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

Author Question: Big Bernard Corporation was recently formed to produce a semiconductor chip that forms an essential ... (Read 236 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Mar 6, 2021

Question 1

When a company has no opening or ending inventory during the month, the cost per unit is calculated by dividing the total costs incurred in the period by the total units produced during the period.
◦ true
◦ false

Question 2

Big Bernard Corporation was recently formed to produce a semiconductor chip that forms an essential part of the personal computer manufactured by a major corporation. The direct materials are added at the start of the production process while conversion costs are added uniformly throughout the production process. June is Big Bernard's first month of operations, and therefore, there was no beginning inventory. Direct materials cost for the month totaled $950,000, while conversion costs equaled $4,625,000. Accounting records indicate that 475,000 chips were started in June and 425,000 chips were completed.

Ending inventory was 50% complete as to conversion costs. 

Required:
a.What is the total manufacturing cost per chip for June?
b.Allocate the total costs between the completed chips and the chips in ending inventory. 
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 OSWALD on Mar 6, 2021

Anton

  • Sr. Member
  • ****
  • Posts: 302
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 32% of students answer this correctly


Ahmadullah Memon

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Apr 10, 2021
thank you


« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

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?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Three principle forms of natural selection: (a) stabilizing selection, (b) directional selection, an Three principle forms of natural selection: (a) stabilizing selection, (b) directional selection, an
Claude Bernard Claude Bernard
Structures of (a) free and (b) DNA-bound forms of BamHI, with DNA shown end-on, in orange Structures of (a) free and (b) DNA-bound forms of BamHI, with DNA shown end-on, in orange
Bt corn has been genetically engineered to produce a protein Bt corn has been genetically engineered to produce a protein
Diagrams a mitotic chromosome, showing how chromatin is condensed to produce it Diagrams a mitotic chromosome, showing how chromatin is condensed to produce it
Gene products that are essential to mitochondrial function Gene products that are essential to mitochondrial function
Video: Protein catabolism - deamination

For a complete list of videos, visit our video library