Question

The Fremont Company uses the weighted-average method in its process costing system. The company recorded 49,500...

The Fremont Company uses the weighted-average method in its process costing system. The company recorded 49,500 equivalent units for conversion costs for November in a particular department. There were 8,000 units in the ending work-in-process inventory on November 30, 80% complete with respect to conversion costs. The November 1 work-in-process inventory consisted of 10,000 units, 50% complete with respect to conversion costs. A total of 45,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:

Multiple Choice

  • 47,000 units.

  • 44,100 units.

  • 43,000 units.

  • 40,000 units.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Option (C.) is Correct - 43,000 units Explaination : Units Started into Production : Ending Work in Process inventory Add: un

Add a comment
Know the answer?
Add Answer to:
The Fremont Company uses the weighted-average method in its process costing system. The company recorded 49,500...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 1) The Werner Corporation uses the weighted-average method in its process costing system. The company recorded...

    1) The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent units for conversion costs for November in a particular department. There were 6,000 units in the ending work in process inventory on November 30 which were 60% complete with respect to conversion costs. The November 1 work in process inventory consisted of 5,000 units which were 40% complete with respect to conversion costs. A total of 22,000 units were completed and transferred...

  • Pepper Company uses the weighted average method in its process costing system. The following information was...

    Pepper Company uses the weighted average method in its process costing system. The following information was available for one of its processing departments: • The beginning works in process inventory consisted of 6,000 units, which were 75% complete with respect to conversion costs. • The department started 59,000 units in production during the current month. • A total of 50,000 units were completed and transferred out of that department during the current month. • The ending work in process inventory...

  • Question #5 Morgan Company uses the weighted average method in its process costing system. For a...

    Question #5 Morgan Company uses the weighted average method in its process costing system. For a particular department, the company had 108,000 equivalent units of production with respect to conversion costs in March. There were 15.000 units in the department's beginning ry, two thirds complete with respect to conversion costs. During March, 105.000 units were started and 100,000 were completed and transferred out of the department. The ending work in process inventory in the department: A. consisted of 5,000 units...

  • 1. The Richmond Corporation uses the weighted-average method in its process costing system. The company has...

    1. The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted of 21,200 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for August was $3.55 for materials and $5.05 for labor and overhead, the total...

  • 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...

  • Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...

    Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,500 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete Cost $6,100 $9,400 Materials costs Conversion costs 60 55% A total of 9,150 units were started and 8,000 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the...

  • Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...

    Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 2,300 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 7,400 50% Conversion costs $ 3,600 20% A total of 8,700 units were started and 8,000 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...

  • Harker Corporation uses the weighted-average method in its process costing system. The first processing department, the...

    Harker Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 16,000 units in its beginning work in process inventory that were 40% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $29,440. An additional 59,000 units were started into production during the month and 61,000 units were completed in the Welding Department and transferred to the next processing department. There...

  • Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning...

    Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1.600 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $6,700 508 Conversion costs $ 2,900 203 A total of 8,000 units were started and 7,300 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...

  • Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process...

    Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,200 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,000. During the period, 9,200 units were completed and transferred on to the next department. The costs per equivalent unit for the period were...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT