Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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A company is composed of 5 cost centers. Using the information given below, estimate the total product cost for 75 products. Material cost for each unit is estimated to be $2000. Direct labor cost is $417000. Direct Labor Hours is 112000. Overhead Rate = $25.92.
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- 14arrow_forwardProduction data show 35,920 units were transferred out of a stage of production and 6,150 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5 for material and $8 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? Round to the whole unit and whole dollar, no decimals. Complete the tables below: Equivalent units data Units Materials Conversion Transferred out 35,920 Ending inventory 6,150 Units accounted for, equivalent units Cost data Transferred out $ Ending work in process: materials Ending work in process: conversion Ending work in process: total Costs to account for $ please fill in the information in the grid exactly as providedarrow_forwardcoventry PLC had 27,000 units in production during May. Of these 27,000 units, 25,000 units were started during the month. By the end of May, 23,000 units were completed and transferred to finished goods. Cost associated with the beginning inventory was £125,000. Manufacturing costs totalling £850,000 were added during the period. coventry PLC uses the FIFO method and adds all direct materials at the beginning of the process. What is coventry PLC'S cost per unit for direct materials ?arrow_forward
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