n October, Pedraza Corp.’s production was 53,600 equivalent
units for direct material, 48,800 equivalent units for...
n October, Pedraza Corp.’s production was 53,600 equivalent
units for direct material, 48,800 equivalent units for direct
labor, and 42,000 equivalent units for overhead. During October,
direct material, conversion, and overhead costs incurred were as
follows:
Direct material
$158,688
Conversion
189,648
Overhead
85,200
Beginning WIP Inventory costs for October were $26,232 for
direct material, $19,504 for direct labor, and $20,640 for
overhead.
a. How much did Pedraza Corp. spend on direct labor in
October? $Answer
b. What was the October...
Equivalent Units of Production
Units of production data for the two departments of Continental
Cable and...
Equivalent Units of Production
Units of production data for the two departments of Continental
Cable and Wire Company for November of the current fiscal year are
as follows:
Drawing Department
Winding Department
Work in process, November 1
6,900 units, 25% completed
3,500 units, 60% completed
Completed and transferred to next processing department during
November
94,500 units
93,200 units
Work in process, November 30
5,200 units, 75% completed
4,800 units, 20% completed
a. If all direct materials are placed in
process...