The following production data were taken from the records of the Finishing Department for June: Inventory...
The following production data were taken from the records of the Finishing Department for June:
| Inventory in process, June 1 (37% completed) | 5,600 | units |
| Completed units during June | 61,700 | units |
| Ending inventory (57% complete) | 3,700 | units |
The number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories, is
a.56,100 units
b.65,400 units
c.2,109 units
d.59,800 units
Homework Answers
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The no of conversion equivalent units of production in June 30 finishing department inventory assuming fifo = 3700 * 57% complete = 2109 units Option C is the answer |
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The following production data were taken from the records of the
Finishing Department for June:
Inventory...
The following production data were taken from the records of the Finishing Department for June: Inventory...
The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (36% completed) 5,600 units Completed units during June 56,700 units Ending Inventory (60% complete) 3,100 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first in, first-out method is used to cost inventories and materials were added at the beginning of the process, is Ca. 54,200 units b. 59,800 units...
The following production data were taken from the records of the Finishing Department for June: Inventory...
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The following production data were taken from the records of the Finishing Department for June: Inventory...
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The following production data were taken from the records of the Finishing Department for June: Inventory...
The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (30% completed) 4,000 units Completed units during June 65,000 units Ending inventory (60% complete) 7,000 units What is the number of conversion equivalent units of production of the Finishing Department ? Group of answer choices 68,000 units 70,400 units 66,200 units 4,200 units
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Production costs chargeable to the Finishing Department in June
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process were 50% complete as to conversion cost and 100% complete
as to materials.
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The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (36% completed) 5,600 units Completed units during June 56,700 units Ending Inventory (60% complete) 3,100 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first in, first-out method is used to cost inventories and materials were added at the beginning of the process, is Ca. 54,200 units b. 59,800 units...
Calculator The following production data were taken from the records of the Finishing Department for June Inventory in process, June 1, 30% completed 4,000 units Completed units during June 65,000 units Ending Inventory, 60% completed 65,000 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first in, first-out method is used to cost Inventories and materials were added at the beginning of the process, is Oa. 68,000 units Ob. 76,000...
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Production costs chargeable to the Finishing Department in June
in Hollins Company are materials $18,260, labor $39,728, overhead
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Cost Reconciliation Cost accounted for Transferred out Work in process Materials Conversion costs Total cost accounted for
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