How much is the total cost of producing 150 grams of honey if the company uses the least squares method. The cost accountant of sweet company recorded these cost of producing honeybee: DAYS GRAMS PRODUCED TOTAL COST INCURRED MON 100 1000 TUES 75 600 WED 25 400 THURS 150 1500 FRI 175 1600 SAT 50 600 SUN 125 1300

How much is the total cost of producing 150 grams of honey if the company uses the least squares method. The cost accountant of sweet company recorded these cost of producing honeybee: DAYS GRAMS PRODUCED TOTAL COST INCURRED MON 100 1000 TUES 75 600 WED 25 400 THURS 150 1500 FRI 175 1600 SAT 50 600 SUN 125 1300

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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How muchh is the total cost of production 150 grams of honey if the company uses the least squares method. The correct accountant of Sweet Company recorded these cost of producing honeybee: Days Grams Produced Total Cost Incurred Mon 100 P1,000 Tues 75 600 Wed 25 400 Thurs 150 1,500 Frid 175 1,600 Sat 50 600 Sun 125 1,300
The following is data obtained from cheese cake production activities by PT Cheese Higen for January 2018 During January 2018, the number of cheese cakes produced was 20.000 units Requested: 1. What is the total production cost and production cost of cheese cake per unit? 2. What is the total prime cost and prime cost of cheese cake per unit? 3. What is the total conversion cost and the cheese cake conversion cost per unit?
Using the high- low method, How much is the total cost of producting 1330 grams of honey? The correct accountant of Sweet Company recorded these cost of producing honeybee: Days Grams Produced Total Cost Incurred Mon 100 P1,000 Tues 75 600 Wed 25 400 Thurs 150 1,500 Frid 175 1,600 Sat 50 600 Sun 125 1,300
The following product costs are available for Kellee Company on the production of eyeglass frames: direct materials, $32,125; direct labor, $23.50; manufacturing overhead, applied at 225% of direct labor cost; selling expenses, $22,225; and administrative expenses, $31,125. The direct labor hours worked for the month are 3,200 hours. A. What are the prime costs? B. What are the conversion costs? C. What is the total product cost? D. What is the total period cost? E. If 6.425 equivalent units are produced, what is the equivalent material cost per unit? F. What is the equivalent conversion cost per unit?
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