A Gambino Construction adds materials at the beginning of production
A Gambino Construction adds materials at the beginning of production and incurs conversion cost uniformly throughout manufacturing Consider the data that follow
Conversion cost in the beginning work in process inventory led $120,000, and August conversion cost totaled $270,000. Assuming use of the weighted average method, which of the following choices correctly depicts the number of equivalent units for materials and the conversion cost per equivalent unit?
Homework Answers
Add Answer to:
A Gambino Construction adds materials at the beginning of production
A department adds raw materials to a process at the beginning of the process and incurs...
A department adds raw materials to a process at the beginning of
the process and incurs conversion costs uniformly throughout the
process. For the month of January, there were no units in the
beginning Work in Process inventory; 9900 units were started into
production in January; and there were 4400 units that were 70%
complete in the ending Work in Process inventory at the end of
January. The weighted-average method is used. What were the
equivalent units of production for...
Fulton Corporation adds all materials at the beginning of production and incurs conversion cost evenly throughout...
Fulton Corporation adds all materials at the beginning of production and incurs conversion cost evenly throughout manufacturing. The company completed 115,000 units during the year and had 17,000 units in process at year end, 20% complete with respect to conversion cost. Equivalent units for the year total: Multiple Choice A. materials, 115,000; conversion, 115,000. B. materials, 132,000; conversion, 132,000. C. materials, 118,400; conversion, 118,400. D. materials, 132,000; conversion, 118,400. E.materials, 115,000; conversion, 3,400.
A department adds raw materials to a process at the beginning of the process and incurs...
A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 20,000 units were started into production in January and there were 5,000 units that were 40% complete in the ending work in process inventory at the end of January.. What were the equivalent units of production for materials for the month of...
A department adds raw materials to a process at the beginning of the process and incurs...
A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 90,000 units were started into production in January; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for materials for the month of...
A department adds raw materials to a process at the beginning of the process and incurs...
A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 80,000 units were started into production in January; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for conversion costs for the month...
A department adds all raw materials to a process at the beginning of the process and...
A department adds all raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 91200 units were started into production in January; and there were 19600 units that were 30% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for conversion costs for the...
A department adds raw materials to a process at the beginning of the process and incurs...
A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 90,000 units were started into production in January; 70,000 units were transferred to finished goods; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of...
Question 44 2 pts A department adds materials at the beginning of the process and incurs...
Question 44 2 pts A department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of July, there was no beginning work in process; 40,000 units were completed and transferred out; and there were 20,000 units in the ending work in process that were 40% complete. During July, $120,000 materials costs and $105,000 conversion costs were charged to the department. The unit production costs for materials and conversion costs for...
Gutierrez, which uses a process-costing system, adds all material at the beginning of production and incurs...
Gutierrez, which uses a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing. The information that follows relates to the period just ended: Units started and completed: 94,000 Units in ending work-in-process inventory: 15,800, 70% complete Which of the following choices correctly expresses the total equivalent units of production with respect to material and conversion cost? Material Conversion A. 94,000 94,000 B. 105,060 105,060 C. 109,800 98,740 D. 109,800 105,060 E. 109,800...
Question 39 2 pts A department adds raw materials to a process at the beginning of...
Question 39 2 pts A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 90,000 units were started into production in January; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for materials...
A department adds raw materials to a process at the beginning of
the process and incurs conversion costs uniformly throughout the
process. For the month of January, there were no units in the
beginning Work in Process inventory; 9900 units were started into
production in January; and there were 4400 units that were 70%
complete in the ending Work in Process inventory at the end of
January. The weighted-average method is used. What were the
equivalent units of production for...
A department adds all raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 91200 units were started into production in January; and there were 19600 units that were 30% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for conversion costs for the...
Question 44 2 pts A department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of July, there was no beginning work in process; 40,000 units were completed and transferred out; and there were 20,000 units in the ending work in process that were 40% complete. During July, $120,000 materials costs and $105,000 conversion costs were charged to the department. The unit production costs for materials and conversion costs for...
Question 39 2 pts A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 90,000 units were started into production in January; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for materials...
Most questions answered within 3 hours.
-
Wildhorse Company follows the practice of pricing its inventory
at the lower-of-cost-or-market, on an individual-item
basis....
asked 25 minutes ago -
3. (10 pts) You grow a corn crop that yields 150 bushels ac-1,
with the following...
asked 14 minutes ago -
7. The term Six Sigma refers to:
Select one:
a. The control limits established in a...
asked 24 minutes ago -
For the following reaction: A(g) + 2 B(g) ⇌ 2 C(g) Calculate the
equilibrium constant K...
asked 26 minutes ago -
Which of the following best describes tidal volume? options:
1.The amount of oxygen in the air...
asked 42 minutes ago -
1. Smaller cost distortions occur when the traditional systems'
single indirect-cost rate and the activity-cost-driver rates:...
asked 50 minutes ago -
Using either a FMECA approach or some other appropriate RCA
tool, identify five risk treatment actions...
asked 51 minutes ago -
If for a test the P-value is between 0.0025 and 0.005, what
conclusion can you draw?...
asked 1 hour ago -
Using Python. Write a function clean2(aList) that takes a list
of integers aList as argument, and...
asked 1 hour ago -
Intrapreneurship is defined as the
development of an enterprise culture with an existing (Nandan,
2009). An...
asked 1 hour ago -
QUESTION 1 Tamiflu is a drug used to treat influenza. A study
found that Tamiflu reduced...
asked 1 hour ago -
Which of the following would be less likely to be used to
allocate factory overhead when...
asked 1 hour ago