Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Direct Materials Conversion Units Completed and transferred out 80,000 80,000 Units in Ending Work in Process: Direct Materials (12,000 * 100%) 12,000 Conversion (12,000 * 70%) 8,400 Equivalent Units of Production 92,000 88,400 Cost per Equivalent Unit Costs of beginning work in process $ 43,000 $ 63,200 Costs incurred this period 144,000 193,600 Total costs $ 187,000 $ 256,800 Cost per equivalent unit $ 2.03 per EUP $ 2.90 per EUP The total conversion costs transferred out of the Canning Department equals: Multiple Choice 1. $256,360. 2. $256,800. 3. $193,600. 4. $187,000. 5. $232,000.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Direct ...” 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
Why does the agricultural price supports are inconsistent with free-market principles?
Answers (2)
Free blacks in the United States: a. could testify in court and vote in most states but could carry firearms only with the approval of the local sheriff. b. sometimes became wealthy enough to own slaves. c.
Answers (1)
Who sells dragon scales? Ya know like the ones ya put on chainmail. I need to know like soon.
Answers (1)
If you make a mistake on a job application you should
Answers (2)
According to CEO Heidi Ganahl, Camp Bow Wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand.
Answers (1)
New Questions in Business
A what type of budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year
Answers (1)
Barton Industries has operating income for the year of $3,500,000 and a 36% tax rate. Its total invested capital is $20,000,000 and its after-tax percentage cost of capital is 8%. What is the firm's EVA?
No Answers
Rob purchased a standard whole life policy with a $500,000 death benefit when he was age 30. his insurance agent told him the policy would be paid up if he reached age 100. the present cash value of the policy equals $250,000.
Answers (1)
On June 1, Davis Inc. issued an $84,000, 5%, 120-day note payable to Garcia Company. Assume that the fiscal year of Garcia ends June 30.
Answers (2)
You invest $50,000 now and receive $10,000 per year for 15 years starting at the end of the first year.
Answers (1)