In the Paint Production Department, conversion cost per unit is $8. Total materials costs are $45,000, and there are 9,000 equivalent units for materials. Calculate the total manufacturing cost per unit. A. $5 B. $8 C. $13 D. $15
Q: Give me Answer
A: Concept of Break-even Point:The break-even point is the level of sales at which total revenues equal…
Q: what is the actual total direct materials for the current period ?? accounting
A: Step 1:Actual Total Direct Materials Cost Direct material cost the cost of direct materials which…
Q: BrightCo produces 10,000 units. Costs . Direct materials: $6 • Direct labor: $5 per unit: • . •…
A: Step 1: Definition of Product CostProduct cost includes all costs incurred to manufacture a product.…
Q: A company carries an average annual inventory of $4.3 million if it estimates the cost of capital is…
A: Explanation of Average Inventory:Average inventory represents the typical value of inventory a…
Q: Please help me solve this general accounting question using the right accounting principles.
A: Step 1: Define Return on Equity Return on Equity (ROE) measures a company's profitability by showing…
Q: annual profit?
A: Step 1: Definition of Break-Even with Target ProfitThe break-even with target profit formula…
Q: I am trying to find the accurate solution to this general accounting problem with appropriate…
A: Step 1: DefinitionsConcept of Gross Profit Method:Gross Profit Method is an inventory estimation…
Q: 4 POINT
A: Explanation of Book Value:Book value refers to the net amount at which an asset is carried on the…
Q: Delta Tech Inc. has the following: . Current assets: $8,900 • • • Net fixed assets: $34,100 Current…
A: Step 1: DefinitionsShareholders' EquityShareholders' equity, also known as owner's equity or net…
Q: Need help with this question solution general accounting
A: To calculate the Quick Ratio, use the formula: Quick Ratio = (Current Assets - Inventory) / Current…
Q: Please provide the solution to this general accounting question with accurate financial…
A: Step 1: Definitions Concept of Direct Materials:Direct materials are raw materials that are directly…
Q: Provide answer
A: We are given:Break-even sales = $950,000Variable expenses = 70% of salesNet loss = $50,000We need to…
Q: Can you solve this general accounting problem using accurate calculation methods?
A: To calculate Net Sales Revenue, use the formula:Net Sales = Gross Sales - Sales Discounts - Sales…
Q: What percentage change in sales occurs if profits increase by 2% when the firm's degree of operating…
A: Understand the Degree of Operating Leverage (DOL)The degree of operating leverage measures how…
Q: give me solution step by step
A: Step 1: Definition of Proceeds of a NoteThe proceeds of a note refer to the amount of money that a…
Q: A company sold goods for $12,000 on credit and later allowed a sales return of $2,000. Calculate the…
A: Explanation of Sales (or Total Sales):Sales refer to the total revenue a company earns from selling…
Q: Get correct answer please general accounting
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is a rate…
Q: Can you demonstrate the accurate method for solving this financial accounting question?
A: To find the total fixed overhead costs using the high-low method, follow these steps: 1: Identify…
Q: Sprite Company's unadjusted bank balance on March 31 is $6,490. The bank reconciliation revealed…
A: Explanation of Unadjusted Bank Balance: Unadjusted bank balance refers to the ending balance shown…
Q: What is the actual total direct materials cost? Accounting Question
A: Step 1: Definition of Actual Direct Materials CostActual Direct Materials Cost is the total amount a…
Q: ???!!
A: To estimate the stock price using the P/E multiples approach, follow these steps:1. Calculate…
Q: Bella's has annual sales of $528,400, total debt of $112,000, total equity of $145,000, and a profit…
A: Correct Answer: Not listed, 15.50%.
Q: Quick answer of this accounting question
A: Step 1: Definition of Owner's EquityOwner's Equity represents the owner's claim on the assets of the…
Q: Need step by step answer
A: Step 1: Definition of Taxes PaidTaxes Paid refers to the actual amount a company owes to the…
Q: Can you provide the accurate answer to this financial accounting question using correct methods?
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial metric that…
Q: Sparkle Lighting reports net sales revenue of $250,000 and cost of goods sold of $175,000. What is…
A: Step 1: Definition of Gross Profit PercentageGross Profit Percentage (also called Gross Margin…
Q: MCQ
A: Explanation of Cost Principle:Cost Principle is an accounting concept that states assets should be…
Q: I am searching for the accurate solution to this financial accounting problem with the right…
A: Step 1: Definition of Operating Cash Flow (OCF)Operating Cash Flow (OCF) refers to the cash that a…
Q: What is the net income for the year?
A: Step 1: Definition of Net IncomeNet Income is the residual profit a company earns after deducting…
Q: Question 10 of 12 View Policies - / 12.5 III ⠀ Current Attempt in Progress During 2025, Wildhorse…
A: Final Answers: Overhead Applied:January: $31,200February: $46,800 Over/Underapplied: January: $1,300…
Q: What is Bright Co.'s operating leverage
A: File Description:The file presents a word problem related to financial analysis. It asks the user to…
Q: What is the balance of the Building account?
A: Definition of Accounting Equation:The Accounting Equation states that Assets = Liabilities +…
Q: Can you explain the correct methodology to solve this financial accounting problem?
A: Explanation of Profit Margin: Profit margin is a financial ratio that measures the percentage of…
Q: Wharton uses a traditional costing system and assigns overhead based on direct labor hours.
A: Concept of Direct Labor Hours:Direct labor hours refer to the actual time workers spend physically…
Q: What is the total equity for office mart at year-end?
A: Step 1: Definition of Equity Equity, also referred to as owner's equity or shareholders' equity,…
Q: What is the predetermined overhead rate it should use during the year?
A: Concept of Predetermined Overhead Rate:The predetermined overhead rate is an estimate used to apply…
Q: increase in profits? accounting question
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) is a…
Q: calculate the capital turnover
A: Step 1: Definition of Capital TurnoverCapital Turnover is a financial efficiency ratio that measures…
Q: Carter Inc. had $3,000 of supplies on hand on January 1. During the year, the company purchased…
A: To determine the adjusting entry for Carter Inc. on December 31, we need to calculate the amount of…
Q: What is net working capital? Accounting question
A: Step 1: Definition of Shareholders' Equity And Net Working CapitalShareholders' equity represents…
Q: I need help with this general accounting problem using proper accounting guidelines.
A: Provided Data:Income before income taxes = $512,000Unrealized loss on available-for-sale securities…
Q: You purchase lubricating oil in 55-gallon drums and consume an average of 642 drums per year.…
A: To determine the Economic Order Quantity (EOQ), we use the EOQ formula from inventory management.…
Q: How much wage expense should be accured on Wednesday?
A: Explanation of Accrued Expenses:Accrued expenses are costs that a company has incurred but has not…
Q: Please provide the accurate answer to this general accounting problem using appropriate methods.
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: Calculate the company's overhead rate based on total direct labor hours
A: Concept of Overhead:Overhead refers to all indirect costs associated with operating a business that…
Q: What is the average collection period for Accounts receivable?
A: Let's break it down step by step. The Average Collection Period measures how long (in days) it takes…
Q: Please provide problem with accounting question
A: Step 1: Definition of Payout RatioThe payout ratio is the proportion of earnings paid out as…
Q: answer please
A: Interest = Principal * Rate * TimeInterest = 20,000*5.5%*(150/360)Interest = $458.33 Maturity Value…
Q: I am searching for the correct answer to this general accounting problem with proper accounting…
A: Step 1: Definition of Lower of Cost or Net Realizable Value (NRV)The lower-of-cost-or-net realizable…
Q: Please explain the solution to this general accounting problem with accurate principles.
A: Step 1: Definition of Straight-Line DepreciationStraight-Line Depreciation is a method used to…
Calculate the total manufacturing cost per unit?


Step by step
Solved in 2 steps

- The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000. The conversion cost for the period in the Rolling Department is 462,600. The total equivalent units for direct materials and conversion are 4,000 tons and 3,855 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
- cost account.I need this question answer general AccountingThe cost of direct materials transferred into the Rolling Department of Kraus Company is $3,000,000. The conversion cost for the period in the Rolling Department is $462,600. The total equivalent units for direct materials and conversion are 4,000 tons and 3,855 tons, respectively. Determine the direct materials and conversion costs per equivalent unit. Direct materials cost per equivalent unit: $______ per ton Conversion cost per equivalent unit: $______per ton
- Jackson Company has the following information for the current period for the Mixing Department: Costs of beginning work-in-process: Direct materials Conversion costs Costs added during the period: Direct materials Conversion costs Equivalent units of production for: Direct materials Conversion costs $15,000 26,000 100,000 150,000 12,600 units 9,100 units Using the weighted-average method, what is the cost per equivalent unit for conversion costs? A.$ 3.25 B.$ 9.13 C.$ 19.84 D.S 19.34Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for materials are 12,000. How much is the total manufacturing cost per unit? A. $15 B. $11 C. $13 D. $14 MCQ10. A production department within a company received materials of $10,000 and conversion costs of $10,000 from the prior department. It added material of $27,200 and conversion costs of $53,000. The equivalent units are 20,000 for material and 18,000 for conversion. Complete the following table to determine what is the unit cost for materials and conversion? PLEASE NOTE: For units, use commas as needed (i.e. 1,234). Costs per unit are rounded to two decimal places and shown with "$" and commas as needed (i.e. $1,234.56). All other dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Total Cost Equivalent Units Per Unit Material ? ? ? Conversion ? ? ?

