Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Principles Spring 2019 Process Costing and Cost-Volume-Profft Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per ncon eosts total $120.000. How

image text in transcribed
Principles Spring 2019 Process Costing and Cost-Volume-Profft Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per ncon eosts total $120.000. How many MP3 players must Cunningham sell to a eg a. 20,000. b. 7,000. C. 5,000. d. 6,000. Packaging Deprocessng two departments, the Baking Department and then the ent, before it is completed. Costs transferred out of the Bakin Department will be transferred to: a. Finished Goods Inventory. b. Cost of Goods Sold C. Work in Process-Packaging Department d. Manufacturing Overhead. units for conversion Barnes and Miller Manufacturing is trying to determine the equvalent unts ohvaical units. completion and 32,000 physical units. 9. costs with 10,000 units of ending work in process at 80% here are no beginning units in the department Conversion costs occur evenly throug period? for the current entire production period. What are the equivalent units for conversion costs for the crie a. 42,000. b. 40,000. C. 8,000. d. 30,000. 20,000 units in a process that are 70% complete are referred to as a. 20,000 equivalent units of production. b. 8,000 equivalent units of production. c. 14,000 equivalent units of production. d. 6,000 equivalent units of production 10, 11.Gantner Company had the folowing department intormation about physical units and percentage of completion: work in process, May 1 (60%) 60,000 180,000 50,000 Completed and transferred out work in process, May 31 (40%) If materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May? 240,000 b. 230,000. c. 224,000. d. 200,000 a. Principles Spring 2019 Process Costing and Cost-Volume-Profft Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per ncon eosts total $120.000. How many MP3 players must Cunningham sell to a eg a. 20,000. b. 7,000. C. 5,000. d. 6,000. Packaging Deprocessng two departments, the Baking Department and then the ent, before it is completed. Costs transferred out of the Bakin Department will be transferred to: a. Finished Goods Inventory. b. Cost of Goods Sold C. Work in Process-Packaging Department d. Manufacturing Overhead. units for conversion Barnes and Miller Manufacturing is trying to determine the equvalent unts ohvaical units. completion and 32,000 physical units. 9. costs with 10,000 units of ending work in process at 80% here are no beginning units in the department Conversion costs occur evenly throug period? for the current entire production period. What are the equivalent units for conversion costs for the crie a. 42,000. b. 40,000. C. 8,000. d. 30,000. 20,000 units in a process that are 70% complete are referred to as a. 20,000 equivalent units of production. b. 8,000 equivalent units of production. c. 14,000 equivalent units of production. d. 6,000 equivalent units of production 10, 11.Gantner Company had the folowing department intormation about physical units and percentage of completion: work in process, May 1 (60%) 60,000 180,000 50,000 Completed and transferred out work in process, May 31 (40%) If materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May? 240,000 b. 230,000. c. 224,000. d. 200,000 a

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Evaluating The Effectiveness On Internal Audit Departments

Authors: W. Steve Albrecht, Keith R. Howe, Dennis R. Schueler, Kevin D. Stocks

1st Edition

089413177X, 978-0894131776

More Books

Students also viewed these Accounting questions