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3mo ago

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On December 31 of last year Wolfson Corporation had an inventory of 450 units of its product which cost 22 per unit to produce. During January the company produced 850 units at a cost of 25 per unit.?

On December 31, Wolfson Corporation had an inventory of 450 units valued at $22 each, totaling $9,900. In January, the company produced 850 additional units at a higher cost of $25 each, amounting to $21,250. Thus, by the end of January, the total inventory would include 1,300 units, with a combined cost of $31,150.


What is the Formula to calculate cost per equivalent unit?

Double Eagle Corporation produces the prestigious "Double Eagle" golf ball in one department using a process costing system. At the beginning of January, 10,000 golf balls were in work-in-process. During January, 20,000 more golf balls were started. The ending work-in-process included 6,000 balls which were 100 percent completed for direct materials, 75 percent completed for direct labor, and 75 percent completed for overhead.


Pearson Architectural Design began operations on January 2 The following activity was recorded in the companys Work in Process account for the first month of operations?

Pearson Architectural Design is an example of job-order costing system, and their first month's Work in Process is used as an example of what this system looks like. For the first month they were open, the company had the following listed in its Work in Process account: Costs of Subcontracted Work 90,000; Direct Staff Costs 200,000; Studio Overhead 320,000; To Completed Projects 570,000.


When can you filed 2011 taxes?

You can start filing on the 14th of January.


Job in December and get paid in January which tax year is it?

Whichever year January falls in