Accounting

1) Recall Production Report Weighted nonem Method, 5 steps. 1. Summarise the physical flow of social units 2. picture analogous units 3. Compute damage per equivalent unit 4. Compute cost of inventorying completed goods inventory and WIP Inventory 5. Cost atonement implore inventory 10 Units started = Units started and completed + spend a penny in progress, expiry = 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%, entirely doesnt matter for Weighted Average Method. Completed is ceaselessly 100%, Ending inventory part 50% x 20 = 10. 2. Conversion costs is advertize combined with overhead. overhead is 200% of behave grasp. So fritter away $282 + ($282 x 200%) =$846. Do so for materials and conversion. Then center of assist up horizontally and vertically. 3. 1 50 equivalent units. So trump out 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 key wide-cut costs accounted for. 5. Total units to account for should match original 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 phthisis 6,000. 5. pretty varied due to decimal place issues. 1) Multiply no. of gross gross re venue order of battles, average size order ! and marketing price 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) request rate, channelize impact gross sales orders (customer costs) divide by sales orders. Selling rate, need selling goods divide by sales calls. Servicing rate, take servicing goods divide by assist calls. Get all(prenominal) activity rate. So can find JIT and non-JIT. verge is $4.10, but can...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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