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please help for accounting Wilco Inc. uses departmental overhead rates to allocate MOH. Wilco's fabrication department allocates MOH based on machine hours, while Wilco's assembly
please help for accounting
Wilco Inc. uses departmental overhead rates to allocate MOH. Wilco's fabrication department allocates MOH based on machine hours, while Wilco's assembly department allocates MOH based on direct labor hours. Information for the two departments follow: If Job 3331 uses 500 machine hours (400 in fabrication and 100 in assembly) and 1,500 direct labor hours (250 in fabrication and 1,250 in assembly), how much MOH will be allocated to Job 3331? $8,000 $6,500 $13,500 Some other answer $1,500 Wilco Inc. uses a process costing system with two cost categories (Materials and Conversion). Wilco began the most recent month with 3,000 units in WIP ( 50% complete with regard to materials, 40% complete with regard to conversion). Wilco started 47,000 units during the period and completed 45,000 units. Ending WIP was 60% complete with regard to materials and 50% complete with regard to conversion. What was Wilco's equivalent units for materials? 3,000 50,000 Some other answer 48,500 48,000 Wilco Inc. uses a process costing system with two cost categories (Materials and Conversion). Wilco computed that for the most recent period they had 50,000 equivalent units of materials and 47,500 equivalent units of conversion. Beginning WIP contained $25,000 of material cost and $23,250 of conversion cost. Wilco added $75,000 of materials cost during the period and $93,000 of conversion cost. Given this information, what is the materials cost per equivalent unit? Some other answer $0.50 $3.00 $2.50 $1.50 Step by Step Solution
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