Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 3,400 units in inventory, 70% complete as to materials. During the month, the molding department started 25,000 units. At the end of the month, the molding department had 5,100 units in ending inventory, 80% complete as to materials. Units completed in the molding department are transferred into the packaging department. Cost information for the molding department for the month follows:Beginning work in process inventory (direct materials) $ 2,600Direct materials added during the month 41,900Using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (Round "cost per equivalent unit of production" to 2 decimal places.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
For state residents interest on most bonds issued by their state government is
Answers (1)
Total fixed costs for Toys and Trinkets Incorporated are $ 86 comma 000. Total costs, including both fixed and variable, are $ 195 comma 000 if 272 comma 000 units are produced.
Answers (1)
On Feb. 1, 2018, the board of directors of X Corp. declares a dividend of $2 per share to shareholders of record as of March 1, 2018, payable as of April 1, 2018. Taxpayer-A transfers 200 shares to Taxpayer-B by gift on Jan.
Answers (1)
Multi-tasking skills are important for which role, as they are often dealing with multiple issues at once in a business environment A. designers B. construction engineers C. secretaries
Answers (1)
What are some careers that involve the field of science
Answers (1)
New Questions in Business
What are the order of in which management can take legal action against a employee
Answers (1)
What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.
Answers (1)
JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.
Answers (1)
Sykora, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $12,000,000 and total direct labor hours to be 320,000 hours. Calculate Sykora's predetermined overhead rate.
Answers (1)
Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively.
Answers (1)