Material | Conversion | ||
Units to account for | |||
Beginning Work in process | 0 | ||
Units started | 100000 | ||
Total Units to account for | 100000 | ||
Units accounted for | |||
Units transferred | 90000 | 90000 | 90000 |
Equivalent units in ending WIP | 10000 | 10000 | 4000 |
Total units accounted for | 100000 | ||
Equivalent units of production | 100000 | 94000 | |
Material | Conversion | ||
Cost of beginning work in process | $ - | $ - | |
Cost added during the production | $ 399,000 | $ 274,280 | |
Total Cost | $ 399,000 | $ 274,280 | |
Equivalent units of production | 100000 | 94000 | |
Cost per Equivalent unit | $ 3.99 | $ 2.92 | |
Material | Conversion | ||
Ending Work in process inventory | |||
Equivalent units | 10000 | 4000 | |
Cost per Equivalent unit | $ 3.99 | $ 2.92 | |
Cost of Ending Work in process inventory | $ 39,900 | $ 11,671 | |
Units completed and transferred out | |||
Units transferred | 90000 | 90000 | |
Cost per Equivalent unit | $ 3.99 | $ 2.92 | |
Cost of Units transferred | $ 359,100 | $ 262,609 | |
Costs to be accounted for | |||
Cost of beginning work in process | $ - | ||
Cost added during production | $ 673,280 | ||
Total Costs to be accounted for | $ 673,280 | ||
Costs accounted for as follows | |||
Cost of Ending work in process | $ 51,571 | ||
Cost of Units transferred | $ 621,709 | ||
Total Costs accounted for | $ 673,280 |
Work in Process Inventory | |||
Beginning Balance | $ - | ||
Direct Material | $ 399,000 | $ 621,709 | Cost of Goods Sold |
Direct Labor | $ 139,000 | ||
Manufacturing Overhead | $ 135,280 | ||
Ending Balance | $ 51,571 |
Bee Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added...
Deo Electronics makes game consoles in three processes assembly, programming, and packaging Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly Assembly Department had no Work-in-Process Inventory on October 31. (Click the icon to view additional Information.) Read the requirements Total units accounted for 100.000 100.000 Direct Materials 93.500 Conversion Costs * More Info COSTS Costs to account for Beginning work-in-process Costs added during the period Total costs to account for 0 $...
Dee Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31, (Click the icon to view additional information.) Read the requirements. Requirement 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted average method. (Complete all answer boxes. Enter a "O" for any...
Ashley Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31 (Click the icon to view additional information.) Read the requirements Requirement 1 . Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method. (Complete all answer boxes. Enter a "O" for any...
Dee Electronics makes game consoles in three processes assembly programming and packaging Direct materials are added at the beginning of the sembly process. Conversion costs are inou red evenly throughout the process. The Assembly Department had no Work in Process Inventory on October 31 Click the icon to view additional information) Read the requirements 0 More Info Dee Electronics Production Cost Report-Assembly Department Month Ended November 30 Equivalent Units Physical Direct Conversion Units Materials Costs UNITS Units to count for...
Dee Electronics makes game consoles in the processes assembly, programming and packaging Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout Assembly Department had no Work in Process inventory on October 31 Click the icon to view additional information) Read the recrets Completed and transferred out Ending work proces 90,000 10.000 90.000 10.000 90.000 3.500 100.000 Total units accounted for 100.000 93500 More Info Direct Materials Conversion Costs Total Costs COSTS Costs...
and the RSS Conc e pt More Info Dee Blectronics makes game consoles in three processes assembly programming and packaging Direct mat Assembly Department had no Work in Process invertory on October 31 Click the icon to view additional information) Read the requirements Total costs to account for $ 399.000 $ 269 280 $ 668 Divided by: Total EUP 100.000 23.500 $ 3.99 $ 288 Cost per equivalent unit Costs accounted for Completed and transferred out $ 350,100 $ 259,200...
More Info In mid-November, Dee Electronics started production on 100.000 game consoles Of this number. 90.000 game consoles were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Assembly Department was 35% of the way through the assembly process. Direct materials costing $399,000 were placed in production in Assembly during November, direct labor of $139,000 was assigned, and manufacturing overhead of $130.280 was allocated to that department. Print Print Done Done d...
stion rs in three processes: assembly, programming, and packaging Direct materials are added a nly throughout the process. The Assembly Department had no Work-in-Process Inventory on on 90.000 DVD players. Of this number, 71,000 DVD players were assembled during Noven ovember 30 Work-in-Process Inventory in the Assembly Department was 40% of the way throu slaced in production in Assembly during November, direct labor of $135,500 was assigned and uctid to the 6 Requirements 1. Prepare a production cost report for...
Beth Electronics makes CD players in three processes: assembly, programming, and packaging. The Assembly Department had no Work in process on May 31. During June, the assembly department completed 90,000 CD players. There were 30,000 units in ending inventory which were 60% complete with respect to materials and 30% complete with respect to conversion costs. During June, the assembly department accumulated materials $291,600 and conversion costs of $148,500. (a) Calculate the cost per equivalent unit for materials and conversion costs....
Jlioo 314 P5-29A Preparing a production cost report, no beginning WIP or costs w transferred in P4233 Abby Electronics makes DVD players in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31. In mid-November, Abby Electronics started production on 101,000 DVD players. Of this number, 76,900 DVD players were assembled during November and transferred...