Homework Answers
Unit production cost for materials
= (6100+50000)/25500 = 2.20
Unit production cost for conversion
= (2200+42000)/26000 = 1.70
Option A is the answer
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Multiple Choice Question 80 Waterway Company has the following equivalent units of production for July: materials...
Weygandt, Accounting Principles, 12e Help System Announcements (1 Unread) Multiple Choice Question 80 Waterway Company has...
Weygandt, Accounting Principles, 12e Help System Announcements (1 Unread) Multiple Choice Question 80 Waterway Company has the following equivalent units for Julyi materials 25500 and conversion costs 26000. Production cost data are: Materials Conversion Work in process, July 1 $ 6100 $ 2200 Costs added in July 50000 42000 The unit production costs for July are: Materials Conversion Costs $2.20 $1.70 $2.20 $1.62 oooo $1.96 $1.62 $1.96 51.70 Click if you would like to Show Work for this question: Open...
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the unit production costs for july are?
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Multiple Choice Question 123 Crane Industries has 7000 equivalent units of production for both materials and...
Multiple Choice Question 123 Crane Industries has 7000 equivalent units of production for both materials and for conversion costs. Total manufacturing costs are $111000. Total materials costs are $90000. How much is the conversion cost per unit? $28.71. O $15.06. $12.86. $3.00.
View Policies Current Attempt in Progress Sheffield Company has the following equivalent units for July: materials...
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Waterway Manufacturing is trying to determine the equivalent units for conversion costs with 2700 units of...
Waterway Manufacturing is trying to determine the equivalent
units for conversion costs with 2700 units of ending Work in
Process at 70% completion and 15500 physical units that are 100%
complete as to materials. There are no beginning units in the
department. Materials are added at the beginning of the process,
and conversion costs occur evenly throughout the entire production
period. What are the equivalent units for conversion costs for the
current period if the weighted-average method is used?
18200...
23. Holton Company has the following equivalent units for July: materials 20,000 and conversion 18,000. Production...
23. Holton Company has the following equivalent units for July: materials 20,000 and conversion 18,000. Production cost data are: Materials Conversion Work in process, July 1 $ 8,000 $3,750 Costs added in July 63,000 52,500 The unit production costs for July are: Materials Conversion Costs A) 3.55 3.13 $3.13 B) $3.15 C) 3.55 D) 3.15 2.92 2.92 38. Estimated costs for activity cost pools and other item(s) are as follows: Machining $500,000 Assembling 200,000 Advertising 450,000 Inspecting and testing 175,000...
4. Crawford Company has the following equivalent units for July: materials 20,000 and conversion costs 18,000....
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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...
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The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs 1. Transferred out 13,000 units. Beginning work in process 2. Started 4,300 units that are 60% Materials complete as to conversion Labor costs and 100% complete as Manufacturing overhead to materials at July 31. $0 70,411 17,517 21,900 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Determine the equivalent units of production for (1)...
Weygandt, Accounting Principles, 12e Help System Announcements (1 Unread) Multiple Choice Question 80 Waterway Company has the following equivalent units for Julyi materials 25500 and conversion costs 26000. Production cost data are: Materials Conversion Work in process, July 1 $ 6100 $ 2200 Costs added in July 50000 42000 The unit production costs for July are: Materials Conversion Costs $2.20 $1.70 $2.20 $1.62 oooo $1.96 $1.62 $1.96 51.70 Click if you would like to Show Work for this question: Open...
the unit production costs for july are?
Bramble Company has the following equivalent units for July: materials 30750 and conversion costs 32000. Production cost data are: Materials Conversion Work in process July 1 $ 7500 $ 2400 Costs added in July 54000 36000 The unit production costs for July are: Materials Conversion Costs $2.00 $1.13 $2.00 $1.20 $1.76 $1.20 $1.76 $1.13
Multiple Choice Question 123 Crane Industries has 7000 equivalent units of production for both materials and for conversion costs. Total manufacturing costs are $111000. Total materials costs are $90000. How much is the conversion cost per unit? $28.71. O $15.06. $12.86. $3.00.
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Waterway Manufacturing is trying to determine the equivalent
units for conversion costs with 2700 units of ending Work in
Process at 70% completion and 15500 physical units that are 100%
complete as to materials. There are no beginning units in the
department. Materials are added at the beginning of the process,
and conversion costs occur evenly throughout the entire production
period. What are the equivalent units for conversion costs for the
current period if the weighted-average method is used?
18200...
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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
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