Examlex

Solved

Selected Production and Cost Data of Rivera Manufacturing Company Follow

question 84

Essay

Selected production and cost data of Rivera Manufacturing Company follow for June:
Selected production and cost data of Rivera Manufacturing Company follow for June:     On June 30,the Mixing Department's ending Work-in-Process Inventory was 80% complete for materials and 40% complete for conversion costs.The Finishing Department's ending Work-in-Process Inventory was 75% complete for materials and 60% complete for conversion costs.The weighted-average method is used. Requirements: 1.Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. 2.Compute the equivalent units of production for transferred in costs,direct materials,and conversion costs for the Finishing Department.
On June 30,the Mixing Department's ending Work-in-Process Inventory was 80% complete for materials and 40% complete for conversion costs.The Finishing Department's ending Work-in-Process Inventory was 75% complete for materials and 60% complete for conversion costs.The weighted-average method is used.
Requirements:
1.Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department.
2.Compute the equivalent units of production for transferred in costs,direct materials,and conversion costs for the Finishing Department.


Definitions:

Temperament Characteristics

Inherent traits that determine an individual's emotional responses and behavioral patterns.

"Easy" Babies

Infants who have a calm temperament, adapt easily to routines and situations, and generally respond well to caregiving.

Labor-Intensiveness

The characteristic of requiring a high amount of manual labor input relative to other inputs like machinery or capital.

High-Maintenance

Refers to things or people requiring a lot of time, attention, or money.

Related Questions