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Weighted-Average Cost

Earnings Per Common Share Calculation

At December 31, 2007, Norbett Company had 500,000 shares of common stock issued and outstanding, 400,000 of which had been issued and outstanding throughout the year and 100,000 of which were issued on October 1, 2007. Net income for the year ended December 31, 2007, was $1,020,000. What should be Norbett's 2007 earnings per com

Weighted Average Method of Process Costing

Comfort Corporation manufactures air mattresses. The company uses the weighted-average method of process costing. Information for the Assembly Department for the month of July is given below: (ATTACHED) I want to know how to compute the total cost of units completed and transferred out. I also want to know how to compute the

Weighted Average Method: cost per equivalent unit

See attached Excel file. Used the attached information for the month of January to calculate the cost per equivalent unit in process for conversion costs using the weighted average method. Materials are added at the beginning of the process. Carry out 4 decimal places.

Weighted average cost of capital - Coca-Cola Company

I need the weighted average cost of capital for Coca Cola. If you could explain how you got it and what it means to the company. Positive or negative. Thanks. Please use the annual financial reports and not the interim ones. Thanks. Here's the link to them. http://www.reuters.com/finance/stocks/incomeStatement?stmtT

4 Multiple choice questions on operating and conversion costs

1. The following information was provided by Fystro Corporation for the month of March. Fystro uses the weighted-average method in its process costing system. Total cost transferred out during March $74,000; Cost in Work in Process, March 1 $12,000; Cost in Work in Process, March 31 $5,000; How much cost did Fystro add to produc

Average accumulated expenditure and total cost

Wheeler Corporation constructed a building at a cost of $20,000,000. Average accumulated expenditures were $8,000,000, actual interest was $1,200,000, and avoidable interest was $600,000. If the salvage value is $1,600,000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line meth

NY Key Weighted Marginal Cost

New York Key is planning a $50 million expansion. The expansion is to be financed by selling $20 million in new debt and $30 million in new common stock. The before-tax required rate of return on debt is 9%, and the required rate of return on equity is 13.75%. If the company is in the 40% tax bracket, what is New York Key's weig

Copley uses a weighted-average process-costing system.

Copley uses a weighted-average process-costing system. All materials are added at the beginning of the process; conversion costs are incurred evenly throughout production. The company finished 40,000 units during the period and had 15,000 units in process at year-end, the latter at the 40% stage of completion. Total material

Weighted Average Method

The final processing dept in Mary's production facility began the year with no work in process inventories. During the year, 210,000 units were transferred infromthe prior processing department and 200,000 units were completed and sold. Costs transferred in from the prior department totaled $39,375,000. No materials are added

Weighted Average Cost of Capital

Consider the following data: Percent of capital structure: Debt 30% Preferred stock 15 Common equity 55 Additional information: Bond coupon rate 13% Bond yield to maturity 11% Dividend, expected common $3.00 Dividend, preferred $10.00 Price, common $50.00 Price, preferred $98

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

Equivalent Units of Production for Materials

Ferrelli Brothers Painting has the following production data for January: Beginning work in process, 0 units Units transferred out, 35,000 Units in ending work in process, 4000, which 30% are complete for conversion costs Materials are added only at the beginning of the process. Compute equivalent units of production for

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

Average cost

Rayburn Manufacturing, Inc., is currently an all-equity firm that pays no taxes. The market value of the firm's equity is $2 million. The cost of this unlevered equity is 18 percent per annum. Rayburn plans to issue $400,000 in debt and use the proceeds to repurchase stock. The cost of debt is 10 percent per annum. a. After R

Weighted-Average Method in a Process Costing System

The Richmond Company uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted of 18,000 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% co

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

Weighted average cost of capital for Hamilton Corp

11/17. Given the following information, calculate the weighted average cost of capital for Hamilton Corp. Percent of capital structure: Debt . . . . . . . . . . . . . . .30% Preferred stock . . . . . . . . . 15 Common equity . . . . . . . . . . 55 please see additional info attached in the file