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 product | ||
Homework Answers
Equivalent unit
| Material | Conversion | |
| Unit transferred out | 411000 | 411000 |
| Ending WIP | 37000*66% = 24420 | 37000*47% = 17390 |
| Equivalent unit | 435420 | 428390 |
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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 % 50 % The department started 401,000 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 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. 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 Units 51,000 30,000 Percent Completed Materials Conversion 55% 72% 54% The department started 393.000 units into production during the month and transferred 414,000 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 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...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: 10 points Percent Completed Units Materials Conversion 48,000 85% 65% 39,000 73% 46% Work in process, October 1 Work in process, October 31 Skipped eBook The department started 402,000 units into production during the month and transferred 411,000 completed units to the next department Hint Required: Compute the equivalent units of production for October. Print References Materials...
Please explain Clonex Labs, Inc., uses the weighted average method in its process costing system. The...
Please explain
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% 66% 46% Units 53,000 35,000 Work in process, October 1 Work in process, October 31 The department started 389,000 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...
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 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 Materials Conversion 90% 60 % 73% 49% Units 52,000 36,000 Work in process, October 1 Work in process, October 31 The department started 389,000 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. 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 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 Units 51,000 30,000 Percent Completed Materials Conversion 55% 72% 54% The department started 393.000 units into production during the month and transferred 414,000 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
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: 10 points Percent Completed Units Materials Conversion 48,000 85% 65% 39,000 73% 46% Work in process, October 1 Work in process, October 31 Skipped eBook The department started 402,000 units into production during the month and transferred 411,000 completed units to the next department Hint Required: Compute the equivalent units of production for October. Print References Materials...
Please explain
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% 66% 46% Units 53,000 35,000 Work in process, October 1 Work in process, October 31 The department started 389,000 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: 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 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 Materials Conversion 90% 60 % 73% 49% Units 52,000 36,000 Work in process, October 1 Work in process, October 31 The department started 389,000 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. Materials Conversion Equivalent units of production
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