Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:
| Percent Completed | |||||
| Units | Materials | Conversion | |||
| Work in process, October 1 | 53,000 | 90 | % | 55 | % |
| Work in process, October 31 | 38,000 | 68 | % | 48 | % |
The department started 396,000 units into production during the month and transferred 411,000 completed units to the next department.
Required:
Compute the equivalent units of production for October.
|
Homework Answers
| Beginning work in process | 53,000 | completed & transferred | 411,000 | |||||
| Started during the year | 396,000 | ending work in process | 38,000 | |||||
| units to be accounted | 449,000 | units accounted for | 449,000 | |||||
| Equivalent units of production | units | % Mat | EUP | %CC | CC | |||
| completed & transferred | 411,000 | 100% | 411,000 | 100% | 411,000 | |||
| ending work in process | 38,000 | 68% | 25840 | 48% | 18240 | |||
| Equivalent units of production | 436,840 | 429,240 | ||||||
| Materials | CC | |||||||
| Equivalent units of production | 436,840 | 429,240 | ||||||
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Clonex Labs, Inc., uses the weighted-average method in its
process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 51,000 90 % 60 % Work in process, October 31 37,000 66 % 47 % The department started 397,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 54,000 90 % 60 % Work in process, October 31 35,000 73 % 45 % The department started 396,000 units into production during the month and transferred 415,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 90% 60% 69% 49% Units 53,000 36,000 Work in process, October 1 Work in process, October 31 The department started 390,000 units into production during the month and transferred 407,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 53,000 90 % 60 % Work in process, October 31 40,000 73 % 53 % The department started 395,000 units into production during the month and transferred 408,000 completed units to the next department. Required: Compute the equivalent units of production for October. Clonex Labs, Inc., uses the...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its
process costing system. The following data are available for one
department for October:
Percent Completed
Units
Materials
Conversion
Work in process,
October 1
52,000
85
%
55
%
Work in process, October 31
34,000
68
%
49
%
The department started 392,000 units into production during the
month and transferred 410,000 completed units to the next
department.
Required Compute the equivalent units of production for October. Materials Conversion Equivalent units of...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 74% 46% Units 45,000 40,000 Work in process, October 1 Work in process, October 31 The department started 406,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 51,000 85% 65% 38,000 67% 55 % The department started 392,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 73% 46% Units 50,000 33,000 Work in process, October 1 Work in process, October 31 The department started 396,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 45,000 85 % 55 % Work in process, October 31 36,000 68 % 54 % The department started 403,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion 55,000 858 65% Work in process, October 1 Work in process, October 31 30,000 72 518 The department started 386,000 units into production during the month and transferred 411,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversio Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 90% 60% 69% 49% Units 53,000 36,000 Work in process, October 1 Work in process, October 31 The department started 390,000 units into production during the month and transferred 407,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its
process costing system. The following data are available for one
department for October:
Percent Completed
Units
Materials
Conversion
Work in process,
October 1
52,000
85
%
55
%
Work in process, October 31
34,000
68
%
49
%
The department started 392,000 units into production during the
month and transferred 410,000 completed units to the next
department.
Required Compute the equivalent units of production for October. Materials Conversion Equivalent units of...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 74% 46% Units 45,000 40,000 Work in process, October 1 Work in process, October 31 The department started 406,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 51,000 85% 65% 38,000 67% 55 % The department started 392,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 73% 46% Units 50,000 33,000 Work in process, October 1 Work in process, October 31 The department started 396,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion 55,000 858 65% Work in process, October 1 Work in process, October 31 30,000 72 518 The department started 386,000 units into production during the month and transferred 411,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversio Equivalent units of production
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