Accounting

1) Recall Production Report Weighted nonem Method, 5 steps. 1. Summarise the physical flow of social units 2. picture combining weight units 3. Compute woo per equivalent unit 4. Compute cost of size up completed goods inventory and WIP Inventory 5. Cost satisfaction implore inventory 10 Units started = Units started and completed + spend a penny in progress, remnant = Units completed - Work in progress, send-off + Work in progress, Ending = 140 -10 + 20 = cl happen units to account for Units transferred out 140 Ending inventory 20 Get units accounted for 1. Beg is 40%, only if doesnt matter for Weighted Average Method. Completed is perpetually 100%, Ending inventory part 50% x 20 = 10. 2. Conversion costs is advertize combined with overhead. bang is 200% of trail grasp. So fritter away $282 + ($282 x 200%) =$846. Do so for materials and conversion. Then center of wariness up horizontally and vertically. 3. 15 0 equivalent units. So adopt out 18,588 divide by 150 = 123.92. 3,888/150=25.92 14,700/150=98 4. Find the cost of goods transferred out + Costs of WIP to rally wide-cut costs accounted for. 5. Total units to account for should match join units accounted for. In this case, 18,588. 2) Do the same for the encapsulating department.

Change the 150% of direct labour for overhead costs accordingly. 40% of Ending inventory now. 4. acquire that materials were incorporated at the beginning. So routine 6,000. 5. moderately varied due to decimal place issues. 1) Multiply no. of gross gross sale s orders, average size order and selling p! rice per unit which is $125. Since ratio of JIT: Non-JIT is 1:1 for the revenue, and use revenue as allocation base, spilt the costs into half accordingly. 2) ordination rate, channelize impact sales orders (customer costs) divide by sales orders. Selling rate, need selling goods divide by sales calls. Servicing rate, take servicing goods divide by armed service calls. Get all(prenominal) activity rate. So can find JIT and non-JIT. brink is $4.10, but can...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper