Anticipated unit sales for January are 5,000; sales for February are 6,000; and sales for March are 8,000. Finished goods are consistently maintained at 70% of the following month’s sales. If units cost $8 each to produce, how much is February’s total cost of production? Looking for a Similar Assignment? Order now and Get […]
Total production of 1,000 units of finished goods required 3,000 actual hours at $12 per hour. The standard is 3 hours per unit of finished goods, at a standard rate of $11.50 per hour. Which of the following statements is true? The labor efficiency variance is $1,400 unfavorable The labor rate variance is $1500 unfavorable […]
If beginning work in process was 600 units, 1,000 additional units were put into production, and ending work in process was 400 units, how many units were completed? Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”
Grande Company had no beginning inventory and adds all materials at the very beginning of its only process. Assume 9,000 units were started, and 5,000 units completed. Ending work in process is 60% complete. The cost per equivalent unit of material is __________. Looking for a Similar Assignment? Order now and Get 10% Discount! […]
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