MANAGERIAL ACCOUNTING ACCESS CARD
17th Edition
ISBN: 9781266165276
Author: Garrison
Publisher: MCG
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Chapter 4, Problem 8E
To determine
Computation of equivalent units for each element of cost, cost per equivalent unit and total cost of ending inventory and completed units describe the steps taken for computation of total units completed and equivalents units of each element of cost. The total cost of ending work in process and completed and transferred out shall be determined based on equivalent units and cost per equivalent units. The total units completed are computed by considering the total units in process and ending work in process units.
Requirement1:
The equivalent number units of each element of cost shall be determined.
To determine
Requirement2:
The cost per equivalent unit for each element of cost shall be determined.
To determine
Requirement3:
The cost of ending work in process inventory in respect to material, conversion and total shall be determined.
To determine
Requirement4:
The cost of goods completed and transferred out shall be determined.
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A42
☑✓ fx
A
1 TASK
2 Name data to proper case
3 Number of characters in a text string
4 Find first 4 characters of a text string
B
C
D
E
FUNCTION TO LEARN DATA
PRACTICE
FORMULAS
PROPER
hayden anderson
#N/A
LEN
Hayden
#N/A
LEFT
Anderson
#N/A
RIGHT
Anderson
#N/A
MID
Hayden
#N/A
CONCAT
C3 and C4
#N/A
CONCAT
C3 and C4
#N/A
C3 and C4
#N/A
51085
4033
#N/A
#N/A
handerson@nowhere.edu
handerson@nowhere.edu
#N/A
#N/A
5 Find final 3 characters of a text string
6 Get three characters from a text string starting on the third character
7 Concatenate (bring together) text strings
8 Concatenate (bring together) text strings adding a space,
9 Concatenate (with space) using ampersands
10 Convert a number (like a zip code) to text
""
11 Convert a number (like a zip code) to text adding back leading zero
12 Search for the location of the text string "@" within an email address
13 Split off username from email address. Hint: search for @ symbol
14
TEXT
TEXT
SEARCH
LEFT and SEARCH
15
Raw name data
Zip Codes…
Please explain this financial accounting problem by applying valid financial principles.
Right answer
Chapter 4 Solutions
MANAGERIAL ACCOUNTING ACCESS CARD
Ch. 4.A - EXERCISE 4A-1 Computation of Equivalent Units of...Ch. 4.A - EXERCISE 4A-2 Cost per Equivalent Unit-FIFO Method...Ch. 4.A - EXERCISE 4A-3 Assigning Costs to Units-FIFO Method...Ch. 4.A - EXERCISE 4A-4 Cost Reconciliation Report-EIFO...Ch. 4.A - EXERCISE 4A-5 Computation of Equivalent Units of...Ch. 4.A - EXERCISE 4A-6 Equivalent Units of Production-FIFO...Ch. 4.A - EXERCISE 4A-7 Equivalent Units of Production and...Ch. 4.A -
EXERCISE 4A-8 Equivalent Units of Production—FIFO...Ch. 4.A - EXERCISE 4A-9 Equivalent Units; Equivalent Units...Ch. 4.A - PROBLEM 4A-10 Equivalent Units of Production;...
Ch. 4.A - Prob. 11PCh. 4.A - Prob. 12CCh. 4.B - Prob. 1ECh. 4.B - EXERCISE 4B-2 Step-Down Method LO4-11 Madison Park...Ch. 4.B - Prob. 3ECh. 4.B - EXERCISE 4B-4 Direct Method LO4-10 Refer to the...Ch. 4.B - PROBLEM 4B-5 Step-Down Method L04-11 Woodbury...Ch. 4.B - Prob. 6CCh. 4 - Prob. 1QCh. 4 - In what ways are job-order and process costing...Ch. 4 - Why is cost accumulation simpler in a process...Ch. 4 - How many Work in Process accounts are maintained...Ch. 4 - Prob. 5QCh. 4 - Prob. 6QCh. 4 - Prob. 7QCh. 4 - Prob. 8QCh. 4 - Prob. 1AECh. 4 - This exercise relates to the Double Diamond Skis’...Ch. 4 - This exercise relates to the Double Diamond Skis’...Ch. 4 - Clopack Company manufactures one product that goes...Ch. 4 - Clopack Company manufactures one product that goes...Ch. 4 - Clopack Company manufactures one product that goes...Ch. 4 - Clopack Company manufactures one product that goes...Ch. 4 - Clopack Company manufactures one product that goes...Ch. 4 -
Clopack Company manufactures one product that...Ch. 4 -
Clopack Company manufactures one product that...Ch. 4 -
Clopack Company manufactures one product that...Ch. 4 - Clopack Company manufactures one product that goes...Ch. 4 - Prob. 10F15Ch. 4 - Prob. 11F15Ch. 4 - Prob. 12F15Ch. 4 -
Clopack Company manufactures one product that...Ch. 4 - Prob. 14F15Ch. 4 - Prob. 15F15Ch. 4 - Prob. 1ECh. 4 - Prob. 2ECh. 4 - Prob. 3ECh. 4 - EXERCISE 4-4 Assigning Costs to...Ch. 4 - EXERCISE 4-5 Cost Reconciliation...Ch. 4 - Prob. 6ECh. 4 - Prob. 7ECh. 4 - Prob. 8ECh. 4 -
EXERCISE 4-9 Equivalent Units and Cost per...Ch. 4 - Prob. 10ECh. 4 - Prob. 11ECh. 4 - Prob. 12ECh. 4 - Prob. 13PCh. 4 - Prob. 14PCh. 4 - Prob. 15PCh. 4 - PROBLEM 4-16 Comprehensive...Ch. 4 - Prob. 17PCh. 4 - Prob. 18PCh. 4 - Prob. 19CCh. 4 - (
CASE 4-20 Ethics and the Manager, Understanding...
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- A42 ☑✓ fx A 1 TASK 2 Name data to proper case 3 Number of characters in a text string 4 Find first 4 characters of a text string B C D E FUNCTION TO LEARN DATA PRACTICE FORMULAS PROPER hayden anderson #N/A LEN Hayden #N/A LEFT Anderson #N/A RIGHT Anderson #N/A MID Hayden #N/A CONCAT C3 and C4 #N/A CONCAT C3 and C4 #N/A C3 and C4 #N/A 51085 4033 #N/A #N/A handerson@nowhere.edu handerson@nowhere.edu #N/A #N/A 5 Find final 3 characters of a text string 6 Get three characters from a text string starting on the third character 7 Concatenate (bring together) text strings 8 Concatenate (bring together) text strings adding a space, 9 Concatenate (with space) using ampersands 10 Convert a number (like a zip code) to text "" 11 Convert a number (like a zip code) to text adding back leading zero 12 Search for the location of the text string "@" within an email address 13 Split off username from email address. Hint: search for @ symbol 14 TEXT TEXT SEARCH LEFT and SEARCH 15 Raw name data Zip Codes…arrow_forwardIncome from operations for Division M is $275,000, total service department charges are $350,000, and operating expenses are $2,600,000. What are the revenues for Division M?arrow_forwardCan you solve this general accounting question with accurate accounting calculations?arrow_forward
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