Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1. 2. wilson tech's production cost data for

1. 2. Wilson Tech's production cost data for the current...

50.1K

Verified Solution

Question

Accounting

1. image
2.
image
Wilson Tech's production cost data for the current period is: Materials are entered at the beginning of the process. The Ending Work-in-Process units are 40% complete as to conversion costs. Using the FIFO method, what are the equivalent units of production for conversion costs? 12,280 units. 9,800 units. 16,000 units. 6.200 units. Sutton Enterprises makes gadgets using a two-step process that involves machining first and assembly second. Sutton adds all direct materials at the beginning of the production process. Conversion occurs uniformly throughout the process. During the period, the Assembly Department completed 10,200 gadgets and transferred them out. Of the 10,200 gadgets completed, 2,000 were 70% complete at the beginning of the period. In addition, Sutton had 2,600 units in process that were 65% complete at the end of the period. Using the weighted-average method, what are the equivalent units of production for conversion costs in Assembly? 9,710 gadgets 10,490 gadgets 11,890 gadgets 9,490 gadgets

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

write 2000 words about OSI model and TCP/IP model

Electrical Engineering
Q

A study might compare the rates of microbiologic cure of three different antibiotics used for urinary...

Basic Math
Q

SawPro Company, owned and operated by Heather Moore, opened for business in 2015. The company sells...

Accounting
Q

Kingbird Corporation was organized on January 1, 2017. It is authorized to issue 9,600 shares of...

Accounting
Q

During translation which step occurs immediately after the ribosome finds the start codon on mRNA...

Biology
Q

What is your plan for keeping yourself motivated and persistent throughout this semester in this...

Biology
Q

41 48 Functions with roots Determine the interval s on which the following functions are...

Calculus
Q

imply the integral that gives the arc length of the following curve on the given...

Calculus
Q

Line 24 account type should be Expense, financial statement should be Profit and Loss

Accounting
Q

How do dividends in arrears on cumulative preferred stock appear in the financial statements? Group...

Accounting
Q

What is the nominal rate of return on an IBM bond if the real rate...

Finance
Q

1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a...

Accounting