accounting questions - four need explaination in excel, as I already have the answers.
robert_H
Shaulter Corporation uses a process cost accounting system. Given the following data, compute the number of units transferred out during the current period.
Beginning work in process 12,000 units (1/2 complete)
Ending work in process 15,000 units (1/3 complete)
Started into production 80,000 units
65,000
75,000
77,000
80,000
2, Guerry Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period.
Estimated annual overhead cost $600,000
Actual annual overhead cost $575,000
Estimated machine hours 150,000
Actual machine hours 140,000
$560,000 applied and $15,000 underapplied
$600,000 applied and $15,000 overapplied
$560,000 applied and $15,0000 overapplied
$575,000 applied and neither under- nor overapplied
Using the following information for question 3-4
The department adds raw material to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 10,000 units were started into production in January; and there were 4,000 units that were 40% complete in the ending work in process inventory at the end of January. The weighted average method is used.
3. What were the equivalent units of production for materials for the month of January?
7,600 equivalent units
14,000 equivalent units
10,000 equivalent units
4,000 equivalent units
4. What were the equivalent units of production for conversion costs for the month of January?
a. 7,600 equivalent units
b. 14,000 equivalent units
c.10,000 equivalent units
d. 11,600 equivalent units
I need the answers in excel showing the calculations as the teacher already gave the answers and I have bold font them.
- 8 years ago
- 20
Purchase the answer to view it
- explanations.xlsx
- Core Values The Foundation of Leadership Bus210 Week 6 Job Fair (answer attached)
- Rehabilitation Test (biology) Right Now
- What is a business’s obligation to build an ethical culture
- An investor is thinking about buying some shares of Computer Engines, Inc., at $60 a share. She expects the price...
- SQL Oracle Help
- Pickert Real Estate Agency
- main idea
- Managerial accounting_20 MCQs
- This is only for Bruce Wayne
- ECO372