mkidgellmas1284
22.07.2019 •
Business
Cameron company uses the weighted-average method in its process costing system. the packaging dept started the month with 290 units in process that were 90% complete, received 1,400 units from the finishing dept, and had 110 units in process at the end of the period. all materials are added at the beginning of the process, and conversion costs are incurred uniformly. the units in process at the end of the month are 60% complete with respect to conversion costs. during the month 1,580 units were completed and transferred out. the department incurred the following costs: beginning wip added this month totaltransferred in 450 13400 13850800 3100 3900650 55401900 22040 23940what is the cost per equivalent unit for direct materials?
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Ответ:
$5,500,000
Explanation:
The computation of the price of bonds is shown below:-
Tomkin Library System issues on January 2021 = $5 million in bonds
The Carrying value of the bond on 01/01/2021 = $5,500,000
Therefore the issue price of the bonds = $5,500,000
Here, Issue of price of the bonds is equals to Carrying value of the bond so we consider the carrying value of the bonds which is $5,500,000