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What is the answer to. During August the Filtering Department of Olive Inc. had beginning Work-in-Process inventory of 120 units with costs of 50000. 515 units were transferred in during the month. It?
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Need help finding my w2 forms?
Based on the typical employer, W2 forms aren't sent to employees until the beginning of the year. If your question is referring to a W2 for a previous working year, you can always call your Human Resources department for these records.Larger companies and corporations such as Office Depot have their W2 information hosted online.See your Human Resources department or Manager for more information.
Where is the beginning of period capital account balance?
It is at the end of the period.
When is the beginning of the fiscal year in Iraq?
June 6, 2013
Is the overall change in cash calculated on the statement of cash flows always the same as the beginning cash balance on the balance sheet?
the difference between the beginning and the ending cash balance on balance sheet
Beginning inventory plus purchases for the period yields?
goods available for sale
Is there any fire department beginning with X?
· Xenia, Ohio Fire Department
How is fire department capitalized?
"Fire department" is typically capitalized when referring to a specific organization, such as the Washington Fire Department. If used in a general sense, it is not usually capitalized, like in "the local fire department responded to the call."
Does department have to be capitalized?
No, except at the beginning of a sentence because it is n ot a proper n ou n.
Do you capitalize payroll department?
No, except at the beginning of a sentence because it is n ot a proper n ou n.
How do you calculate equivalent units of production?
Definition and Explanation of Equivalent Units of Production:After materials, labor and overhead costs have been accumulated in a department, the department's output must be determined so that unit cost can be computed. A department usually has some partially completed units in its ending inventory. It does not seem reasonable to count these partially completed units as equivalent to fully completed units when counting the department's out put. These partially converted units are mathematically converted into an equivalent number of fully completed units. In process costing this is done by using the following formula:Equivalent Units = Number of partially Completed Units × Percentage of CompletionEquivalent units of production for a period can be calculated in two different waysWeighted Average methodFirst in First Out (FIFO) methodEquivalent Units―Weighted Average Method:Weighted Average method blends together units and costs from the current period with units and costs from the prior period. In a weighted average method the equivalent units of production for a department are the number of units transferred to the next department of finished goods plus the equivalent units in the department's ending work in process inventory.Example:Following is the data from Shaping and Milling department, one of the departments at Five Star CompanyShaping and Milling DepartmentPercent CompleteUnitsMaterialsConversionWork in process, May 1Units started in production during MayUnits completed in May and transferred to the next departmentWork in Process, May31 2005,0004,80040055%100%*40%30%100%*25%*It is always assumed that units transferred out of a department are 100% complete with respect to the processing done in that department.Note that the May1 beginning Work in Process is 55% complete with respect to materials costs, and 30% complete with respect to conversion costs. This means that 55% of the materials costs required to complete the units in the department has already been incurred. Likewise, 30% of the conversion cost required to complete the units has already been incurred.Since Five Star's work in process inventories are at different stages of completion in terms of amounts of materials cost and conversion cost that have been added in the department, two equivalent unit figure must be completed. The equivalent units computations are shown below.Shaping and Milling DepartmentMaterialsConversionUnits transferred to the next departmentWork in Process, May 31400 units × 40%400 units × 25% Equivalent units of production4,800160--------4,960=====4,800100--------4,900=====Note from above computations that units in the beginning work in process inventory are ignored. The weighted average method is concerned only with the fact that there are 4,900 equivalent units for conversion cost in ending inventories and in units transferred to the next department―the method is not concerned with the additional fact that some of this work was accomplished in the prior periods. This is a key point in the weighted average method that is easy to overlookgoogle_protectAndRun("ads_core.google_render_ad", google_handleError, google_render_ad); Equivalent Units―First-in-First-Out (FIFO) Method:The computation of equivalent units under FIFO method differs from weighted average method in two ways. First the units transferred out figure is divided into two parts. One part consists of the units from beginning inventory that were completed and transferred out, and the other part consists of the units that were both started and completed during the current period. Second full consideration is given to the amount of work expended during the current period on units in the beginning work in process inventory as well as units in the ending inventory. Thus, under the FIFO method, it is necessary to convert both beginning and ending inventories to an equivalent unit basis. For the beginning inventory, the equivalent units represent the work done to complete the units; for the ending inventory, the equivalent units represent the work done to bring the units to a stage of partial completion at the end of the period ( the same as with the weighted average method). The formula for computing equivalent units of production is more complex under FIFO method than under weighted average method.Formula for Calculating Equivalent Units―FIFO method:Equivalent Units of Production = Equivalent units to complete beginning inventory* + Units started and completed during the period + Equivalent units in ending work in process inventory*Equivalent units to complete beginning inventory = Units in beginning inventory × (100% − Percentage completion of beginning inventory)Or, the equivalent units of production can also be determined as follows:Equivalent Units of Production = Units transferred out + Equivalent units in ending work in process inventory − Equivalent units in beginning inventory.Example:To illustrate the FIFO method, Refer again the data of shaping and milling department of Five Star Company.Shaping and Milling DepartmentMaterialsConversionWork in Process May 1:200 units × (100% − 55%)*200 units × (100% − 30%)*Units started and completed in MayWork in process, May 31:400 units × 40%400 units × 25% Equivalent Units of Production90**4,600160--------4,850=====140**4,600100--------4,840=====*This is the work needed to complete the units in the beginning inventory.**(5,000 units started) − (400 units in the ending work in process) = 4,600 units started and completed. The FIFO method assumes that the units in the beginning inventory are finished first.
What is the department code for Gers - France?
Gers department code is number 32, but you need to know the postal code of the town which will be five figures - beginning by 32. Type in 'code postal name-of-the-town' in Google or other search engine to get it right.
What was the part in A Sitch in Time where Shego separated Kim and Ron?
In a way, the very beginning. It turns out that Shego was the reason for Ron's dad to be transferred out of the country. This caused Ron to move away and be separated from Kim.
What is da form 4340?
Any form beginning with the prefix DA refers to a form used by the United States Department of the Army. This form is the Report of Result of Trial.
Do you capitalize titles of departments?
It is capitalized at the beginning of the sentence or when it forms part of the proper noun. Examples: Department of Local Government and Community Development Department of Agrarian Reform
What is da form 4340-r?
Any form beginning with the prefix DA refers to a form used by the United States Department of the Army. This form is the Report of Result of Trial.
Where can I obtain a map of Miami?
You can get them at gas stations or welcome come stations at the beginning of the state. Wal-Mart carries maps up the front desk and back by sports department.
When was streetball invented?
Street ball had its beginning in 1946. An employee of the New York City Parks Department, Holcombe Rucker, started a summer basketball tournament as an activity for Harlem children.
