A production department's output for the most recent month consisted of 14,000 units completed and transferred to the next stage of production and 14,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 70% complete with respect to both direct materials and conversion costs. There were 1,800 units in beginning Work in Process inventory, and they were 90% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. |
Multiple Choice
14,180 units.
23,800 units.
14,000 units.
15,620 units.
23,980 units.
Units completed 100% completed | 14000 |
Ending Work in Progress70% completed 14000*70% | 9800 |
Equivalent units | 23800 |
A production department's output for the most recent month consisted of 14,000 units completed and transferred...
A production department's output for the most recent month consisted of 18,500 units completed and transferred to the next stage of production and 18,500 units in ending Work in Process inventory. The units in ending Work in Process inventory were 65% complete with respect to both direct materials and conversion costs. There were 2,700 units in beginning Work in Process inventory, and they were 85% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of...
A production department's output for the most recent month consisted of 8,200 units completed and transferred to the next stage of production and 5,200 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method.
A production department's output for the most recent month consisted of 9,500 units completed and transferred to the next stage of production and 6,500 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. Multiple Choice 8,000 units. 11,250 units. 16,000 units. 6,250 units. 12,750 units.
A production department's output for the most recent month consisted of 8,700 units completed and transferred to the next stage of production and 5.700 units in ending Work in Process inventory. The units in ending Work in Process Inventory were 60% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. Multiple Choice C) 7,500 units 12.320 units 0 10,920 units O 5,280...
1.) A production department's output for the most recent month consisted of 10,000 units completed and transferred to the next stage of production and 7,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. A.)8,500 units. B.)12,000 units. C.)17,000 units. D.)6,500 units. E.)13,500 units. 2.)...
need help with question #2 Multiple Choice Practice 1) A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. A) 6,500 units....
3. Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in lrocess inventory. Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the first process. During November, the first process transferred 780,000 units of product to the second process. Additional information for the first process follows. At the end of...
Inventory, May 1 Work in Process-Grinding Department 286,200 Completed and transferred to the Mixing Department 551,030 331,442 Materials Conversion Inventory, May 31 points The May 1 work in process inventory consisted of 108,000 pounds with $171,720 in materials cost and $114,480 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 305,000 pounds were started into production. The May 31 inventory consisted of 117,000...
During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 84,000 were in process in the production department at the beginning of April and 336,000 were started and completed in April. April's beginning inventory units were 80% complete with respect to materials and 20% complete with respect to conversion. At the end of April, 106,000 additional units were in process in the...
During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 68,000 were in process in the production department at the beginning of April and 272,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 90,000 additional units were in process in the...