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no need for explanation just answers pls Panther Corporation has two sequential processing departments Assembly and Shaping: The Shaping Department reports the following information, Conversion
no need for explanation just answers pls
Panther Corporation has two sequential processing departments Assembly and Shaping: The Shaping Department reports the following information, Conversion costs are applied evenly throughout the process. 10,000 Beginning WIP Inventory units Transferred-in costs in beginning WIP Inventory $110,200 Direct materials costs in beginning WIP Inventory $24,500 Conversion costs in beginning WIP Inventory $22.750 57.000 Units transferred-in units Transferred-in costs $546,300 Units completed 52,000 Costs added: direct materials $167,120 Costs added: conversion costs $245,570 15,000 Ending WIP Inventory units |(40% complete for materials and 10% complete for conversion) What is the total number of equivalent units for conversion costs? A hair product manufacturer offers the following information: WIP Inventory, January 1 O units 35,600 Units started units Units completed and transferred out 9200 units 26,400 WIP Inventory, December 31 units Direct materials $280,480 Direct labor $579,000 Manufacturing Overhead $335,920 The units in ending WIP Inventory were 60% complete for materials and 40% complete for conversion costs. What is the total cost of units in ending WIP? (Round intermediate calculations to the nearest cent and the final answer to the nearest dollar.) $1,222,374 $733,429 $488,928 $666,336 At Roarie Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: 21,200 WIP beginning (70% for conversion) units 150,000 Units started units 113,000 Units completed and transferred out units 58,200 WIP ending (50% for conversion) units Beginning WIP direct materials $47,200 Beginning WIP conversion costs $28,200 Costs of materials added $436,100 Costs of conversion added $268,000 What is the total cost of units completed and transferred out? (Round intermediate calculations to the nearest cent and the final answer to the nearest dollar.) O $677,395 O $500,964 O $736,119 O $553,700 CSC Manufacturing has budgeted the following amounts for its next fiscal year Total fixed expenses $435.000 Selling price per unit $70 Variable expenses per unit $30 To maintain the original breakeven sales in units if fixed expenses were to increase by 10%, the selling price per unit would have to be o decreased by 5.71%. o increased by 20.00%. O decreased by 20.00%. o increased by 5.71% Step by Step Solution
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