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At Davide Corporation,direct Materials Are Added at the Beginning of the Process

question 104

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At Davide Corporation,direct materials are added at the beginning of the process and conversions costs are uniformly applied.Other details include:  WIP bepinging (60% for conversion)  17,500 units  Units started 114,500 units  Units campleted and transferred aut 111,700 units  WIP ending (30% far canversion)  20,300 units  Bepinging WIP direct materials $22,300 Bepinging WIP canversion costs $19,700 Costs of materials added $370,000 Costs of conversion added $280,000\begin{array} { | l | r | } \hline \text { WIP bepinging (60\% for conversion) } & 17,500 \text { units } \\\hline \text { Units started } & 114,500 \text { units } \\\hline \text { Units campleted and transferred aut } & 111,700 \text { units } \\\hline \text { WIP ending (30\% far canversion) } & 20,300 \text { units } \\\hline \text { Bepinging WIP direct materials } & \$ 22,300 \\\hline \text { Bepinging WIP canversion costs } & \$ 19,700 \\\hline \text { Costs of materials added } & \$ 370,000 \\\hline \text { Costs of conversion added } & \$ 280,000 \\\hline\end{array}
- What are the total equivalent units for direct materials?


Definitions:

Imports

Goods or services brought into one country from another for the purpose of being sold or used, contributing to the domestic supply of products.

Trade Deficit

Occurs when a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

Net Capital Outflow

Disparity in investment activities, with locals buying assets internationally, in contrast to foreigners buying domestically.

Net Exports

The net amount obtained by subtracting a nation's total imports from its total exports.

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