The unit cost of an assembled camera in January 2014. Given information: Direct material costs are $800,000. Conversion costs are $805,000. Cameras completed are 5,000.

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Answer 1

Question

Chapter 17, Problem 17.16E

1.

To determine

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

2.

(a)

To determine

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.

(b)

To determine

To compute: the unit cost of an assembled camera in February 2014.

3.

To determine

To explain: The reason of difference in answer of part 1 and part 2.

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Answer 2

Question

Chapter 17, Problem 17.16E

1.

To determine

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

2.

(a)

To determine

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.

(b)

To determine

To compute: the unit cost of an assembled camera in February 2014.

3.

To determine

To explain: The reason of difference in answer of part 1 and part 2.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 17, Problem 17.16E

1.

To determine

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

2.

(a)

To determine

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.

(b)

To determine

To compute: the unit cost of an assembled camera in February 2014.

3.

To determine

To explain: The reason of difference in answer of part 1 and part 2.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 17, Problem 17.16E

1.

To determine

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

2.

(a)

To determine

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.

(b)

To determine

To compute: the unit cost of an assembled camera in February 2014.

3.

To determine

To explain: The reason of difference in answer of part 1 and part 2.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 17, Problem 17.16E

1.

To determine

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

2.

(a)

To determine

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.

(b)

To determine

To compute: the unit cost of an assembled camera in February 2014.

3.

To determine

To explain: The reason of difference in answer of part 1 and part 2.

Answer 6

Chapter 17, Problem 17.16E

1.

To determine

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

Answer 7

Chapter 17, Problem 17.16E

1.

To determine

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

Answer 8

2.

(a)

To determine

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.

Answer 9

2.

(a)

To determine

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.

Answer 10

(b)

To determine

To compute: the unit cost of an assembled camera in February 2014.

Answer 11

(b)

To determine

To compute: the unit cost of an assembled camera in February 2014.

Answer 12

3.

To determine

To explain: The reason of difference in answer of part 1 and part 2.

Answer 13

3.

To determine

To explain: The reason of difference in answer of part 1 and part 2.

Answer 14

Expert Solution & Answer

Answer 15

Expert Solution & Answer

Answer 16

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Answer 17

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The unit cost of an assembled camera in January 2014. Given information: Direct material costs are $800,000. Conversion costs are $805,000. Cameras completed are 5,000.

To compute: The unit cost of an assembled camera in January 2014. Given information: Direct material costs are $800,000. Conversion costs are $805,000. Cameras completed are 5,000.

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014. Given information: Direct material costs are $800,000. Conversion costs are $805,000. Cameras completed are 4,000. 1,000 cameras are 60% completed as to conversion costs.

To compute: the unit cost of an assembled camera in February 2014.

To explain: The reason of difference in answer of part 1 and part 2.

Want to see the full answer?

Chapter 17 Solutions

To compute: The unit cost of an assembled camera in January 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 5,000.

To compute: The equivalent units of transferred in costs, direct material and conversion costs February 2014.

Given information:

Direct material costs are $800,000.

Conversion costs are $805,000.

Cameras completed are 4,000.

1,000 cameras are 60% completed as to conversion costs.