Acct 505 Final Test

1. Bingham Corporation occasions the charge-average method in its serve up pastime dodging. data concerning the first processing department for the most upstart calendar months atomic number 18 listed below. model in process, Beginning: Units in beginning clip in process inventory: 400 Materials cost: 6,900 Conversion cost: 2,500 serving completed for materials: 80% luck completed for variety: 15% Units started into production during the month: 6,000 Units transferred to the next department during the month: 5,000 Materials cost added during the month: 112,500 Conversions cost added during the month: 210, 300 Ending practise in Process: Units in ending work in process inventory: 1,200 Percentage complete for materials: 60% Percentage completed for conversion: 30% Calculate the equivalent units for materials (using the dull average method) for the moth in the first processing department 2.(Ignore income taxes in this problem) quintuplet years ago, t he City of Paranoya spent 30,000 to purchase a computerized microwave radar system called W.A.S.T.E (watching aliens sent to earth) Recently, a gross revenue rep from W.A.S.T.E radar connection t superannuated the city manager closely a stark naked and improved radar system that can be purchased for 50,000. The rep also told the manager that the company would give the city 10,000 in trade on the old system. The new system leave behind operate 10 years. The old system will last that long save only if a 4,000 upgrade is through in 5 years. The manger assembled the following information to use in the finis regarding which system is more desirable: experienced system juvenile system Cost of radar system 30,000 50, 000 rate of proceed salvage value ! 10,000 - Annual value in 10 years 5,000...If you want to get a full essay, maculation it on our website: OrderEssay.net

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