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please solve 4b.- 5d. correctly. all parts answered and done as aaked! will thumbs up if all parrs are correct! thanks! 4C. The cost of
please solve 4b.- 5d. correctly. all parts answered and done as aaked! will thumbs up if all parrs are correct! thanks!
4C. The cost of poods (servicns) transferred out is the unit cost multiplied by the units completed. The cost of Ewip is the unit cost multiplied by the equivalent units found in EWIP. The partially completed units and all their associated costs are transferred to the next process (department) by debiting the WhP account of the process (department) receiving the unit and crediting the WIP account of the transferring process (department). 5. Suppose the ptant manager asked the following questions: a. What is the actual cycle time for the conversion cost output for the plate subassembly (round to four decimal places)? x houn per unit b. What is the conversion cost rate for the first quartec, using total conversion costs and total time (round to the nearest cent)? x per hour C. What is the conversion cost per unit, using duration based costing (round to the nearest cent)? x d. According to production engineering, If efficiency were increased to an ideal level, then the cycle time should be 0.20 hours. If this were to oceur, what would the cost per plate be? (round to the nearest cent)? x Identify the data analyoc types (descriptive, diagnostic, predictive, or prescriptive) that apply to parts a. through d. (see Exhibit 2.5 and Exhibit 2.6 for a review of data analytic metrics). Note: More than one data analytic type might apply. The first three calculations are in nature. The last calculation has elements of x 4C. The cost of poods (servicns) transferred out is the unit cost multiplied by the units completed. The cost of Ewip is the unit cost multiplied by the equivalent units found in EWIP. The partially completed units and all their associated costs are transferred to the next process (department) by debiting the WhP account of the process (department) receiving the unit and crediting the WIP account of the transferring process (department). 5. Suppose the ptant manager asked the following questions: a. What is the actual cycle time for the conversion cost output for the plate subassembly (round to four decimal places)? x houn per unit b. What is the conversion cost rate for the first quartec, using total conversion costs and total time (round to the nearest cent)? x per hour C. What is the conversion cost per unit, using duration based costing (round to the nearest cent)? x d. According to production engineering, If efficiency were increased to an ideal level, then the cycle time should be 0.20 hours. If this were to oceur, what would the cost per plate be? (round to the nearest cent)? x Identify the data analyoc types (descriptive, diagnostic, predictive, or prescriptive) that apply to parts a. through d. (see Exhibit 2.5 and Exhibit 2.6 for a review of data analytic metrics). Note: More than one data analytic type might apply. The first three calculations are in nature. The last calculation has elements of x Step by Step Solution
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