Chapter 18 The gathered data for a company is as follows:
Beginning Work in Progress Inventory 700 Units
Transferred in From another department 4,000 units Completed during the month 3,500 units
Ending work i n process inventory 1,200
How many units were started and completed during this month?
Units started and completed = 2800 Units
Working
Total Units | |
Units Transferred: | |
From WIP | 700 |
From units started | 2,800 |
Total Units transferred | 3,500 |
Chapter 18 The gathered data for a company is as follows: Beginning Work in Progress Inventory...
The Assembly Department started the month with 25,100 units in its beginning work in process inventory. An additional 310,100 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 30,100 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month?
Chapter 4: Applying Excel Data Beginning work in process inventory: Units in process 200 Completion with respect to materials 100% Completion with respect to conversion 40% Costs in the beginning work in process inventory: Materials cost $2,000 Conversion cost $800 Units started into production during the period 1,800 Costs added to production during the period: Materials cost $18,400 Conversion cost $38,765 Ending work in process inventory: Units in process 100 Completion with respect to materials 100% Completion with respect to...
Assume the following information for the Milling Department: Milling Department Units Beginning work in process inventory 300 Units started into production during the period 6,000 Units completed during the period and transferred to the next department 5,750 Ending work in process inventory ? Using the weighted-average method, how many units were in ending work in process inventory?
The Assembly Department started the month with 25,100 units in its beginning work in process inventory. An additional 310,100 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 30,100 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month? Multiple Choice 335,200 365,300 305,100 315,100
The Assembly Department started the month with 25,000 units in its beginning work in process inventory. An additional 310,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 30,000 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month? Multiple Choice 335,000 365,000 305,000 315,000
(c) The Assembly Department started the month with 78,000 units in its beginning work in process inventory. An additional 254,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 21,000 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month? (d) Cawper Company uses the FIFO method in its process costing system. The Assembly Department...
The Converting Department of Hopkinsville Company had 1,080 units in work in process at the beginning of the period, which were 75% complete. During the period, 22,800 units were completed and transferred to the Packing Department. There were 1,200 units in process at the end of the period, which were 75% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
1. Calculate the following: a. On March 31, the Prepping Department beginning Work-in-Process Inventory was 40% complete for materials and 60% complete for conversion costs. This means that for the beginning inventory __ % of the materials and_ _% of the conversion costs were added during April. b. On April 30, the Prepping Department ending Work-in-Process Inventory was 40% complete for materials and 45% complete for conversion costs. This means that for the ending inventory __ _% of the materials...
Chapter 5 Mastery In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $28,000 and ending work in process inventory of $30,000. During the month, $204,000 of costs were added to production and the cost of units transferred out from the department was $202,000. Required:Construct a cost reconciliation report for the department for the month of July. Costs to be accounted for: Cost of beginning work in process inventory Costs added to production...
Units (Rolls of Wallpaper) Beginning Work in Process Inventory 70 sheets Transferred in from spinning in April 550 sheets Completed during April 480 sheets Ending Work in Process Inventory (80% complete for conversion work) 140 sheets Costs April beginning Dyeing dept. Work in process Inventory $10,700 (costs is made up transferred in $4,000 plus March dyeing materials cost $1,400 & conversion cost $5,300) Transferred in from the spinning dept. in April $23,280 Direct Material Cost added during April $14,100 Conversion...