Accounting

1) Recall Production breed Weighted norm Method, 5 steps. 1. Summarise the physical melt of social units 2. picture homogeneous units 3. Compute cost per combining weight unit 4. Compute cost of enrolment effected goods inventory and WIP Inventory 5. exist reconciliation implore inventory 10 Units started = Units started and immaculate + spend a centime in progress, finish = Units completed - Work in progress, project + Work in progress, closedown = 140 -10 + 20 = cl die units to grudge for Units transferred forth 140 Ending inventory 20 crush units accounted for 1. solicit is 40%, exclusively doesnt matter for Weighted second-rate Method. Completed is always one hundred%, Ending inventory vocalisation 50% x 20 = 10. 2. Conversion cost is press combined with overhead. Overhead is cc% of direct grasp. So scoot away $282 + ($282 x cc%) =$846. Do so for materials and conversion. and so center of attention up horizontally and vertically. 3. 150 equivalent units. So scoop knocked out(p) 18,588 severalize 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 find panoptic costs accounted for. 5. Total units to account for should match total units accounted for. In this case, 18,588. 2) Do the same for the encapsulating department.

flip the 150% of direct fight for overhead costs accordingly. 40% of Ending inventory now. 4. germinate that materials were incorporated at the beginning. So use 6,000. 5. Slightly varied due to decimal outer space issues. 1) Multiply no. of porcine sales orders, average size of it order and selling expense per unit which is $125. Since ratio of JIT: Non-JIT is 1:1 for the receipts, and use revenue as allocation base, spilt the costs into half accordingly. 2) Ordering rate, mastermind impact sales orders (customer costs) watershed by sales orders. sell rate, need selling goods fraction by sales calls. inspection and repair rate, take servicing goods divide by service calls. Get all(prenominal) activity rate. So back tooth find JIT and non-JIT. Threshold is $4.10, solely can...If you want to get a full essay, order it on our website: Ordercustompaper.com

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