Homework Answers
| Janes fabrication dept. | |||||
| FIFO Method: | |||||
| Equivalent Units | |||||
| DM | Conversion costs | ||||
| Whole units | % | Units | % | Units | |
| Opening WIP | 3100 | ||||
| Started | 10000 | ||||
| Total Units to account for | 13100 | ||||
| Opening WIP | 3100 | 0 | 0 | 75 | 2325 |
| Completed and tfd.( 11600 - 3100 ) | 8500 | 100 | 8500 | 100 | 8500 |
| Closing WIP | 1500 | 100 | 1500 | 50 | 750 |
| Total Units to account for ( EUP) | 13100 | 10000 | 11575 | ||
| Option A is correct. | |||||
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how many of the ubits were started and complwted in
october
ane Industries manufactures plastic toys....
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,100 models. During...
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,100 models. During the month, the company completed 11,200 models, and transferred them to the Distribution Department. The company ended the month with 2,200 models in ending inventory. There were 3,300 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed....
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,800 models. During...
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,800 models. During the month, the company completed 11,800 models, and transferred them to the Distribution Department. The company ended the month with 2,000 models in ending inventory. There were 3,000 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed....
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10.200 models. During...
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10.200 models. During the month, the company completed 11.200 models, and transferred them to the Distribution Department. The company ended the month with 2500 models in ending inventory. There were 3500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed....
cost assigned to ending inventory Jane industries manufactures plastic toys. During October Lane's Fabrication Department started...
cost assigned to ending inventory
Jane industries manufactures plastic toys. During October Lane's Fabrication Department started work on 10 000 models. During the month, the company completed 11,400 models, and transferred them to the Distribution Department company ended the month with 2 200 models in ending Inventory. There were 2,700 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformy throughout the production process. The FIFO method...
The Morgan Models company manufacturers replica plastic airplane and motorized vehicle models. During October, the firm’s...
The Morgan Models company manufacturers replica plastic airplane and motorized vehicle models. During October, the firm’s Assembly Department started production of 60,000 models. During the month, the firm completed 66,000 models, and transferred them to Finishing Department. The firm ended the month with 22,000 models in ending inventory. The were 28,000 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO...
Please provide ALL calculations, I really need to understand this for my test tomorrow Jane Industries...
Please provide ALL calculations, I really
need to understand this for my test tomorrow
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,000 models. During the month, the company completed 11,100 models, and transferred them to the Distribution Department. The company ended the month with 2,300 models in ending inventory. There were 3,400 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added...
Prepare the roasting department's process cost summary for October using the FIFO method.
Dengo Co. makes a trail mix in two departments: roasting and blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. During October, the roasting department completed and transferred 25,200 units to the blending department. Of the units completed, 4,500 were from beginning inventory and the remaining 20,700 were started and completed during the month. Beginning work in process was 100%...
Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories,...
Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 4040% converted 250 units Units started during February 960 units Work in process, ending inventory 140 units Costs for Department...
Madge Mobiles Inc., manufactures plastic moldings for truck seats. Its costing system utilizes two cost categories,...
Madge Mobiles Inc., manufactures plastic moldings for truck seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2019 are: Work in process, beginning inventory, 40% converted 200 units Units started during February 800 units Work in process, ending inventory 100 units...
8. Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost...
8.
Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 40% converted 260 units Units started during February 980 units Work in process, ending inventory 200 units Costs for...
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,100 models. During the month, the company completed 11,200 models, and transferred them to the Distribution Department. The company ended the month with 2,200 models in ending inventory. There were 3,300 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed....
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,800 models. During the month, the company completed 11,800 models, and transferred them to the Distribution Department. The company ended the month with 2,000 models in ending inventory. There were 3,000 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed....
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10.200 models. During the month, the company completed 11.200 models, and transferred them to the Distribution Department. The company ended the month with 2500 models in ending inventory. There were 3500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed....
cost assigned to ending inventory
Jane industries manufactures plastic toys. During October Lane's Fabrication Department started work on 10 000 models. During the month, the company completed 11,400 models, and transferred them to the Distribution Department company ended the month with 2 200 models in ending Inventory. There were 2,700 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformy throughout the production process. The FIFO method...
Please provide ALL calculations, I really
need to understand this for my test tomorrow
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,000 models. During the month, the company completed 11,100 models, and transferred them to the Distribution Department. The company ended the month with 2,300 models in ending inventory. There were 3,400 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added...
8.
Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 40% converted 260 units Units started during February 980 units Work in process, ending inventory 200 units Costs for...
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