Please show your computations using good accounting form through excel. Thank you!Problem: Average with Lost UnitsWhat should be the accumulated cost of work in process as of October 31 if the normal loss occured during the process (with adjustment for lost units) based on the remaining good units? Problem 4The Salty Mfg. Co. operates three producing departments, A, B and C. It uses theweighted average costing method. The following data are on the production ofDepartment B for October, 2021:Added in Department BTransferMaterialsConversionUnitsIn(In pesos) Cost (PhP)In process, Oct. 1Received from Department ATotal5,00020,00025,00019,000(in Pesos)9,99039,0101,02021,85599821,877Transferred outNormal Loss1,000Abnormal loss500In process, Oct. 31Factory costs are applied evenly throughout the process. Beginning work inprocess was 20% done while ending work in process is % done. Abnormal lossoccurred at the end of the process. What should be the accumulated cost of workin process as of October 31 if the normal loss occurred during the process (withadjustment for lost units based on the remaining good units?4,500

Answered: Image /qna-images/answer/b28229d3-9b85-47b3-a182-a225ad348faf.jpg

lease show your computations using good accounting form through excel. Thank you! Problem: Average with Lost Units What should be the accumulated cost of work in process as of October 31 if the normal loss occured during the process (with adjustment for lost units) based on the remaining good units?

lease show your computations using good accounting form through excel. Thank you! Problem: Average with Lost Units What should be the accumulated cost of work in process as of October 31 if the normal loss occured during the process (with adjustment for lost units) based on the remaining good units?

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

See similar textbooks

Similar questions

Scatter Diagrams and High-Low Cost Estimation From April 1 through October 31, Coles County Highway Department hires temporary employees to mow and clean the right-of-way along county roads. The County Road Commissioner has asked you to help her in determining the variable labor cost of mowing and cleaning a mile of road. The following information is available regarding current-year operations: Miles Mowed Labor Month and Cleaned Costs April 240 S6,800 May 305 7,680 June 325 8,310 July 275 7,200 August 220 6,550 September 200 5,760 Оctober 75 4,960 Use the information from the high- and low-volume months to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 3,955 v + $ 13.4 v X Plot the data on a scatter diagram. Using the information from representative high- and low volume months, use the high-low method to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 9,181 x + $ 13.4 x x Adjust the equation developed in…
y) Consider the Prodluction function Below. For each state amd Poove whe ther it is Constamt/incieasing fdecreasing returns to Scale. (a) F(K,L). k" L'n (b) F(K,L) = min (uk , 2L) +30 (C) F(K,L) = 4k + 3L (c) F(K.L)-
- Student Portal MyCC & CC Ema X 2ECON100C Assignment 1: Attem X i mycc.coquitlamcollege.com/mod/quiz/review.php?attempt-203068&cmid 143217 Harveer Kaur Bran MYCC MyCC Library CC Student Portal English (en) 1.00 Peducton 15 P Flag question 14 ronter 12 6 Coll phones (millons per year) Cell phones (milllons) 3 4 DVDS (millons) 15 14 12 9 5 Possibiity D The figure above shows a production possibilities frontier. In the figure, when the economy moves from point E to point D, what is the opportunity cost of a DVD? Select one: ENG US
Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data: Variable costs (per unit) ($) Process type Annualized fixed cost labor material energy Of plant & equip. Intermittent $1,000,000 24 26 20 Mass customization $1,190,000 30 18 12 Repetitive $1,385,000 28 15 11 Continuous $1,660,000 25 15 10 Determine the most economical…
please discuss this statement “Thw technical pattern that statistically significant could be economically insignificant.”
A plant operation has fixed costs of $1771001 per year, and its output capacity is 116606 electrical appliances per year. The variable cost is $38 per unit, and the product sells for $93 per unit. a.What is the break-even point in terms of units?
APPLICATION • Alta Production, Inc., is using the account analyis approach to identify the beharior of production costs for a month in which it prodaced 350 units. The production manager was asked to review these costs and provide her best guess as to how they should be catevorized. She resoonded with the followine information: Tetal fe) S270,000 134,000 101.000 $507.000 Variable (e) S270,000 130,000 100,000 3500.000 Fixed Materials used in production Labor used in production Production facility costs Total production cost 4.000 3.000 37.000 • Alta Production, Inc., reported the following production costs for the 12 months January through December. Reporting Period (Month) Total Production Costs Level of Activity (Units Produced) January $460,000 300 February 300,000 220 March 480,000 330 Аpril 550,000 390 570,000 310,000 May 410 June 240 July 440,000 290 August 455,000 320 September 530,000 380 250,000 150 October November 700,000 450 December 490,000 350
SQ-08: What will be the company's profit if it can sell 8,000 metric tons at a price of BDT 250,000/metric tons ? * Modern Bricks: Output and Costs Cost (BDT Total Cost Crore) 150 crore Variable cost 100 crore Fixed Cost {50 crore} Output Sales 0/0 4K MT 8K MT
Q.(i) . Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate:(a) Sales to earn profit of Rs. 8000.(b) Also show the BEPs in Breakeven chart. Q.(ii). Use the following information and explain that how the reduction in selling pricewould affect the MOS?Particulars Rs.Selling price per unit 40Material per unit 12Labour per unit. 8Variable Overheads per unit 4Total Fixed cost is Rs. 8, 000. Full capacity of the Plant is 5, 000 units.Reduced selling price is Rs. 32 per unit.
S LO 20 # 3 PRICE (Dollars per hot dog) 5. History Bookmarks People Tab Window Help 令) 71% Mind Tap - Cengage Learning /index.html?deploymentld%359828119415547787292595253&elSBN=9780357133606&id%3D1069413986&snapshotid%-D2211990& * CENGAGE MINDTAP Q Search this course Homework (Ch 15) 5. Monopoly outcome versus competition outcome Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power. The following graph shows the demand (D) and supply (S = MC) curves in the market for hot dogs. %3D Place the black point (plus symbol) on the graph to indicate the market price and quantity that will result from competition. Competitive Market +. 4.5 PC Outcome 3.5 3.0 2.5 S=MC 1.5 0.5 D. 120 140 160 180 09 QUANTITY (Hot dogs) 40 PI MacBook Air DA DD F8 F6 F5 F4 F2 %24 6. 7. 8. 9- 4. 2.
Small and medium sized contractors are most likely to keep ony____on staff
A furtiture manufacturer company has gathered the cost information for its production process in one of its product line during April, which in presented as follows Cost Item Classification Cost Factory supervinor salary Fixed $14,550 per month Lomber (direct materiala) Variable $108,000 total Production worker rages Variable 514.00 per hour Machine Depreciation Tariable 51,800 total Lease on factory Fixed 59.000 per month During April, the company manufactured 2,000 units using 1,800 labor bours. Based this information, the estimated total cost of producing 2,500 units during the upcoming month is elosest to: OA $208,000 OB. SI72.250 OC S208,000 OD S202,250 OE S166,400