This topic contains a solution. Click here to go to the answer

Author Question: Samantha's Office Supplies manufactures desk organizers in its Processing Department. Direct ... (Read 60 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
Samantha's Office Supplies manufactures desk organizers in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection takes place as units are placed into production. After inspection, some units are spoiled due to undetectable material defects. Spoiled units generally constitute 5% of the good units. Data provided for February 2017 are as follows:

WIP, beginning inventory 2/1/201751,600 units
 Direct materials (100% complete)
 Conversion costs (50% complete)

Started during February170,400 units
Completed and transferred out181,000 units
WIP, ending inventory 2/28/201726,300 units
 Direct materials (100% complete)
 Conversion costs (30% complete)

Costs:
 WIP, beginning inventory:
Direct materials$280,300
Conversion costs80,100
Direct materials added408,500
Conversion costs added264,900

What are the total costs of all the units that were started during February and subsequently shipped before the end of the period? (Round any cost per unit calculations to the nearest cent.)
◦ $605,673
◦ $503,366
◦ $560,549
◦ $397,248


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CQXA on Mar 6, 2021

courtney_bruh

  • Sr. Member
  • ****
  • Posts: 308
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




CQXA

  • Member
  • Posts: 546
Reply 2 on: Mar 6, 2021
Excellent


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library