Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. just need help with 12 & 13 please! use t

just need help with 12 & 13 please! Use the...

90.2K

Verified Solution

Question

Accounting

just need help with 12 & 13 please!
image
Use the information about Sambava Company to answer the following 4 questions:- Sambava Company has a process costing system. Information about units processed and processing costs incurred during a recent month in the Refining Department follow: The beginning work in process inventory had $10,946 of processing cost attached to it at the beginning of the month. During the month, the Department incurred an additional $289,954 in processing cost. 10. Assuming that the company uses the weighted-average method, what are the equivalent units for processing costs for the Department for the month? A. 94,000 C. 100,000 (B. 100,30094,000100% complete: 11. Assuming that the company uses the weighted-average method, what is the cost per equivalent unit for processing for the month? A. $2.89 B.D.$2.98$3.08 10,940+285754) C. $3.00 (begginming wip + coots added) 12. Assuming that Sambava Company uses the FIFO method, what are the equivalent units for processing costs for the Department for the month? A. 97,300 B. 91,300 C. 94,000 D. 100,300 13. Assuming that Sambava Co uses the FIFO method, what is the cost per equivalent unit of A. $2.89 B. $2.98 C. $3.00 D. $3.09

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A researcher conducted an ANOVA (alpha = .05) between 4 groups (G1, G2, G3, G4), with...

Basic Math
Q

When light of frequency 7.17x1014 Hz shines on the surface of sodium metal, electrons are ejected...

Chemistry
Q

A water clock used in ancient Greece is designed as vessel with small orifice O...

Physics
Q

In a transverse progressive wave of amplitude A the maximum particle velocity is four times...

Physics
Q

e the standard equation for a circle er 10 6 r 6 ct one a...

Geometry
Q

A house was valued at 115 000 in the year 1994 The va 2008 Use...

Basic Math
Q

phone. All purchases are paid for by check or credit card. Kronecker has a very...

Accounting
Q

If inventory is sold with terms of FOB destination, goods in transit belong to the...

Accounting
Q

Calculating and using a Single Charging Rate The expected costs for the Maintenance Department of...

Accounting
Q

Assume that a radiologist group practice has the following cost structure: Fixed costs Variable cost...

Finance
Q

Requirement: Prepare Journal Entries for: ...

Accounting
Q

- Solve for the problem. - Label the parts with the provided letters. - Use...

Finance