Crawford company has the following equivalent units for, Ask an Expert

Accounting

Crawford Company has the following equivalent units for July: materials 10,000 and conversion costs 9,000. Production cost data are:

work in process,july 1, for materials is $ 3,200
work in process,july 1, for Conversion is $ 1,500
Costs added in july, for materials is $ 25,200
costs added in july, for Conversion is $ 21,000

The unit production costs for July are:

a. $2.52 Materials, $2.50 Conversion Costs

b. $2.84 Materials, $2.33 Conversion Costs

c. $2.52 Materials, $2.33 Conversion Costs

d. $2.84 Materials, $2.50 Conversion Costs

View complete question

Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9401758

Have any Question?Write your Review or question?

Related Questions in Accounting Basics

Question - barbara whitley had great expectations about her

Question - Barbara Whitley had great expectations about her future as she sat in her graduation ceremony in May 2010. She was about to receive her Master of Accountancy degree, and next week she would begin her career on ...

Question - a revenue of 62000 was earned but only 45000 was

Question - a. Revenue of $62,000 was earned, but only $45,000 was collected. Expenses of $36,000 were incurred, but only $30,000 was paid. What is reported operating income? b. Wages of $5,000 are paid every Friday for a ...

Question - on june 30 2018 pharoah co sold equipment to an

Question - On June 30, 2018, Pharoah Co. sold equipment to an unaffiliated company for $1600000. The equipment had a book value of $880000 and a remaining useful life of 10 years. That same day, Pharoah leased back the e ...

Question - splish company purchased equipment for 221000 on

Question - Splish Company purchased equipment for $221,000 on October 1, 2017. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,480. Estimated production is 40,100 units an ...

Question - a company had no office supplies at the

Question - A company had no office supplies at the beginning of the year. During the year, the company purchased $370 worth of office supplies. On December 31, $135 worth of office supplies remained. How much should the ...

Question 1 in april 2018 abdullah masud editor of the arab

Question 1: In April 2018, Abdullah Mas'ud, editor of The Arab Newspaper (AN), decides to reduce the price per newspaper from SR0.70 in April 2018 to SR0.50 starting 1 May 2018. Actual paid circulation in April is 7.5 mi ...

Question - pharoah company traded a used welding machine

Question - Pharoah Company traded a used welding machine (cost $10,260, accumulated depreciation $3,420) for office equipment with an estimated fair value of $5,700. Pharoah also paid $3,420 cash in the transaction. Prep ...

Question - for the year ended may 31 2015 nike inc

Question - For the year ended May 31, 2015, NIKE, Inc. financial statements included the following data: NIKE, Inc. Selected financial data Revenues 30,601 Cost of sales 16,534 Gross profit 14,067 Total selling and admin ...

Questions -q1 our company uses the percentage of sales

Questions - Q1. Our company uses the percentage of sales method to estimate bad debt expense for the year. Our allowance for bad debts account has a debit balance of $1,000 prior to the adjusting entry for bad debt expen ...

Question texas co established the following overhead cost

Question: Texas Co. established the following overhead cost pools and cost drivers: Budgeted Estimated Overhead Cost Pool Overhead Cost Driver Cost Driver Level Quality controls $780,000 # of inspections 26,000 inspectio ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Accounting Basics Expert