cost per equivalent unit | |||||||
Direct | conversion | ||||||
materials | |||||||
Beginning work in process | 37,000 | 62,000 | |||||
current period cost | 72,000 | 112,000 | |||||
total cost | 109,000 | 174,000 | |||||
dividen by equivalent units | 8,200 | 6,800 | |||||
cost per equivalent units | 13.29 | 25.59 | answer | ||||
Cliff Company manufactures file cabinets. The following cost information is available for the month of December:...
Cliff Company manufactures file cabinets. The following cost information is available for the month of December: Beginning work in process Direct materials$29,000 Conversion cost 72,000 December costs Direct materials 68,000 Conversion cost 103,000 Cliff had 7,500 equivalent units of direct materials and 6,500 equivalent units of conversion cost. Using the weighted-average method, calculate Cliff’s cost per equivalent unit for materials and conversion during December. (Round your answers to 2 decimal places.)
Cliff Company manufactures file cabinets. The following cost information is available for the month of December: $ 31,000 54,000 Beginning work in process Direct materials Conversion cost December costs Direct materials Conversion cost 68,000 109,000 Cliff had 8,900 equivalent units of direct materials and 5,700 equivalent units of conversion cost. Using the weighted average method, calculate Cliff's cost per equivalent unit for materials and conversion during December. (Round your answers to 2 decimal places.) Direct Materials Conversion Cost per Equivalent...
Cliff Company manufactures file cabinets. The following cost Information is available for the month of December Beginning work in process Direct materials Conversion cost December costs Direct materials Conversion cost $ 65.ee 121.000 128,590 2e1,24 Cliff had 16.700 equivalent units of direct materials and 11.700 equivalent units of conversion cost. Using the FIFO method, calculate Cliff's cost per equivalent unit for materials and conversion during December (Round your answers to 2 decimal places.) Direct Materials Conversion Cost per Equivalent Unit
Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 40% for conversion) 44,000 units Direct materials $ 72,000 Conversion cost $ 102,000 Number of units started 150,000 units April costs Direct materials $ 218,000 Conversion cost $ 328,000 Work in process, April 30 (100% complete for materials, 20% for conversion) 76,000 units Required: Using the weighted-average method, complete each of the following steps: 2. Calculate...
Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 40% for conversion) Direct materials Conversion cost 44,000 units $ 72,000 $ 102,000 Number of units started 150,000 units April costs Direct materials Conversion cost $ 218,000 $ 328,000 Work in process, April 30 (100% complete for materials, 20% for conversion) 76,000 units Required: Using the weighted average method, complete each of the following steps: 1....
Mirada Company manufactures handheld calculators and has the following information available for the month of July: Work in process, May 1 (100% complete for July, 25% for conversion) Direct materials Conversion cost $ $ 126,000 units 240,000 394,000 Number of units started 220,000 units July costs Direct materials Conversion cost $ $ 426,000 484,000 Work in process, July 31 (100% complete for materials, 10% for conversion) 144,000 units Required: Using the weighted average method of process costing, complete each of...
Legacy Company manufactures umbrellas and has the following information available for the month of May Work in process, May 1 (100% complete for materials, 86% for conversion) Direct materials Conversion cost 78,000 units $131,000 $176,000 Number of units started 183,000 units May costs Direct materials Conversion cost $200,000 $377,000 Work in process, May 31 (100% complete for materials, 22% for conversion) 57,000 units Required: Using the weighted-average method of process costing, complete each the following steps: 1. Reconcile the number...
Mirada Company manufactures handheld calculators and has the following information available for the month of July: Work in process, May 1 (100% complete for July, 25% for conversion) Direct materials Conversion cost $ $ 126,000 units 240,000 394,000 Number of units started 220,000 units July costs Direct materials Conversion cost $ $ 426,000 484,000 Work in process, July 31 (100% complete for materials, 10% for conversion) 144,000 units Required: Using the weighted average method of process costing, complete each of...
Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 43% for conversion) 35,000 units Direct materials $ 47,000 Conversion cost $ 52,000 Number of units started 87,000 units April costs Direct materials $ 107,000 Conversion cost $ 166,000 Work in process, April 30 (100% complete for materials, 26% for conversion) 34,000 units Required: Using the weighted-average method, complete each of the following steps: 1. Reconcile...
Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 43% for conversion) 35,000 units Direct materials $ 47,000 Conversion cost $ 52,000 Number of units started 87,000 units April costs Direct materials $ 107,000 Conversion cost $ 166,000 Work in process, April 30 (100% complete for materials, 26% for conversion) 34,000 units Required: Using the weighted-average method, complete each of the following steps: 1. Reconcile...