Montoya Manufacturing: Widgets
Not what you're looking for?
In its initial year of operation, Montoya Manufacturing started and completed 4,000 identical widgets and had 1,000 widgets that were 40% complete in work-in-process at the end of the year. Total production costs for the year were $55,000.
1) How many total equivalent units were completed during the year?
2) What is the cost per equivalent unit?
Purchase this Solution
Solution Summary
This solution calculates the total equivalent units and the cost per equivalent unit for Montoya Manufacturing. Includes 1 reference.
Solution Preview
(1)
4,000 + (1,000 x .40) = 4,400
Total completed + units in progress x percent complete =
total ...
Purchase this Solution
Free BrainMass Quizzes
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.