25. Narver Corporation uses the weighted-average method in its
process costing system. Operating data for the Lubricating
Department for the month of October appear below:
What were the equivalent units for conversion costs in the
Lubricating Department for October?
Homework Answers
| Completed and transferred to next department during October | 37,100 |
| Ending work in process inventory completed (9,600*80%) | 7,680 |
| Equivalent units for conversion costs | 44,780 |
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25. Narver Corporation uses the weighted-average method in its
process costing system. Operating data for the...
4. Narver Corporation uses the weighted-average method in its process costing system. Operating data for the...
4. Narver Corporation uses the weighted-average method in its
process costing system. Operating data for the Lubricating
Department for the month of October appear below:
What were the equivalent units for conversion costs in the
Lubricating Department for October?
___________________________________________________________________________________
5. Baker Corporation uses the weighted-average method in its
process costing system. The Assembly Department started the month
with 8,000 units in its beginning work in process inventory that
were 90% complete with respect to conversion costs. An additional
95,000...
1. (2 points) Jason Corporation uses the weighted average method in its process costing system. The...
1. (2 points) Jason Corporation uses the weighted average method in its process costing system. The Assembly Department started the month with 10,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 55,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 52,000 units were completed in the Assembly Department and transferred to the next processing department. There...
24. Jawson Corporation uses the weighted-average method in its process costing system. Operating data for the...
24. Jawson Corporation uses the weighted-average method in its
process costing system. Operating data for the Painting Department
for the month of April appear below:
What were the equivalent units for conversion costs in the Painting
Department for April?
Percent Complete with Respect to Conversion 10% Units 6,300 65,600 4,600 Beginning work in process inventory ................ Transferred in from the prior department during April........ Ending work in process inventory.................. 70%
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...
6. Larner Corporation uses the weighted-average method in its process costing system. Operating data for the...
6. Larner Corporation uses the weighted-average method in its
process costing system. Operating data for the first processing
department for the month of June appear below:
According to the company's records, the conversion cost in
beginning work in process inventory was $68,064 at the beginning of
June. Additional conversion costs of $585,324 were incurred in the
department during the month.
What was the cost per equivalent unit for conversion costs for the
month? (Round off to three decimal places.)
_____________________________________________________________________________________________...
Corporation uses the weighted average method in its process costing system. The Molding Department is the...
Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete Respect to Conversion Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 8,000 66,800 8,200 BOX The Molding Department's cost per equivalent unit for conversion cost for cary...
Raider Corporation uses the weighted average method in its process costing system. The Molding Department is...
Raider Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Conversion 10% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 9,300 80,000 79,800 9,500 80% The Molding Department's cost per equivalent unit for...
Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
Paceheco Corporation uses the
weighted-average method in its process costing system. The Molding
Department is the second department in its production process. The
data below summarize the department’s operations in January. Units
Percent Complete with Respect to Conversion Beginning work in
process inventory 5,200 70 % Transferred in from the prior
department during January 59,100 Completed and transferred to the
next department during January 56,900 Ending work in process
inventory 7,400 40 % The accounting records indicate that the
conversion...
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...
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...
4. Narver Corporation uses the weighted-average method in its
process costing system. Operating data for the Lubricating
Department for the month of October appear below:
What were the equivalent units for conversion costs in the
Lubricating Department for October?
___________________________________________________________________________________
5. Baker Corporation uses the weighted-average method in its
process costing system. The Assembly Department started the month
with 8,000 units in its beginning work in process inventory that
were 90% complete with respect to conversion costs. An additional
95,000...
1. (2 points) Jason Corporation uses the weighted average method in its process costing system. The Assembly Department started the month with 10,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 55,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 52,000 units were completed in the Assembly Department and transferred to the next processing department. There...
24. Jawson Corporation uses the weighted-average method in its
process costing system. Operating data for the Painting Department
for the month of April appear below:
What were the equivalent units for conversion costs in the Painting
Department for April?
Percent Complete with Respect to Conversion 10% Units 6,300 65,600 4,600 Beginning work in process inventory ................ Transferred in from the prior department during April........ Ending work in process inventory.................. 70%
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...
6. Larner Corporation uses the weighted-average method in its
process costing system. Operating data for the first processing
department for the month of June appear below:
According to the company's records, the conversion cost in
beginning work in process inventory was $68,064 at the beginning of
June. Additional conversion costs of $585,324 were incurred in the
department during the month.
What was the cost per equivalent unit for conversion costs for the
month? (Round off to three decimal places.)
_____________________________________________________________________________________________...
Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete Respect to Conversion Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 8,000 66,800 8,200 BOX The Molding Department's cost per equivalent unit for conversion cost for cary...
Raider Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Conversion 10% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 9,300 80,000 79,800 9,500 80% The Molding Department's cost per equivalent unit for...
Paceheco Corporation uses the
weighted-average method in its process costing system. The Molding
Department is the second department in its production process. The
data below summarize the department’s operations in January. Units
Percent Complete with Respect to Conversion Beginning work in
process inventory 5,200 70 % Transferred in from the prior
department during January 59,100 Completed and transferred to the
next department during January 56,900 Ending work in process
inventory 7,400 40 % The accounting records indicate that the
conversion...
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