Zink Company uses the weighted average method for process costing. The cost per equivalent unit for direct materials is $5.00. The cost per equivalent unit for conversion cost is $3.00. The company completed and transferred out is 40,000 units. The equivalent units of ending work-in-process for materials is an additional 3,000 units, for conversion is an additional 2,000 units. What is the total cost accounting for conversion?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Zink Company uses the weighted average method for process costing. The cost per equivalent unit for direct materials is $5.00. The cost per ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When working on group writing projects, teams should use version control software to?
Answers (2)
Mercury Corporation issued 7,000 shares of no-par common stock for $15 per share. Mercury also issued 2,800 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share. Required a. Record these events in a horizontal statements model.
Answers (2)
Olaf, an executive with pharma product distribution, inc., has to decide whether to market a product that might have undesirable side effects for a small percentage of users.
Answers (1)
Congress would like to increase tax revenues by 17 percent. assume that the average taxpayer in the united states earns $52,000 and pays an average tax rate of 20 percent. a.
Answers (1)
Your friend is trying to decide what carreer to pursue after college but cannot make up his mind because he's confused by the number of possible options and the seemingly unpredictable nature of his own interests.
Answers (1)
New Questions in Business
Whenever marginal cost is greater than average total cost, A. average total cost is rising. B. marginal cost is falling. C. average total cost is falling. D. Both b and c are correct.
Answers (1)
A parcel delivery company delivered 103,225 packages last year, when its average employment was 85 drivers. This year the firm handled 112,260 deliveries with 92 drivers.
Answers (1)
Currency is? A. an adjective for current economic news B. Stocks and bonds C. paper bills and coins D. government-issued bank checks.
Answers (1)
An adjustment for Prepaid Rent would indicate the amount a. originally paid. b. expired. c. on hand. d. of the trial balance.
Answers (1)
What are the benefits of doing business in other countries?
Answers (1)