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- Weighted-average costs per equivalent unit are $2.10 for direct materials and $3.05 for conversion. There are no transferred-in costs and no spoilage. What is the cost of goods completed and transferred out if 27,000 units are completed and 2,700 units are in ending inventory? Cost of Goods Completed and Transferred out: ?Weighted-average costs per equivalent unit are $2.90 for direct materials and $3.45 for conversion. There are no transferred-in costs and no spoilage. What is the cost of goods completed and transferred out if 12,500 units are completed and 1,250 units are in ending inventory?Pinter Company had the following environmental activities and product information: 1. Environmental activity costs 2. Driver data 3. Other production data Required: 1. Calculate the activity rates that will be used to assign environmental costs to products. 2. Determine the unit environmental and unit costs of each product using ABC. 3. What if the design costs increased to 360,000 and the cost of toxic waste decreased to 750,000? Assume that Solvent Y uses 6,000 out of 12,000 design hours. Also assume that waste is cut by 50 percent and that Solvent Y is responsible for 14,250 of 15,000 pounds of toxic waste. What is the new environmental cost for Solvent Y?
- I will post this several times, dont answer it if you already answer it! I will mark down the second SAME answer if ever.What is the total standard cost for one unit of product that would appear on a standard cost card for this general accounting question?Blueberry Company reports the following information: Direct Materials $10 / unit Direct Labor $20 / unit Variable Overhead $10 / unit Fixed Overhead $160,000 for the year Units Produced $20,000 Units Sold $18,000 IF we use absorption costing - what is the product cost / unit? How much cost would be added to ending inventory for the period. IF we use variable costing - what is the product cost / unit? How much cost would be added to ending inventory for the period?
- Ship Co. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead is applied at the rate of $9 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?Cool Pool has these costs associated with production of 24,000 units of accessory products: direct materials, $65; direct labor, $105; variable manufacturing overhead, $55; total fixed manufacturing overhead, $1,080,000. What is the cost per unit under both the variable and absorption methods? Variable Absorption Method Method Cost per unit $Queen Manufacturing uses 1,900 switch assemblies per week and then reorders another 1,900. Assume the relevant carrying cost per switch assembly is $5.60 and the fixed order cost is $605. a. Calculate the carrying costs. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. Calculate the restocking costs. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c. Calculate the economic order quantity. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. d. Calculate the EOQ number of orders per year. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Carrying costs b. Restocking costs c. Economic order quantity d. Number of orders
- 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 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?Clap Off Manufacturing uses 1,800 switch assemblies per week and then reorders another 1,800. Assume the relevant carrying cost per switch assembly is $5.50 and the fixed order cost is $600. a. Calculate the carrying costs. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. Calculate the restocking costs. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. Calculate the economic order quantity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. Calculate the EOQ number of orders per year. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
