Homework Answers
Answer
| Material | Conversion costs | |
| January | 45,000 | 39,000 |
| March | 48,000 | 46,000 |
| July | 61,000 | 49,000 |
Calculations:
| Statement of Equivalent Production | |||||||
| Input | Particulars | Output | Material | Conversion cost | |||
| % | Units | % | Units | ||||
| January | 45,000 | Transferred out | 35,000 | 100% | 35,000 | 100% | 35,000 |
| Closing stock | 10,000 | 100% | 10,000 | 40% | 4,000 | ||
| 45,000 | Total | 45,000 | 45,000 | 39,000 | |||
| March | 48,000 | Transferred out | 40,000 | 100% | 40,000 | 100% | 40,000 |
| Closing stock | 8,000 | 100% | 8,000 | 75% | 6,000 | ||
| 48,000 | Total | 48,000 | 48,000 | 46,000 | |||
| July | 61,000 | Transferred out | 45,000 | 100% | 45,000 | 100% | 45,000 |
| Closing stock | 16,000 | 100% | 16,000 | 25% | 4,000 | ||
| 61,000 | Total | 61,000 | 61,000 | 49,000 | |||
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BE16-4 Goode Company has the following production data for sele LOS Ending or 2 Work in...
Goode Company has the following production data for selected months. Ending Work in Process Month Beginning...
Goode Company has the following production data for selected
months.
Ending
Work in Process
Month
Beginning
Work in Process
Units
Transferred Out
Units
% Complete as to
Conversion Cost
January
0
36,800
10,700
42
%
March
0
42,700
8,500
70
July
0
46,300
21,700
21
Compute equivalent units of production for materials and conversion
costs, assuming materials are entered at the beginning of the
process.
Materials
Conversion Costs
January
March
July
Goode Company has the following production data for selected months. Ending Work In Process Beginning Units...
Goode Company has the following production data for selected months. Ending Work In Process Beginning Units % Complete as to Month Work in Process Transferred Out Units Conversion Cost January 0 36,100 12,900 40% March 41,200 8,100 75 July 48,900 21,400 25 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July
Question 11 Goode Company has the following production data for selected months. Ending Work in Process...
Question 11 Goode Company has the following production data for selected months. Ending Work in Process Beginning Units % Complete as to Month Work in Process Transferred Out Units January 40,300 10,600 43% March 42,000 8,900 70 July 47,700 20,000 som Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. is conversion costs January March w lila in Chw Work for this actions One Show work
Brief Exercise 16-04 Goode Company has the following production data for selected months. Ending Work in...
Brief Exercise 16-04 Goode Company has the following production data for selected months. Ending Work in Process Complete as to Units Conversion Cost Month Beginning Work in Process Units Transferred Out January March July 39,400 41,500 47,100 11,000 8,900 22,000 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process Materials Conversion Costs January March Click if you would like to Show Work for this question: Open Show Work
Goode Company has the following production data for selected months. Compute equivalent units of production for...
Goode Company has the following production data for selected
months.
Compute equivalent units of production for materials and
conversion costs, assuming materials are entered at the beginning
of the process.
Goode Company has the following production data for selected months. Ending Work in Process Beginning Work in Process % Complete as to Conversion Cost Month January March July Units Transferred Out 38,900 42,100 47,000 Units 10,500 8,300 17,700 44 % 72 22 Compute equivalent units of production for materials and...
Brief Exercise 3-4 Goode Company has the following production data for selected months. Ending Work in...
Brief Exercise 3-4 Goode Company has the following production data for selected months. Ending Work in Process Month Beginning Work in Process % Complete as to Conversion Cost January -0- Units Transferred Out 36,300 41,000 46,600 Units 13,500 8,100 20,400 40 % 72 March -0- July -0- 25 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July Click if you would like to...
Brief Exercise 17-4 Goode Company has the following production data for selected months. Beginning Work in...
Brief Exercise 17-4 Goode Company has the following production data for selected months. Beginning Work in Process Month January March July Units Transferred Out 36,500 45,600 50,100 Ending Work in Process % Complete as to Units Conversion Cost 13,800 42 % 8,500 72 17,400 20 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July
Muffy Painting Company has the following production data for March. Ending Work in Process % Complete...
Muffy Painting Company has the following production data for March. Ending Work in Process % Complete as to Units Conversion Cost 8,000 75% Beginning Units Work in Process Transferred Out 3,000 42,000 Month March Instructions Compute equivalent units of production for March for both materials and conversion costs. Materials are entered at the beginning of the process. Equivalent Units Materials Conversion Costs Physical Units Quantities Units to be accounted for Work in process, March 1 Started into production Total units...
