Homework Answers
Answer: 28960
Explanation
Equivalent units for conversion costs for the current period = Units Transferred Out + Units of ending work in process
= (32,200 - 10,800) + (10,800 x 70%)
= 21,400 + 7,560
= 28,960 units
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Multiple choice Question 56 Oriole and Miller Manufacturing is trying to determine the equivalent units for...
Barnes and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 10,000...
Barnes and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 10,000 units of ending work in process at 80% completion and 28,000 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period?
Question 19 5 pts Grimm Manufacturing is trying to determine the equivalent units for conversion costs...
Question 19 5 pts Grimm Manufacturing is trying to determine the equivalent units for conversion costs with 15,000 units of ending work in process at 40% completion when there is a total 45,000 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period? O 51,000 O 60,000 0 36,000 O 45,000
Waterway Manufacturing is trying to determine the equivalent units for conversion costs with 2700 units of...
Waterway Manufacturing is trying to determine the equivalent
units for conversion costs with 2700 units of ending Work in
Process at 70% completion and 15500 physical units that are 100%
complete as to materials. There are no beginning units in the
department. Materials are added at the beginning of the process,
and conversion costs occur evenly throughout the entire production
period. What are the equivalent units for conversion costs for the
current period if the weighted-average method is used?
18200...
Part A In a process cost system, units to be accounted for in a department are...
Part A
In a process cost system, units to be accounted for in a
department are equal to the
units in the beginning inventory plus the units started or
transferred into the department.
number of units transferred out of the department.
ending inventory plus the units started or transferred into the
department.
number of units started or transferred into the department.
Part B
Sheffield and Miller Manufacturing is trying to determine the
equivalent units for conversion costs with 11900 units...
Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and...
Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and Cutting Department shows 4000 machine hours for the period. If the overhead rate is $3 per machine hour, the entry to assign overhead will show a O debit to Work in Process for $12000. O credit to Manufacturing Overhead for $19410. O credit to Work in Process-Cutting Department for $12000. O debit to Manufacturing Overhead for $19410. Coronado and Miller Manufacturing is trying to...
Waterway Company decided to analyze certain costs for June of the current year. Units started into...
Waterway Company decided to analyze certain costs for June of the current year. Units started into production equaled 28300 and ending work in process equaled 4000 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20% complete and total conversion costs equaled $128010? O$3.96. $4.52. $5.10 O$2.55 Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and Cutting Department shows 4000...
In the month of June, a department had 20900 units in beginning work in process that were 65% complete. During June, 89...
In the month of June, a department had 20900 units in beginning work in process that were 65% complete. During June, 89600 units were started into production. At the end of June there were 10200 units in ending work in process that were 45% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the department in June? O 100300 units. 089600 units. O...
Equivalent units of production are equal to: Multiple Choice O The number of units that could...
Equivalent units of production are equal to: Multiple Choice O The number of units that could have been started and completed given the costs incurred during the period. The number of finished units actually produced during a period. The number of units started into the process during a period. The number of units still in process at the end of a period. Physical units that were started and completed during a period
Multiple Choice Question 116 Marigold Company had the following department Information for the month: Total materials...
Multiple Choice Question 116 Marigold Company had the following department Information for the month: Total materials costs Equivalent units of materials Total conversion costs Equivalent units of conversion costs $52000 10000 $77000 25000 What is the total manufacturing cost per unit? $8.28. $3.69 O $5.20. 0 $3.08.
Multiple Choice Question 123 Crane Industries has 7000 equivalent units of production for both materials and...
Multiple Choice Question 123 Crane Industries has 7000 equivalent units of production for both materials and for conversion costs. Total manufacturing costs are $111000. Total materials costs are $90000. How much is the conversion cost per unit? $28.71. O $15.06. $12.86. $3.00.
Question 19 5 pts Grimm Manufacturing is trying to determine the equivalent units for conversion costs with 15,000 units of ending work in process at 40% completion when there is a total 45,000 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period? O 51,000 O 60,000 0 36,000 O 45,000
Waterway Manufacturing is trying to determine the equivalent
units for conversion costs with 2700 units of ending Work in
Process at 70% completion and 15500 physical units that are 100%
complete as to materials. There are no beginning units in the
department. Materials are added at the beginning of the process,
and conversion costs occur evenly throughout the entire production
period. What are the equivalent units for conversion costs for the
current period if the weighted-average method is used?
18200...
Part A
In a process cost system, units to be accounted for in a
department are equal to the
units in the beginning inventory plus the units started or
transferred into the department.
number of units transferred out of the department.
ending inventory plus the units started or transferred into the
department.
number of units started or transferred into the department.
Part B
Sheffield and Miller Manufacturing is trying to determine the
equivalent units for conversion costs with 11900 units...
Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and Cutting Department shows 4000 machine hours for the period. If the overhead rate is $3 per machine hour, the entry to assign overhead will show a O debit to Work in Process for $12000. O credit to Manufacturing Overhead for $19410. O credit to Work in Process-Cutting Department for $12000. O debit to Manufacturing Overhead for $19410. Coronado and Miller Manufacturing is trying to...
Waterway Company decided to analyze certain costs for June of the current year. Units started into production equaled 28300 and ending work in process equaled 4000 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20% complete and total conversion costs equaled $128010? O$3.96. $4.52. $5.10 O$2.55 Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and Cutting Department shows 4000...
In the month of June, a department had 20900 units in beginning work in process that were 65% complete. During June, 89600 units were started into production. At the end of June there were 10200 units in ending work in process that were 45% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the department in June? O 100300 units. 089600 units. O...
Equivalent units of production are equal to: Multiple Choice O The number of units that could have been started and completed given the costs incurred during the period. The number of finished units actually produced during a period. The number of units started into the process during a period. The number of units still in process at the end of a period. Physical units that were started and completed during a period
Multiple Choice Question 116 Marigold Company had the following department Information for the month: Total materials costs Equivalent units of materials Total conversion costs Equivalent units of conversion costs $52000 10000 $77000 25000 What is the total manufacturing cost per unit? $8.28. $3.69 O $5.20. 0 $3.08.
Multiple Choice Question 123 Crane Industries has 7000 equivalent units of production for both materials and for conversion costs. Total manufacturing costs are $111000. Total materials costs are $90000. How much is the conversion cost per unit? $28.71. O $15.06. $12.86. $3.00.
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