DeVry College
ACCT346 Weekly Task
Week three
Instructions: Your project this week is to reply the 2
questions under. Please word that Query #2 has 2 components, Half A and Half B.
Please present your work for full credit score and use the field supplied. Please add extra
rows or columns to the field if wanted.
1. Starting WIP stock is 15,500 models, 75% full for
supplies. Throughout the month, 90,000 models had been began; 87,000 had been completed;
and ending WIP was 18,500 models that had been 50% full for supplies.
What number of equal models ought to be used to allocate prices
for supplies? (Assume that the weighted common technique is used, not FIFO.)
2. Throughout a interval,
38,200 models had been accomplished and four,200 models had been in ending WIP stock.
Ending WIP was 75% full for direct supplies and 50% full for
conversion prices.
2a. What are the equal models for direct supplies?
2b. What are the equal models for conversion prices?