Please help me with this question on my hmwk assignment. thank you! Goode Company has the...
Please help me with this question on my hmwk assignment. thank
you!
Goode Company has the following production data for selected months. Month January March July Beginning Work in Process 0 0 0 Units Transferred Out 38,600 42,800 49,900 Ending Work in Process % Complete as to Units Conversion Cost 13,400 44 % 8,300 74 19,200 25 Compute equivalent units of production for materials and conversion costs, assuming materials are enter process. Materials Conversion Costs January March July 1
Department for Rightpens has the following production data for the current month, Beginning Units Ending Work...
Department for Rightpens has the following production data for the current month, Beginning Units Ending Work in Process Transferred Out Work in Process 17.000 18,000 Materials are entered at the beginning of the process. The ending work in process units are 57% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs. Materials Conversion costs The equivalent units of production
Goode Company has the following production data for selected
months.
Ending
Work in Process
Month
Beginning
Work in Process
Units
Transferred Out
Units
% Complete as to
Conversion Cost
January
0
36,800
10,700
42
%
March
0
42,700
8,500
70
July
0
46,300
21,700
21
Compute equivalent units of production for materials and conversion
costs, assuming materials are entered at the beginning of the
process.
Materials
Conversion Costs
January
March
July
Goode Company has the following production data for selected months. Ending Work In Process Beginning Units % Complete as to Month Work in Process Transferred Out Units Conversion Cost January 0 36,100 12,900 40% March 41,200 8,100 75 July 48,900 21,400 25 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July
Question 11 Goode Company has the following production data for selected months. Ending Work in Process Beginning Units % Complete as to Month Work in Process Transferred Out Units January 40,300 10,600 43% March 42,000 8,900 70 July 47,700 20,000 som Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. is conversion costs January March w lila in Chw Work for this actions One Show work
Brief Exercise 16-04 Goode Company has the following production data for selected months. Ending Work in Process Complete as to Units Conversion Cost Month Beginning Work in Process Units Transferred Out January March July 39,400 41,500 47,100 11,000 8,900 22,000 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process Materials Conversion Costs January March Click if you would like to Show Work for this question: Open Show Work
Goode Company has the following production data for selected
months.
Compute equivalent units of production for materials and
conversion costs, assuming materials are entered at the beginning
of the process.
Goode Company has the following production data for selected months. Ending Work in Process Beginning Work in Process % Complete as to Conversion Cost Month January March July Units Transferred Out 38,900 42,100 47,000 Units 10,500 8,300 17,700 44 % 72 22 Compute equivalent units of production for materials and...
Brief Exercise 3-4 Goode Company has the following production data for selected months. Ending Work in Process Month Beginning Work in Process % Complete as to Conversion Cost January -0- Units Transferred Out 36,300 41,000 46,600 Units 13,500 8,100 20,400 40 % 72 March -0- July -0- 25 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July Click if you would like to...
Brief Exercise 17-4 Goode Company has the following production data for selected months. Beginning Work in Process Month January March July Units Transferred Out 36,500 45,600 50,100 Ending Work in Process % Complete as to Units Conversion Cost 13,800 42 % 8,500 72 17,400 20 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July
Muffy Painting Company has the following production data for March. Ending Work in Process % Complete as to Units Conversion Cost 8,000 75% Beginning Units Work in Process Transferred Out 3,000 42,000 Month March Instructions Compute equivalent units of production for March for both materials and conversion costs. Materials are entered at the beginning of the process. Equivalent Units Materials Conversion Costs Physical Units Quantities Units to be accounted for Work in process, March 1 Started into production Total units...
Please help me with this question on my hmwk assignment. thank
you!
Goode Company has the following production data for selected months. Month January March July Beginning Work in Process 0 0 0 Units Transferred Out 38,600 42,800 49,900 Ending Work in Process % Complete as to Units Conversion Cost 13,400 44 % 8,300 74 19,200 25 Compute equivalent units of production for materials and conversion costs, assuming materials are enter process. Materials Conversion Costs January March July 1
Department for Rightpens has the following production data for the current month, Beginning Units Ending Work in Process Transferred Out Work in Process 17.000 18,000 Materials are entered at the beginning of the process. The ending work in process units are 57% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs. Materials Conversion costs The equivalent units of production
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