Sono Sounds Ltd

question 108

Essay

Sono Sounds Ltd.uses the weighted-average method of process costing.Materials are added at the beginning of the machining process and conversion costs are added evenly throughout the process.The following activity ocurred in its' Machining Department during April.
Units:

Costs:

Required
1.Summarize flow of physical units and compute total equivalent units for three cost categories: transferred-in,direct materials,and conversion costs.
2.Summarize total costs to account for and compute the cost per equivalent unit for each cost category.
3.Assign total costs to (a)units completed and transferred to Finished Goods Inventory and (b)units in April 30 Work in Process Inventory.

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Definitions:

Projective Measures

Psychological assessment tools that involve presenting ambiguous stimuli to subjects, whose responses are believed to reveal their unconscious desires, motives, or conflicts.

Self-Efficacy

An individual’s belief in their own ability to succeed in specific situations or accomplish a task.

Study of Personality

The branch of psychology that focuses on understanding individual differences in behavior, emotion, and thought patterns.

Ethology

The scientific study of animal behavior, often with a focus on behavior under natural conditions.