Netlinkaccess - All about Payroll Services and Accounting
*Home>>>Cost Accounting

Cost accounting question. help me?

I added all of cost per equivalent unit so it;s $2 and
multiplied by 42,000 and I got answer b. $84,000 or

I just did 42000 times $1.10 and 39,000 times $0.90 and fianlly i got a. $81,300

I am not sure which way is correct..

The following amounts were selected from the production report of Chandon Corporation:
Actual units in production42,000
Equivalent units (materials)42,000
Equivalent units (conversion)39,000
Cost per equivalent unit (materials)$1.10
Cost per equivalent unit (conversion)$0.90

Chandon uses the weighted average method in preparing its production reports. Chandon's total production cost to be accounted for must have been

a. $81,300
b. $84,000
c. $89,100
d. $72,900

Please tell me the correct answer

answer = 84000

(42000*$1.1) + (42000*$0.90) = 84000

Tags
　　Accounting Career 　　Accounting Jobs 　　Small Business Accounting 　　Accounting Company 　　Accounting Firm 　　Tax Accounting 　　Cost Accounting 　　Accounting Bookkeeping 　　Managerial Accounting 　　Financial Accounting 　　Intermediate Accounting 　　Online Accounting
Related information
  • Cost accounting question..?

    my answer is b. $84,000 Cost of material = 42,000 x $1.10 = $46,200 Then all the 42,000 units of materials are converted (but result only in 39,000 units of output). Cost of Conversion = ...

  • Cost Accounting Question.?

    It depends on what method you use in accounting for your inventories. There two systems offered in accounting for inventories - the periodic system and perpetual system. The periodic systems ca...

  • Accounting question re production cost?

    production cost only includes what it takes to make the product. the actual costing includes overheads, labour, cost sales, pr marketing that sort of thing if a product only cost ten pounds to mak...

  • Can anyone help me to make an assignment on construction finance management & cost accounting?

    See if you can get help here ...

  • What is mean by break even point in cost accounting?

    Break Even Point (BEP) is the minimum sales you need to generate in order to cover both the fixed and variable cost that arises in a certain period. Imagine you have a factory and fixed cost (R...

  • Format of cost sheet in cost accounting?

    Cost Sheet Form prepared for each job or department. It serves as a means of accumulating the manufacturing costs-direct materials, direct labor, and overhead costs-chargeable to the job or depa...

  • Define cost accounting?

    Cost accounting is the process of tracking, recording and analyzing costs associated with the products or activities of an organization. In modern accounting, costs are measured in accordance with ...

  • Help with Cost Accounting - Weighted Avrg Unit Cost?

    You need % completion of w-i-p with regard to materials to assess the answer.. refer to this notes . ...

    • 　

    Categories--Copyright/IP Policy--Contact Webmaster