Homework Answers
TOTAL COSTS TO BE ACCOUNTED FOR = 33000 + 1044000 = $137,400
No. of equivalent units = Completed and transferred out + ending inventory
= 225000+115000 = 340000 units
COST PER EQUIVILENT UNIT = $137,400 / 340000 = $0.40 per unit
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The following information pertains to the Moline Facility for the month of May (all materials are...
The following information pertains to the Moline Facility for the month of May (all materials are...
The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Units Material Costs Beginning work in process 90,000 $ 29,000 Started in May 250,000 106,800 Units completed 265,000 Ending work in process 75,000 Required: Compute the cost per equivalent unit for materials using the weighted-average method. (Round "Cost per equivalent unit" answer to 2 decimal places.)
0% completion The following information pertains to the Moline Facility for the month of May (all...
0% completion
The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Beginning work in process Started in May Units completed Ending work in process Units Material Costs 110,000 $ 28,000 260,000 110,400 230,000 140,000 Required: Compute the cost per equivalent unit for materials using the FIFO method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent...
The following Information pertains to the Moline Facility for the month of May (all materials are...
The following Information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Units 90,00 230,eee 250,00 70,000 Material Costs $ 37,000 113,209 Beginning work in process Started in May Units completed Ending work in process Required: Compute the cost per equivalent unit for materials using the welghted average method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit
The following information pertains to the Moline Facility for the month of May (all materials are...
The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process) Beginning work in process Started in May Units completed Ending work in process Units Material Costs 70,000 $29,000 270,000 99,000 245,000 95,000 Required: Compute the cost per equivalent unit for materials using the weighted average method. (Round "Cost per equivalent unit answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit
The following information pertains to the Moline Facility for the month of May (all materials are...
The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Beginning work in process Started in May Units completed Ending work in process Units Material Costs 80,000 $ 32,000 280,000 100,400 255,000 105,000 Required: Compute the cost per equivalent unit for materials using the weighted average method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit
5. The following information pertains to the Moline Facility for the month of May (all materials are added at the beginn...
5. The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Units Material Costs Beginning work in process 80,000 $ 29,000 Started in May 280,000 97,800 Units completed 260,000 Ending work in process 100,000 Required: Compute the cost per equivalent unit for materials using the weighted-average method. (Round "Cost per equivalent unit" answer to 2 decimal places.)
8-28. Compute Costs per Equivalent Unit: Weighted-Average Method The following information pertains to the Moline Facility...
8-28. Compute Costs per Equivalent Unit: Weighted-Average Method The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process). (CPA adapted) (LO 8-3 Units Material Costs Beginning work in process Started in May. Units completed Ending work in process 54,000 144,000 153,000 45,000 $148,500 475,200 Required Compute the cost per equivalent unit for materials using the weighted average method. 8-29. Compute Costs per Equivalent Unit: FIFO Method Refer...
Exercise 8-29 (Static) Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) The following information pertains...
Exercise 8-29 (Static) Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Units Material Costs Beginning work in process 54,000 $ 148,500 Started in May 144,000 475,200 Units completed 153,000 Ending work in process 45,000 Required: Compute the cost per equivalent unit for materials using the FIFO method. (Round "Cost per equivalent unit" answer to 2 decimal...
please show all work thanks Required information Use the following information for the Exercises below The...
please show all work thanks
Required information Use the following information for the Exercises below The following information applies to the questions displayed below.j The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion Direct Equivalent Units of Production Units transferred out Units...
Tamar Co. manufactures a single product in two departments.All direct materials are added at the beginning...
Tamar Co. manufactures a single product in two departments.All
direct materials are added at the beginning of the Forming
process...
Required Information The following information applies to the questions displayed below.) Tamar Co. manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 24,300 units, and transferred 25,200 units of product to the Assembly department. Its 3,600...
0% completion
The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Beginning work in process Started in May Units completed Ending work in process Units Material Costs 110,000 $ 28,000 260,000 110,400 230,000 140,000 Required: Compute the cost per equivalent unit for materials using the FIFO method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent...
The following Information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Units 90,00 230,eee 250,00 70,000 Material Costs $ 37,000 113,209 Beginning work in process Started in May Units completed Ending work in process Required: Compute the cost per equivalent unit for materials using the welghted average method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit
The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process) Beginning work in process Started in May Units completed Ending work in process Units Material Costs 70,000 $29,000 270,000 99,000 245,000 95,000 Required: Compute the cost per equivalent unit for materials using the weighted average method. (Round "Cost per equivalent unit answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit
The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Beginning work in process Started in May Units completed Ending work in process Units Material Costs 80,000 $ 32,000 280,000 100,400 255,000 105,000 Required: Compute the cost per equivalent unit for materials using the weighted average method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit
8-28. Compute Costs per Equivalent Unit: Weighted-Average Method The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process). (CPA adapted) (LO 8-3 Units Material Costs Beginning work in process Started in May. Units completed Ending work in process 54,000 144,000 153,000 45,000 $148,500 475,200 Required Compute the cost per equivalent unit for materials using the weighted average method. 8-29. Compute Costs per Equivalent Unit: FIFO Method Refer...
please show all work thanks
Required information Use the following information for the Exercises below The following information applies to the questions displayed below.j The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion Direct Equivalent Units of Production Units transferred out Units...
Tamar Co. manufactures a single product in two departments.All
direct materials are added at the beginning of the Forming
process...
Required Information The following information applies to the questions displayed below.) Tamar Co. manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 24,300 units, and transferred 25,200 units of product to the Assembly department. Its 3,600...
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