Physical units | Transferred in | Direct Materials | Conversion | |
Units to account for | ||||
Beginning work in process | 23000 | |||
Transferred in during July | 229000 | |||
Total units to account for | 252000 | |||
Units accounted for | ||||
Completed & transferred out | 224000 | 224000 | 224000 | 224000 |
Ending work in process | 28000 | 28000 | 25200 | 16800 |
Total units accounted for | 252000 | |||
Total equivalent units | 252000 | 249200 | 240800 |
QUESTION THREE Jaffa Ketchup uses a process costing packaging. The Packaging Department reported the lo process...
please answer the above questions thanks. QUESTION THREE Jatia Ketchup uses a process costing system to determine its product's cost. The last of the three processes is packaging. The Packaging Department reported the following information for August. Note: The units in ending work-in-process inventory were 90% complete with resnect to direct materials, but only 60% complete with respect to conversion Required: Fill in the missing figures for blanks (19) through (30). Physical Units Equivalent Units Transferred Direct Materials Conversion Costs...
Jaffa Ketchup uses a process costing system to determine its products cost. The last of the three processes is packaging. The packaging department reported the following information for August. The units in ending work-in-process inventory were 90% complete with respect to direct materials, but only 60% complete with respect to conversion. required: fill in the missing figures for blanks (19) to (30) Student D: STUDENT NAME: Jafta Ketchap uses a process costing system so detemine ins prodact's cost. The last...
Mogyardy's Hot Sauce uses a process costing system to determine its product's cost. The last of the three processes is packaging. The Packaging Department reported the following information for the month of July: F: (Click the icon to view the reported information for July.) The units in ending work in process inventory were 70% complete with respect to direct materials but only 40% complete with respect to conversion. Requirement Summarize the flow of physical units and compute output in terms...
23. 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...
Assignment Problem 1: ABC Company uses the FIFO method in its process costing system. The partment started the month with 6,000 units in its beginning work in process inventory that Were 20% complete with respect to conversion costs. An additional 74,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 8,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect...
A B с D E 1 9 Hayword, Inc. uses weighted average costing and has two departments - mixing and packaging. 2 The following information relates to work in the mixing department for the month of July: 3 4 Work in process, July 1: 5 Units in process 300 6 Percent completed with respect to materials 60% 7 Percent completed with respect to conversion 40% 8 Cost in the beginning inventory: Materials cost $10,500 10 Conversion cost $6,750 11 Units...
please answer the followinf question. Process Costing (Cornerstone Pages): The mixing department of Seville Company uses two processes, Blending and Cooking. The following information pertains to the Blending Department for February. Units in Beginning Work in Process (40% complete) Units Completed and Transferred Out Units in Ending Work in Process (60% complete) 100,000 370,000 50,000 Production Costs are as follows: Cost for Beginning WIP: Materials Conversion Total: $20,000 $40,000 $60,000 Current Costs: Materials Conversion Total: $200,000 $350,000 $550,000 * Note:...
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...
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,300 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,720. An additional 89,600 units were started into production during the month and 92,600 units were completed in the Welding Department and transferred to the next processing department. There...
ABC Company’s Finishing Department uses process costing and had the following data available for the month of October: Beginning work in process 4,000 units Units started 2,400 units Units completed and transferred out 5,500 units Ending work in process 900 units The units in beginning work in process were 100% complete with respect to materials and 25% complete with respect to conversion costs. The units in ending work in process were 100% complete with respect to materials and 75% complete...