Vikarm bahi Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at thebeginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFOmethod of process costing. October data for the Roasting department follow.DirectMaterials Conversion.UnitsBeginning work in process inventoryUnits started and completed3,500PercentComplete Complete100%30%Percent19,700Units completed and transferred outEnding work in process inventory23,2002,900100%70%Beginning work in process inventoryCosts added this period$ 122,270Direct materials.ConversionTotal costs to account for$ 271,2001,196,9101,468,110$ 1,590,3802. Compute cost per equivalent unit of production for both direct materials and conversion.Cost per equivalent unit of productionEquivalent units of productionCost per equivalent unit of productionMaterialsConversion

Equivalent units of production for conversion is calculated as:(Beginning WIP units × Percent…

Answered: Dengo Company makes a trail mix in two…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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13.12 You work for Bellevue Window Products. While performing an analysis for a new window prod- uct, you found a report from last year that pro- vided the following information regarding the manufacture of a similar product: annual produc- tion rate T 40,000 units; selling price = $70 per unit; fixed production cost = $240,000 per year; variable production cost = $1,700,000 per year; variable selling expenses = $96,000 per year. As a first-cut, you decide to use this information to estimate (a) the breakeven production rate per year, (b) the company's profit last year, and (c) the annual production rate that would generate a profit of $1,000,000 per year. What are your estimates?
Physical Units (pennants) 1,050 Work in process, November 1ª Started during November ? Good units completed and transferred out during November 8,900 Normal spoilage Abnormal spoilage 120 40 1,800 Work in process, November 30b Total costs added during November a Degree of completion: direct materials, 100%; conversion costs, 50%. bDegree of completion: direct materials, 100%; conversion costs, 15%. Direct Conversion Costs Materials $1,032 $740 $12,000 $27,250 Flow of Production Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Work done to date Equivalent Units Direct Conversion Materials Costs 8,900 120 40 1,800 10,860 8,900 120 40 270 9,330
The Pear company produces and sells pPhones. Their production costs are $290000 plus $180 for each pPhone they produce, but they can sell the pPhones for $250 each. How many pPhones should the Pear company produce and sell in order to break even? The break-even number of pPhones is Preview
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Economics URGENT PLEASE** As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed. Using earned value analysis, answer the following questions: A) What is the earned value (EV) for this project at the time of inspection (month 3)? B) What is the planned value (PV) for this project at the time of inspection? C) Calculate the Schedule variance (SV) and the cost variance (CV) at month 4. What do they mean? D) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [ E) According to your…
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