Thomas Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 10,000 units in its beginning work in process inventory that were 30% complete with respect to  conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 60,000 units were started into production during the month. A total of 51,000 units were completed and transferred out to the next department. There  were 19,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $380,060 in conversion costs were incurred in the department during the month.   What would be the cost per equivalent unit for conversion costs for the month? (Round your answer to three decimal places.)                       

With respect to a fixed cost, an increase in the activity level within the relevant range results in:

Sumptuous Beer Company manufactures beer in two departments, Fermenting and Bottling. In the Fermenting Department, ingredients are placed in a large vat and fermented for three days. The beer is then transferred over to Bottling where it is further purified and bottled. Sumptuous uses a FIFO process cost system to collect costs in both departments. On May 1, the Fermenting Department had 32,000 gallons (units) in process. These gallons were 100% complete with respect to materials (ingredients) and 80% complete with respect to conversion cost. During May, Fermenting started an additional 460,000 gallons into production. On May 31, Fermenting had 18,000 gallons in work in process. These gallons were 100% complete with respect to materials and 60% complete with respect to conversion cost. What are the Fermenting Department’s equivalent units (gallons) of production related to conversion costs for May?  

Salaries of accounts receivable clerks when one clerical worker is needed for every 750 accounts receivable is an example of a:

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 2,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 61,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 18,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?

Equivalent units for a process costing system using the weighted-average method would be equal to:

Hardouin Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $23,320. An additional 97,000 units were started into production during the month and 101,000 units were completed in the Welding Department and transferred to the next processing department. There were 18,000 units in the ending work in process inventory of the Welding Department that were 40% complete with respect to conversion costs. A total of $529,380 in conversion costs were incurred in the department during the month.What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)

Compute the amount of raw materials used during August if $25,000 of raw materials were purchased during the month and the inventories were as follows:     Inventories Balance August 1 Balance, August 31 Raw Materials $5,000 $3,000 Work-in-process $13,000 $16,000 Finished Goods $25,000 $27,000  

Eddy Corporation has provided the following information for the month. The company produces a single product, which sells for $190 each.  No other costs were incurred.   Sales volume (units) 6,000   Direct materials $582,600   Direct labor $136,200   Manufacturing overhead (fixed) $314,700     Contribution margin for the month was:

An order is written for a patient to receive a nebulizer treatment tid. This means the patient will get 4 treatments a day.