Homework Answers
Answer
- Total cost of units transferred
= (49000 units x 100% complete x $ 1.20) + (49000 units x 100% x $ 4.00)
= 58800 + 196000
= $ 254,800 - Correct Answer = Option #1: $ 254,800
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Walbin Corporation uses...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 19,500 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,800. A total of 56,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.90 for materials and...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 16,500 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $24,600. A total of 50,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.30 for materials and $3.00...
MHE ter 4 Quiz 5 Help Save&Exit Submit Walbin Corporation uses the weighted-average method in its...
MHE ter 4 Quiz 5 Help Save&Exit Submit Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory ina particular department consisted of 13,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $23,200. A total of 43,000 units were transferred out of the department the month. The costs per equivalent unit were computed to...
Walbin Corporation uses theweighted-average method in its process costing system. Thebeginning work in process...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 18,500 units, 100 % complete with respect to materials cost and 20 % complete with respect to conversion costs. The total cost in the beginning work in process inventory was $ 25,400. A total of 54,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $ 1.70...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process...
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 20,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $26,000. A total of 57,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $2.00 for materials and $3.70...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 12,000 units, 100% complete with respect to materials cost and 30% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $22,800. A total of 41,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.40 for materials and...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process in...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 21000 units, 100% complete with respect to materials cost and 40 complete with respect to conversion cous. The total cost in the beginning work in process invertory was $26.400. A total of 50.000 units were transferred out of the department during the month. The costs per equivalent unit were compted to be $2.20 for materials and...
1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department,...
1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,200 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 90,000 units were started into production during the month. There were 23,000 units in the ending work in process inventory of the Welding Department that...
can someone help me with this practice problem i cant seem to figure it out Kurtulus...
can
someone help me with this practice problem i cant seem to figure it
out
Kurtulus Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: $ $ Bee 7,200 2,500 55% 25% Beginning work in process inventory: Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production...
can someone please help with this practice problem Annenbaum Corporation uses the weighted average method in...
can
someone please help with this practice problem
Annenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,800 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 65% 45% Cost $7,1ee $8,200 Materials costs Conversion costs A total of 9,300 units were started and 7.300 units were transferred to the second processing department during the month. The following costs...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 19,500 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,800. A total of 56,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.90 for materials and...
MHE ter 4 Quiz 5 Help Save&Exit Submit Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory ina particular department consisted of 13,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $23,200. A total of 43,000 units were transferred out of the department the month. The costs per equivalent unit were computed to...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 12,000 units, 100% complete with respect to materials cost and 30% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $22,800. A total of 41,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.40 for materials and...
Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 21000 units, 100% complete with respect to materials cost and 40 complete with respect to conversion cous. The total cost in the beginning work in process invertory was $26.400. A total of 50.000 units were transferred out of the department during the month. The costs per equivalent unit were compted to be $2.20 for materials and...
can
someone help me with this practice problem i cant seem to figure it
out
Kurtulus Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: $ $ Bee 7,200 2,500 55% 25% Beginning work in process inventory: Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production...
can
someone please help with this practice problem
Annenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,800 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 65% 45% Cost $7,1ee $8,200 Materials costs Conversion costs A total of 9,300 units were started and 7.300 units were transferred to the second processing department during the month. The following costs...
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