Homework Answers
| Weighted-average method: | ||
| Material | Conversion | |
| Transferred to the next department: | 8,000 | 8,000 |
| Equivalent units in ending work in process | 1,530 | 675 |
| Material | Conversion | |
| Cost of ending work in process inventory | $50,949 | $24,368 |
| (1,530 x $33.30), (675 x $36.10) | ||
| Cost of units completed and transferred out | $266,400 | $288,800 |
| (8,000 x $33.30), (8,000 x $36.10) | ||
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No results > Options mi Swed Help Save & E Hutchcroft Corporation uses the weighted average...
Hutchcroft Corporation uses the weighted average method in its process costing
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June.MaterialsConversionCost per equivalent unit$27.30$30.10Equivalent units in ending work in process930375During the month, 6,800 units were completed and transferred from the Assembly Department to the next department.Required:Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using th. weighted-average method. (Round your answers to 2 decimal places.)MaterialsConversionCost of...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s Assembly Department for the month of June. Materials Conversion Cost per equivalent unit $ 26.30 $ 29.10 Equivalent units in ending work in process 830 325 During the month, 6,600 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 29.30 1,130 Conversion $ 32.10 475 During the month, 7,200 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 28.80 1,080 Conversion $ 31.60 450 During the month, 7,100 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Saved Help Save & E Suer Hutchcroft Corporation uses the weighted average method in its process...
Saved Help Save & E Suer Hutchcroft Corporation uses the weighted average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 27.30 939 Conversion $ 30.10 375 During the month, 6,800 units were completed and transferred from the Assembly Department to the next department 2:49 Required: Determine the cost of ending work in process inventory and the cost...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s Assembly Department for the month of June. Materials Conversion Cost per equivalent unit $ 31.80 $ 34.60 Equivalent units in ending work in process 1,380 600 During the month, 7,700 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
38 Hutchcroft Corporation uses the weighted average method in its process costing. The following data cancer...
38 Hutchcroft Corporation uses the weighted average method in its process costing. The following data cancer the company's Assembly Department for the month of June. Cost peregailent unit ivalent units in ending work in process $32.10 B points During the month.7.200 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted average...
1) 2) 3) Mccabe Corporation uses the weighted average method in its process costing. The following...
1)
2)
3)
Mccabe Corporation uses the weighted average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion 2,400 55% 10% 9.800 Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 8,900 3,300 75% 25% Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department...
1. The Richmond Corporation uses the weighted-average method in its process costing system. The company has...
1. The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted of 21,200 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for August was $3.55 for materials and $5.05 for labor and overhead, the total...
2. Fabian Corporation uses the weighted-average method in its process costing system. The Assembly Department started...
2. Fabian Corporation uses the weighted-average method in its
process costing system. The Assembly Department started the month
with 9,000 units in its beginning work in process inventory that
were 70% complete with respect to conversion costs. An additional
90,000 units were transferred in from the prior department during
the month to begin processing in the Assembly Department. During
the month 87,000 units were completed in the Assembly Department
and transferred to the next processing department. There were
12,000 units...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 29.30 1,130 Conversion $ 32.10 475 During the month, 7,200 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 28.80 1,080 Conversion $ 31.60 450 During the month, 7,100 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Saved Help Save & E Suer Hutchcroft Corporation uses the weighted average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 27.30 939 Conversion $ 30.10 375 During the month, 6,800 units were completed and transferred from the Assembly Department to the next department 2:49 Required: Determine the cost of ending work in process inventory and the cost...
38 Hutchcroft Corporation uses the weighted average method in its process costing. The following data cancer the company's Assembly Department for the month of June. Cost peregailent unit ivalent units in ending work in process $32.10 B points During the month.7.200 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted average...
1)
2)
3)
Mccabe Corporation uses the weighted average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion 2,400 55% 10% 9.800 Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 8,900 3,300 75% 25% Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department...
2. Fabian Corporation uses the weighted-average method in its
process costing system. The Assembly Department started the month
with 9,000 units in its beginning work in process inventory that
were 70% complete with respect to conversion costs. An additional
90,000 units were transferred in from the prior department during
the month to begin processing in the Assembly Department. During
the month 87,000 units were completed in the Assembly Department
and transferred to the next processing department. There were
12,000 units...
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