Perrette Motor Company rebuilds automobile engines that have been damaged or are in need of extensive repair. The rebuilt engine has a 100,000-mile warranty and is purchased by auto shops, large motor pools in companies and governmental units, and some individual auto owners. The plant in Dayton, Ohio, specializes in the Ford V6 engine. Approximately 720 to 920 engines are rebuilt each month, and the costs of the plant are assigned to monthly production using weighted-average process costing. The current month began with a Work-in-Process Inventory of 180 engines, which were 50% complete for direct materials and 50% complete for conversion costs. The direct materials cost in beginning Work-in-Process was $87,800, while the conversion cost was $91,020. A total of 620 engines were completed and shipped out during the month, and total direct materials cost of $725,400 and conversion cost of $827,700 were incurred during the month. The ending Work-in- Process of 280 units was 50% complete for direct materials and 30% complete for conversion costs. Required: Compute the cost per equivalent unit for direct materials and conversion for the month. Direct materials Conversion Cost per Equivalent Unit

Leach Finishing makes various metal fittings for the construction industry. Three of the fittings, models X-12, X-24, and X-30, require grinding on a patented machine of which Leach has only one. The cost of production information for the three products follow: X-12 Price per fitting Variable cost per fitting Units per hour of grinding The testing machine used for both models has a capacity of 2,870 hours annually. Fixed manufacturing costs are $484,000 annually. Required A Required B X-24 $29 $ 14 18.0 X-12 X-24 X-30 units units units $ 45 X-30 $21 12.5 Required: a. Suppose that Leach Finishing can sell at most 55,600 units of any one fitting. How many units of each fitting model should Leach Finishing produce annually? b. Suppose that Leach Finishing can sell at most 15,300 units of any one fitting. How many units of each fitting should Leach Finishing produce annually? 15 Complete this question by entering your answers in the tabs below. $ 64 $38 10.0 Suppose that Leach Finishing…

Wexpro, Incorporated, produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $71,000 per ton, one-fourth of which is allocated to product X15. Six thousand five hundred units of product X15 are produced from each ton of clypton. The units can either be sold at the split-off point for $17 each, or processed further at a total cost of $8,800 and then sold for $22 each. Required: 1. What is the financial advantage (disadvantage) of further processing product X15? 2. Should product X15 be processed further or sold at the split-off point? 1. 2. Product X15 should be

Thompson Industrial Products Inc. (TIPI) is a diversified industrial-cleaner processing company. The company's Dargan plant produces two products: a table cleaner and a floor cleaner from a common set of chemical inputs (CDG). Each week, 945,000 ounces of chemical input are processed at a cost of $213,000 into 630,000 ounces of floor cleaner and 315,000 ounces of table cleaner. The floor cleaner has no market value until it is converted into a polish with the trade name FloorShine. The additional processing costs for this conversion amount to $244,200, Floor Shine sells at $20 per 30-ounce bottle. The table cleaner can be sold for $21 per 25-ounce bottle. However, the table cleaner can be converted into two other products by adding 315,000 ounces of another compound (TCP) to the 315,000 ounces of table cleaner. This joint process will yield 315,000 ounces each of table stain remover (TSR) and table polish (TP). The additional processing costs for this process amount to $102,000. Both…