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Particulars | Physical units | Percentage | Material |
Inventory in process | 4000 | 0% | - |
Units started and completed (65000-4000) | 61000 | 100% | 61000 |
Ending inventory | 7000 | 100% | 7000 |
Total Equivalent Units | 68000 |
ANSWER: 68000
Calculator The following production data were taken from the records of the Finishing Department for June...
the debits to work in process assembly department for april 3000 units $7200 Calculator Companies that use the weighted average method for process costing have unit costs that include costs from more than one accounting period. One False Previous Next > Su Test for Grading All work saved Calculator The cost of production report is often used by managers for analyzing the change in the conversion and direct materials cost per equivalent unit between periode True False Previous Next >...
The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (39% completed) 4,100 units Completed units during June 64,700 units Ending inventory (63% complete) 3,500 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 a.64,100 units b.3,500 units c.60,600 units d.68,200...
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 Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. Work in process at the beginning of the period for Department 1 was $75,000, and work in process at the end of the period totaled $60,000. The records indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000 $60,000,...
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 material 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? a. 68,000 units b. 76,000 units...
1) 2) 3) 4) 5) The debits to Work in Process-Assembly Department for April, together with data concerning production, are as follows: April 1, work in process: $8,900 5,500 27,500 32,000 Materials cost, 3,000 units Conversion costs, 3,000 units, 80% completed Materials added during April, 10,000 units Conversion costs during April Goods finished during April, 11,500 units April 30 work in process, 1,500 units, 60% completed 0 All direct materials are placed in process at the beginning of the process...
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
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
The following production data were taken from the records of the Finishing Department for January 12,000 Inventory in process, January 1 (60% completed) units Completed units during January 21,000l units Ending inventory (10% complete) 5,000 units Calculate the following: (use the template below as a reference, show your work and clearly label your final answers) 1. Equivalent units for materials: 2. Equivalent units for conversion Equivalent Units UNITS Whole Units Direct Materials Conversion Units to be assigned cost: Beg. Work...
The debits to Work in Process-Assembly Department for April, together with data concerning production, are as follows: April 1, work in process: Materials cost, 3,000 units $ 8,351 Conversion costs, 3,000 units, 40% completed 5,863 Materials added during April, 10,000 units 27,989 Conversion costs during April 30,741 Goods finished during April, 12,000 units 0 April 30 work in process, 1,000 units, 40% completed 0 All direct materials are added at the beginning of the process, and the first-in, first-out method...