Calculate how many of the bags were started and completed, Accounting Basics

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Calculate how many of the bags were started and completed

O'Callahan Sank Company produces gourmet chips and other snack foods. One of the company's most popular snacks is a combination of several varieties of organic potatoes. The snack food goes through several processes, including a potato peeling operation. Cost for operations during April are as follows (note: production costs include the cost of direct materials and conversion costs for the department):

A. How many equivalent units did O'Callahan complete during April?

B. Calculate the cost of the ending work in process inventory

C. Calculate how many of the bags were started and completed during April

D. Calculate how many bags of the popular snack were completed during April.

	Number of Bags	Production Costs
Beginning Work in process (10% complete)	3000	$10000
Current Period production	20000	$70240
Ending Work in process (85% complete	5000

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Accounting Basics: Calculate how many of the bags were started and completed

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Ask an Expert for Answer!!

Accounting Basics: Calculate how many of the bags were started and completed

Reference No:- TGS0697571

Recent Questions Asked Accounting Basics

Q : Calculate mollycaits operating breakeven point

Q : How to record interest and amortization

Q : How to the effective interest method is used

Q : What is the yield to maturity for each bond

Q : Calculate how many of the bags were started and completed

Q : What before-tax amount

Q : Discuss the journal entries to apply the equity method

Q : Prepare the journal entries needed on the books

Q : What are the three most common types of ratios

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