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 222 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?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Wearing safety equipment is essential at all ages Wearing safety equipment is essential at all ages
Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot
Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu
Umberto Boccioni, Unique Forms of Continuity in Space. Umberto Boccioni, Unique Forms of Continuity in Space.
Peptide bond as resonance hybrid of two forms Peptide bond as resonance hybrid of two forms
Cofactors, Vitamins, and Essential Metals Cofactors, Vitamins, and Essential Metals
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library