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Weighted-Average Cost

Using weighted average daily

A mail order firm processes 5,000 checks per month. Of these, 65 percent are for $50 and 35 percent are for $70. The $50 checks are delayed two days on average; the $70 checks are delayed three days on average. a. what is the average daily collection float? How do you interpret your answer? b. What isthe weighted average de

Cost Accounting - average cost of product - 39. Belsky Corporation

39. Belsky Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $313,490 29,000 machine-hours Processing orders $ 49,476 1,400 orders Inspection $ 73,882 1,060 inspection-hours The company makes 490 units of product Q19

Weighted-average and spoilage costs

Waters Salad Dressing had beginning work-in-process in July of $248,320 consisting of $101,640 of materials and $146,680 of conversion costs. There were 16,000 units (one unit equals one case of salad dressing) in beginning work-in-process, 40% complete as to conversion costs. Materials are added at the beginning of the process

Earnings per Share

On December 31, 1998, Jamfest Travel Inc. had 450,000 shares of no-par common stock issued and outstanding. All shares were sold for $7.50. On June 30, 1999, the firm issued an additional 135,000 shares for $7 per share. The 1999 income was $319,200. On September 1, 2000, a 15 percent stock dividend was issued to all common shar

Production Cost Report (with Spoilage), Weighted-Average Method

See the attached file Production Cost Report (with Spoilage), Weighted-Average Method Nader Paints makes an environmentally sound paint. The following data are available for the month of April: Units Percentage Complete Costs Beginning WIP Inventory, April 11,000 Direct Materials 75 Conversion costs 70

Weighted average cost of capital

The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm's common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share, and the expected dividend at the end of the current year (2003) is 55 percent of the 2002 EPS. Because investors expect

Fixed vs. (Semi) Variable Cost; Contribution Margin Ratio; Average Cost Per Unit

16. Item A sells for $5. Fixed costs per unit are $1, and variable costs per unit are $3. The contribution margin ratio for item A is 20%. a. True b. False 17. Which of the following average costs per unit may be expected to decrease by the greatest percentage with an increase in the volume of units produced? a. Average fi

Cost Accounting: Process Costing using Weighted Average Method

Process Cost: Weighted Average Method Agua-Paint, Inc. produces an environmentally correct paint that goes through department A and department B. Department A's data on units and costs for the last month are presented below (look also in the attachment). Percent completed Units Materials Conversion Beginning work

Process Costing: FIFO and Weighted Average Methods

A company uses a process costing system to manufacture it's goods. The following information pertains to operations for the menthe of May 2004: Beginning work in process, May 1 - 16,000 units Started in production during May - 100,000 units Completed production during May - 92,000 units Ending work in process inventory, Ma