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 53 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
Thanks for the timely response, appreciate it


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

For a complete list of videos, visit our video library