Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: Bell Computers, LTD., located in Liverpool, England, assembles a standardized personal computer from parts it purchases from various suppliers. The production process consists of several steps,
starting with assembly of the “mother” circuit board, which contains the central processing unit. This assembly takes place in the CPU Assembly Department. The company recently hired a new accountant who prepared the following partial production report for the department for January using the weighted-average method: Quantity Schedule: Units to be accounted for: Work in process, January 01 10,000 (Materials 90% complete; Conversion 80% complete) Started into production 58,000 Total units 68,000 Units accounted for as follows: Completed and transferred out 60,000 Work in Process, January 31 8,000 (Materials 75% complete; Conversion 50% complete) Total units 68,000 Total Cost: Cost to be accounted for: Work in Process, January 01 £ 26,800 Cost added in the department 175,600 Total cost £ 202,400 Cost Reconciliation: Cost accounted for as follows: Completed and transferred out £ 186,000 Work in Process, January 31 16,400 Total cost £ 202,400 The company’s management would like some additional information about January’s operation in the CPU Assembly Department. (The currency in England is the pound, which is denoted by the symbol “£”.) Required: 1. How many units were stared and completed during January? 2. What were the equivalent units for January for material and conversion costs? 3. What were the costs per equivalent unit for January? The following additional data are available concerning the department’s cost: Particular Total £ Material £ Conversion £ Work in Process, January 01 26,800 18,000 8,800 Cost added during January 175,600 114,000 61,600 4. Verify the accountant’s ending work in process inventory figure (£16,400) given in the report. 5. What criticism can be made of the unit costs that have been computed using weighted –Average Method by the company and which method is superior for computing unit cost under process costing based on your criticism?
A: You might want to look here for some information :
Expert answered|sls23|Points 327|
Question
Asked 1/15/2010 9:22:34 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,639,729 questions answered
Popular Conversations
Suppose the U.S. can produce cars for a lower opportunity cost than ...
Weegy: Suppose the U.S. can produce cars for a lower opportunity cost than Japan while Japan has a comparative ...
2/13/2018 7:30:37 PM| 4 Answers
What's the simplified form of 2x + 3 x + 5? A. x 8 B. ...
Weegy: (2x^2)(3x^2) = 6x4 User: Simplify this expression: 13 + (–12) – (–5) = ? A. –6 B. 6 C. –30 ...
2/12/2018 11:53:02 PM| 3 Answers
Solve this equation: 80 = 3y + 2y + 4 + 1. A. y = 1/5 B. ...
Weegy: 80 = 3y + 2y + 4 + 1 80 = 5y + 5 80 - 5 = 5y -5y = -75 y = 15 User: Solve the inequality: 12p + 7 > 139 ...
2/14/2018 2:20:46 PM| 3 Answers
Solve the equation: 12y = 132. A. y = 11 B. y = 144 ...
Weegy: 12y = 132 User: Solve this equation: 2s + s + 12 = 132. A. s = 40 B. s = –30 C. s = 9 D. ...
2/14/2018 2:32:47 PM| 3 Answers
Write 10 5/12 as an equivalent improper fraction.
Weegy: 10 5/12 in improper fraction form is 125/12. User: Subtract: 8 – 4 1/2
2/15/2018 12:27:39 AM| 2 Answers
Weegy Stuff
S
L
Points 344 [Total 347] Ratings 10 Comments 214 Invitations 3 Offline
S
Points 89 [Total 89] Ratings 0 Comments 19 Invitations 7 Offline
S
P
Points 41 [Total 85] Ratings 1 Comments 31 Invitations 0 Offline
S
P
L
P
P
Points 39 [Total 232] Ratings 0 Comments 39 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
P
R
Points 28 [Total 12639] Ratings 0 Comments 28 Invitations 0 Offline
S
Points 20 [Total 20] Ratings 2 Comments 0 Invitations 0 Offline
S
P
Points 13 [Total 30] Ratings 0 Comments 13 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 5 [Total 5] Ratings 0 Comments 5 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.