Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process...
Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,200 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,000. During the period, 9,200 units were completed and transferred on to the next department. The costs per equivalent unit for the period were $5.20 for material and $6.20 for conversion costs. The cost of units transferred out during the month was:
Homework Answers
| Materials | Conversion | Total | |
| Units completed and transferred out: | |||
| Units transferred to the next department (a) | 9,200 | 9,200 | |
| Cost per equivalent unit (b) | $5.20 | $6.20 | |
| Cost of units completed and transferred out (a) × (b) | $47,840 | $57,040 | $104,880 |
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Mundes Corporation uses the weighted-average method in its
process costing system. The beginning work in process...
Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process...
Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2,400 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $9,200. During the period, 8,400 units were completed and transferred on to the next department. The costs per equivalent unit for the period were...
Mundes Corporation uses the weighted average method in its process costing system. The beginning work in...
Mundes Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,700 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,500. During the period, 9,700 units were completed and transferred on to the next department. The costs per equivalent unit for the period...
Trapp Corporetion uses the weighted-average method in its process costing system. The beginning work in process...
Trapp Corporetion uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2000 units that were 70% complete with respect to materials and 60% complete with respect to conversion costs The cost of the beginning work in process inventary in the department was recorded as $18,500 During the period, 10000 units were completed and transfered on to the next department The costs per equivalent unt for the period were...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 16,500 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $24,600. A total of 50,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.30 for materials and $3.00...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 20,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $26,000. A total of 57,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $2.00 for materials and $3.70...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 19,500 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,800. A total of 56,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.90 for materials and...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 12,000 units, 100% complete with respect to materials cost and 30% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $22,800. A total of 41,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.40 for materials and...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process in...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 21000 units, 100% complete with respect to materials cost and 40 complete with respect to conversion cous. The total cost in the beginning work in process invertory was $26.400. A total of 50.000 units were transferred out of the department during the month. The costs per equivalent unit were compted to be $2.20 for materials and...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 2,300 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 7,400 50% Conversion costs $ 3,600 20% A total of 8,700 units were started and 8,000 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department,...
1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,200 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 90,000 units were started into production during the month. There were 23,000 units in the ending work in process inventory of the Welding Department that...
Mundes Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,700 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,500. During the period, 9,700 units were completed and transferred on to the next department. The costs per equivalent unit for the period...
Trapp Corporetion uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2000 units that were 70% complete with respect to materials and 60% complete with respect to conversion costs The cost of the beginning work in process inventary in the department was recorded as $18,500 During the period, 10000 units were completed and transfered on to the next department The costs per equivalent unt for the period were...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 19,500 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,800. A total of 56,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.90 for materials and...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 12,000 units, 100% complete with respect to materials cost and 30% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $22,800. A total of 41,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.40 for materials and...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 21000 units, 100% complete with respect to materials cost and 40 complete with respect to conversion cous. The total cost in the beginning work in process invertory was $26.400. A total of 50.000 units were transferred out of the department during the month. The costs per equivalent unit were compted to be $2.20 for materials and...
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