Business, 02.04.2021 22:40 alexa006ox9k63

The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs
1. Transferred out 12,400 units. Beginning work in process $0
2. Started 3,100 units that are 60% complete
as to conversion costs and 100% complete
as to materials at July 31 Materials 57,350
Labor 14,044
Manufacturing overhead 20,180
Materials entered at the beginning of the process. Conversion costs are incurred uniformly during the process.
a. Determine the equivalent units of production for 1 material and 2 conversion costs.
Materials Conversion Costs
Total equivalent units of production
b. Compute unit costs. Round unit costs to 2 decimal places.
Materials $
Conversion costs $
Prepare a cost reconciliation schedule
Cost Reconciliation
Cost accounted for
Transferred out $
Work in process, July 31
Materials $
Conversion costs
Total costs $

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 02:50

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Answers: 2

Answer

Business, 22.06.2019 20:00

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.

Answers: 3

Answer

Business, 22.06.2019 23:40

Four key marketing decision variables are price (p), advertising (a), transportation (t), and product quality (q). consumer demand (d) is influenced by these variables. the simplest model for describing demand in terms of these variables is: d = k – pp + aa + tt + qq where k, p, a, t, and q are constants. discuss the assumptions of this model. specifically, how does each variable affect demand? how do the variables influence each other? what limitations might this model have? how can it be improved?

Answers: 2

Answer

Business, 23.06.2019 00:00

1. which of the following is true about how your skill set relates to a future career? (1 point) employers like to hire people with only full-time job experience. employers consider subject-specific skills for new positions. skills learned in high school should not be included. skills from part-time jobs and volunteer work may prove beneficial in future jobs. 2. which of the following is a list of broad categories of skills? (1 point) creativity, art and communications, tools and trade, literacy and language, and interpersonal skills english and literacy, tools and trade, mathematics, and creativity interpersonal skills, intrapersonal skills, writing and literacy, tools and trade, and creativity mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity

Answers: 3

Answer

You know the right answer?

The Cutting Department of Cassel Company has the following production and cost data for July. Produ...

Questions