Luna manufacturing uses a process costing-system. luna uses the weighted average method . the following information pertains to operations for the month of january: units beginning work-in-process inventory, january 1 14,000 started in production during january 370,000 completed production during january 187,000 ending work-in-process inventory, january 31 197,000 the beginning inventory was 80% complete for materials and 40% complete for conversion costs. the ending inventory was 85% complete for materials and 30% complete for conversion costs. costs pertaining to the month of january are as follows: beginning inventory costs are: materials of $152,800 and conversion cost of $165,600. costs incurred during january are: materials used of $1,849,200 and conversion cost of $2,410,800. what is the conversion cost per equivalent unit for december, rounded to two decimal places?

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Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.