Homework Answers
Answer
- Total number of units to be assigned cost
= Unit transferred + Ending WIP units
= 16000 + 1800
= 17,800 units - Correct Answer = Option [B] 17800 units
- These 17800 units will be used to calculate equivalent units and based on that the total cost will be assigned.
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QUESTION 17 Department Whad 2,400 units, one-third completed at the beginning of the period; 16,000 units...
Department w had 2,400 units, one-third completed at the beginning of the period, 16,000 units were...
Department w had 2,400 units, one-third completed at the beginning of the period, 16,000 units were transferred to Department X from Department w during the period, and 1.500 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs. 38. What are the total gross number of units to be assigned cost on the cost of production report for Department a b. c. d. 12.000 units 13,600 units 18. 500...
Department W had 2,580 units, one-third completed at the beginning of the period; 13,200 units were...
Department W had 2,580 units, one-third completed at the beginning of the period; 13,200 units were transferred to Department X from Department W during the period; and 1,600 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs. The equivalent units of production used to compute unit conversion cost on the cost of production report for Department W, assuming the company uses FIFO, are a.13,140 units b.17,380 units c.12,340...
Use this information about Department W to answer the question that follow. Department W had 2,700 units, one-third comp...
Use this information about Department W to answer the question that follow. Department W had 2,700 units, one-third completed at the beginning of the period. 13,700 units were transferred to Department X from Department W during the period, and 1,200 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs. What is the total number of units to be assigned costs on the cost of production report for Department...
12clin addi During the period, labor costs incurred on account amoun to $250,000 for production orders...
12clin addi During the period, labor costs incurred on account amoun to $250,000 for production orders and 50,000 for general factory use. In addition, factory overhead Select the to production. a. b. applied to production was $23,000 appropriate journal entry to record the factory overhead applied Deb it Work-in-Process $23,000; Credit Factory Overhead $23,000 Debit Work-in-Process $50,000; Credit Factory Overhead $50,000. Debit Factory Overhead $23,000; Credit Work-in-Process $23,000. Debit Factory Overhead $50,000; Credit Work-in-Process $50,000. C. d. Department W had...
Zee Corporation had 3,600 units one-third completed at the beginning of the period, 12,000 units were...
Zee Corporation had 3,600 units one-third completed at the beginning of the period, 12,000 units were completed and transferred during the period, 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period ($8 per unit for Direct Materials): $37,200 Costs added during period: Direct materials $83,200 Direct labor 62,000 Factory overhead 24,800 Assume that all direct...
Department G had 2,400 units 25% completed at the beginning of the period, 12,800 units were...
Department G had 2,400 units 25% completed at the beginning of the period, 12,800 units were completed during the period; 2,000 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $35,000 Costs added during period: Direct materials (12,400 units at $9) 111,600 Direct labor 81,000 Factory overhead 27,000 All direct materials are placed in process at the...
Department G had 1,800 units 25% completed at the beginning of the period, 13,900 units were...
Department G had 1,800 units 25% completed at the beginning of the period, 13,900 units were completed during the period; 1,500 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $33,400 Costs added during period: Direct materials (13,600 units at $8) 108,800 Direct labor 88,200 Factory overhead 29,400 All direct materials are placed in process at the...
Zee Corporation had 3,600 units one-third completed at the beginning of the period, 12,000 units were...
Zee Corporation had 3,600 units one-third completed at the beginning of the period, 12,000 units were completed and transferred during the period, 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period ($8 per unit for Direct Materials): $37,200 Costs added during period: Direct materials $83,200 Direct labor 62,000 Factory overhead 24,800 Assume that all direct...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600 units completed during the period, and 1,000 units 39% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,000 b. 8,546 c. 9,546 d. 3.155
Question 3 1 pts Department G had 3.600 units, one-third completed at the beginning of the...
Question 3 1 pts Department G had 3.600 units, one-third completed at the beginning of the period, 12.000 units were completed during the period. 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: $30,000 Work in process, beginning of period Costs added during period: Direct materials (10,400 at $8) Direct labor Factory overhead 83,200 62.000 24.800 Assuming that all direct materials...
Department w had 2,400 units, one-third completed at the beginning of the period, 16,000 units were transferred to Department X from Department w during the period, and 1.500 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs. 38. What are the total gross number of units to be assigned cost on the cost of production report for Department a b. c. d. 12.000 units 13,600 units 18. 500...
12clin addi During the period, labor costs incurred on account amoun to $250,000 for production orders and 50,000 for general factory use. In addition, factory overhead Select the to production. a. b. applied to production was $23,000 appropriate journal entry to record the factory overhead applied Deb it Work-in-Process $23,000; Credit Factory Overhead $23,000 Debit Work-in-Process $50,000; Credit Factory Overhead $50,000. Debit Factory Overhead $23,000; Credit Work-in-Process $23,000. Debit Factory Overhead $50,000; Credit Work-in-Process $50,000. C. d. Department W had...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600 units completed during the period, and 1,000 units 39% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,000 b. 8,546 c. 9,546 d. 3.155
Question 3 1 pts Department G had 3.600 units, one-third completed at the beginning of the period, 12.000 units were completed during the period. 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: $30,000 Work in process, beginning of period Costs added during period: Direct materials (10,400 at $8) Direct labor Factory overhead 83,200 62.000 24.800 Assuming that all direct materials...
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