000=3.286

9000/200= 4.5

Choice b public universities can cost three times as much to attend as private universities is incorrect.

Choice c community colleges can cost five times as much to attend as technical schools  is also incorrect.

Choice d technical schools can cost five times as much to attend as community colleges is incorrect as well.

The best answer from the given choices is option a: private universities can cost three times as much to attend as public universities.

Reading graph can be understood from the following links.

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https://brainly.com/question/7040405

The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent units for conversion costs for November in a particular department. There were 4,000 units in the ending work in process inventory on November 30 which were 60% complete with respect to conversion costs. The November 1 work in process inventory consisted of 5,000 units which were 40% complete with respect to conversion costs. A total of 22,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:

Answers

Answer:

21,000 units

Explanation:

Prepare a reconciliation of physical units

Inputs :

Beginning Work In Process Units                                 5,000

Units Started during the period (Balancing figure)     21,000

Total                                                                              26,000

Outputs :

Completed and transferred out units                         22,000

Ending Work In Process Units                                       4,000

Total                                                                              26,000

Conclusion :

Thus,  number units started during November in the department was: 21,000 units

Donny, of Donny's Doughnuts, bakes and sells 100 dozen doughnuts a day using one mixer and one fryer. His rival, Sunshine, of Sunshine's Doughnuts, produces 180 dozen doughnuts a day using two mixers and two fryers. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Donny and Sunshine both increase their capital equipment by one mixer and one fryer.

Answers

Answer:

D. Donny, because his workers are not as busy to start with

Explanation:

Note: The complete question is attached as picture

Based on the information supplied. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Observation: There are diminishing returns to capital. This means in as much a more capital is added to labor, the marginal products falls.

As there are diminishing returns to capital, Donny will benefit the most as his workers were not as busy to start with.

What problems might robert encounter in comparing these companies to one another on the basis of their​ ratios? ​(select all the answers that​ apply.)
a. financial ratios from software companies are never very reliable.
b. the operating characteristics of firms across different industries vary significantly resulting in very different ratio values.
c. the four companies are in very different industries.
d. caution must be exercised when comparing older to newer​ firms,
e.g., utility company vs. software company?

Answers

Answer:

The likely problems to be encountered by Roberts include the following below:

b. the operating characteristics of firms across different industries vary significantly resulting in very different ratio values.

d. caution must be exercised when comparing older to newer​ firms,

e.g., utility company vs. software company?

c. the four companies are in very different industries.

Explanation:

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help me plz me and my goat are thinking but not working why did Hari come back A pronoun is a word that's used in place of a noun or noun phrase. Words like "he," "she," "it," "it," "they" and "her" are all pronouns. You can use pronouns to stand in for nouns so that sentences don't get repetitive.read the following sentence...Laura left Laura's mom a message saying that Laura would be a few minutes late.A.Laura left Angelica a message saying that Laura would be a few minutes late.B.Laura left her mom a message saying that she would be a few minutes late.C.Laura left Laura a message saying that Laura would be a few minutes late.D.Laura left Laura's mom a message saying that she would be a few minutes late. The sedition act of 1796 Copyright is super easy to understand. True or False Who was called the Shakespeare of Harlem during the Harlem Renaissance?Langston HughesJames Weldon JohnsonClaude McKayLouis Armstrong 1. How do human actions affect the character of a place over time?2. Which artifacts indicate that people In jenne-jeno lived near a river?3. What conclusions can you draw from the presence of glass beads at the jenne-jeno site around A.D. 1000?4. In what way do you think trade might have led to continuing change in Jenne-Jeno?5. The McIntoshes found evidence of a city wall built about A.D. 1000. How would the evidence of a city wall indicate that Jenne-Jeno was changing?6. Archaeologists piece together a story about a place from the artifacts they find. How do you think the Terra-cotta statuettes fit into the cultural life of the people of Jenne-Jeno? What is the sum of (9x4+6x3+2x5+6) and (3x5+3x4+7x3+8)? Which agent contributes to erosion? Sunlight Shorelinescloudsice and glaciers Which of the following IS NOT TRUE about the Statue of Liberty?A.It's exterior is made of copperB.It is located in Boston HarborC.It was a gift from FranceD.It was/is a symbol hope and opportunity, especially for immigrants to the US What happens to the temperature of a substance while it is changing state?A. It increases first and then decreases.B. It decreases first and then remains constant.C. It varies randomly.D. It remains constant. Practice :Rewrite the sentence so that the adjectives change into adverbs1. She is a good dancer.2.They spoke in soft voices.3.It was a heavy rain.4.The hungry man asked for food.5.The angry dog barked. Which macronutrient contains carbon, hydrogen, and oxygen molecules? a car rental service charges customers for the number of miles they travel rounded to the nearest whole mile George travels 40.8 miles how many miles will he be charged explain The judicial branch is one part of the federal government. It oversees laws for the whole country. The executive and legislative are the U.S. government's other two branches. The judicial branch includes the Supreme Court.What is the meaning of the word "branch" in this selection based on the context clues?A) pathwayB) sectionC) lawD) judgeI will mark braniest for correctnessssss GIS is based on at least two important areas of technology An elliptical clause is one in which the reader must infer or add some of the information.TrueFalse which of these was a characteristic of people in the middle class Macy estimated a product to be 800. The actual product is 768. Her estimate was an A. overestimateB. underestimate What are the Factors of 8?