This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Outose Concept manufactures small tables in its Processing Department. Direct materials are added at ... (Read 57 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Mar 6, 2021
Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to undetectable materials defects. Inspection occurs when units are 55% converted. Spoiled units generally constitute 5% of the good units. Data for December 2017 are as follows:

WIP, beginning inventory 12/1/201722,900 units
 Direct materials (100% complete)
 Conversion costs (75% complete)
Started during December76,800 units
Completed and transferred out 12/31/201772,000 units
WIP, ending inventory 12/31/201719,000 units
 Direct materials (100% complete)
 Conversion costs (70% complete)

Costs for December:
 WIP, beginning Inventory:
Direct materials$156,000
Conversion costs77,400
Direct materials added232,400
Conversion costs added293,000

What is the amount of direct materials and conversion costs assigned to ending work in process using the weighted-average process-costing method? (Round any cost per unit calculations to the nearest cent.)
◦ $40,484; $49,644
◦ $74,860; $51,870
◦ $74,100; $52,402
◦ $156,293; $12,620
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jCorn1234 on Mar 6, 2021

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Mar 6, 2021
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 59% of students answer this correctly


jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Mar 6, 2021
Gracias!

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

When working with the patient with impaired hearing, the interpreter needs to direct questions to th When working with the patient with impaired hearing, the interpreter needs to direct questions to th
Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision
Tubal ligation. To minimize the size of the incisions necessary, laparoscopic surgery may be used to Tubal ligation. To minimize the size of the incisions necessary, laparoscopic surgery may be used to
Primary visual processing areas (blue) in (a) human (lateral and mesial views) and (b) chimpanzee. Primary visual processing areas (blue) in (a) human (lateral and mesial views) and (b) chimpanzee.
Inflammation of the oropharynx and petechiae (small red spots) on the soft palate caused by strep ... Inflammation of the oropharynx and petechiae (small red spots) on the soft palate caused by strep ...
The Small Intestine: A Huge Surface for Digestion & Absorption The Small Intestine: A Huge Surface for Digestion & Absorption
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library