Work in process, November 1 Materials 79000 Conversion costs 48150 127150 Materials added 1589000 Labor 225920...
| Work in process, November 1 | ||
| Materials | 79000 | |
| Conversion costs | 48150 | 127150 |
| Materials added | 1589000 | |
| Labor | 225920 | |
| Overhead | 337930 |
Production records show that 35,000 units were in beginning work in process 30% complete as to conversion costs, 660,000 units were started into production, and 25,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.
(a) Determine the equivalent units of production and the unit production costs for the Assembly Department
(b) Determine the assignment of costs to goods transferred out and in process
(c) Prepare a production cost report for the Assembly Department
Homework Answers
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Work in process, November 1
Materials
79000
Conversion costs
48150
127150
Materials added
1589000
Labor
225920...
P16.4A (LO 3, 4), AP Rivera Company has several processing departments. Costs charged to the Assembly...
P16.4A (LO 3, 4), AP Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2022 totaled $2,280,000 as follows. Assign costs and prepare production cost report. Work in process, November 1 Materials $79,000 Conversion costs 48,150 $ 127,150 Materials added 1,589,000 Labor 225.920 Overhead 337.930 Production records show that 35,000 units were in beginning work in process 30% complete as to conversion costs, 660,000 units were started into production, and 25,000 units were in ending...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled...
Rivera Company has several processing departments. Costs
charged to the Assembly Department for November 2020 totaled
$2,288,076 as follows.
Work in process, November 1
Materials
$79,000
Conversion costs
48,200
$127,200
Materials added
1,594,520
Labor
225,800
Overhead
340,556
Production records show that 34,600 units were in beginning work in
process 30% complete as to conversion costs, 662,700 units were
started into production, and 24,100 units were in ending work in
process 40% complete as to conversion costs. Materials are entered
at...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,286,318 as follows. Work in process, November 1 Materials $78,900 Conversion costs 48,500 $127,400 Materials added 1,593,420 Labor 226,000 Overhead 339,498 Production records show that 34,800 units were in beginning work in process 30% complete as to conversion costs, 662,000 units were started into production, and 24,300 units were in ending work in process 40% complete as to conversion costs. Materials are entered at...
Determine the assignment of costs to goods transferred out and in process. Costs accounted for: Transferred...
Determine the assignment of costs to goods transferred out and
in process.
Costs accounted for:
Transferred out
$
Work in process, November 30
Materials
$
Conversion costs
Total costs
$
Prepare a production cost report for the Assembly
Department.
RIV
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. $78,800 49,000 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,800 1,599,280 225,800 340,926 Production records show...
Problem 1 Tuxedo Company has several processing departments. Costs charged to the Assembly Department for October...
Problem 1 Tuxedo Company has several processing departments. Costs charged to the Assembly Department for October 2019 totaled $1,298,400 as follows. Work in process, October 1 Materials Conversion costs $29,000 16,500 $ 45,500 Materials added Labor Overhead 1,006,000 138,900 108,000 Production records show that 25,000 units were in beginning work in process 40% complete as to conversion cost, 435,000 units were started into production, and 35,000 units were in ending work in process 40% complete as to conversion costs. Materials...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled...
Rivera Company has several processing departments. Costs
charged to the Assembly Department for November 2020 totaled
$2,288,076 as follows.
Work in process, November 1
Materials
$79,000
Conversion costs
48,200
$127,200
Materials added
1,594,520
Labor
225,800
Overhead
340,556
Production records show that 34,600 units were in beginning work in
process 30% complete as to conversion costs, 662,700 units were
started into production, and 24,100 units were in ending work in
process 40% complete as to conversion costs. Materials are entered
at...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,289,684 as follows. Work in process, November 1 Materials $78,700 48,100 Conversion costs Materials added Labor Overhead $126,800 1,596,500 225,100 341,284 Production records show that 35,400 units were in beginning work in process 30% complete as to conversion costs, 662,600 units were started into production, and 25,400 units were in ending work in process 40% complete as to conversion costs. Materials are entered at...
P21-4B Ignatenko Company has several processing departments. Costs charged to the Assembly Department for October 2012...
P21-4B Ignatenko Company has several processing departments. Costs charged to the Assembly Department for October 2012 totaled $1,249,500 as follows. Work in process, October 1 Materials $29,000 Conversion costs 16,500 $ 45,500 Materials added 1,006,000 Labor 90,000 Overhead 108,000 Production records show that 25,000 units were in beginning work in process 40% complete as to conversion cost, 425,000 units were started into production, and 35,000 units were in ending work in process 40% complete as to conversion costs. Materials are...
Problem 16-04A Rivera Company has several processing departments. Costs charged to the Assembly Department for November...
Problem 16-04A Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,292,384 as follows. Work in process, November 1 Materials $78,900 Conversion costs 48.300 $127,200 Materials added 1,598,460 Labor 225,200 Overhead 341,524 Production records show that 35,200 units were in beginning work in process 30% complete as to conversion costs, 663,700 units were started into production, and 25,900 units were in ending work in process 40% complete as to conversion costs. Materials are...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. $78,800 49,000 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,800 1,599,280 225,800 340,926 Production records show that 34,700 units were in beginning work in process 30% complete as to conversion costs, 664,500 units were started into production, and 25,100 units were in ending work in process 40% complete as to conversion costs. Materials are entered at...
P16.4A (LO 3, 4), AP Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2022 totaled $2,280,000 as follows. Assign costs and prepare production cost report. Work in process, November 1 Materials $79,000 Conversion costs 48,150 $ 127,150 Materials added 1,589,000 Labor 225.920 Overhead 337.930 Production records show that 35,000 units were in beginning work in process 30% complete as to conversion costs, 660,000 units were started into production, and 25,000 units were in ending...
Rivera Company has several processing departments. Costs
charged to the Assembly Department for November 2020 totaled
$2,288,076 as follows.
Work in process, November 1
Materials
$79,000
Conversion costs
48,200
$127,200
Materials added
1,594,520
Labor
225,800
Overhead
340,556
Production records show that 34,600 units were in beginning work in
process 30% complete as to conversion costs, 662,700 units were
started into production, and 24,100 units were in ending work in
process 40% complete as to conversion costs. Materials are entered
at...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,286,318 as follows. Work in process, November 1 Materials $78,900 Conversion costs 48,500 $127,400 Materials added 1,593,420 Labor 226,000 Overhead 339,498 Production records show that 34,800 units were in beginning work in process 30% complete as to conversion costs, 662,000 units were started into production, and 24,300 units were in ending work in process 40% complete as to conversion costs. Materials are entered at...
Determine the assignment of costs to goods transferred out and
in process.
Costs accounted for:
Transferred out
$
Work in process, November 30
Materials
$
Conversion costs
Total costs
$
Prepare a production cost report for the Assembly
Department.
RIV
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. $78,800 49,000 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,800 1,599,280 225,800 340,926 Production records show...
Problem 1 Tuxedo Company has several processing departments. Costs charged to the Assembly Department for October 2019 totaled $1,298,400 as follows. Work in process, October 1 Materials Conversion costs $29,000 16,500 $ 45,500 Materials added Labor Overhead 1,006,000 138,900 108,000 Production records show that 25,000 units were in beginning work in process 40% complete as to conversion cost, 435,000 units were started into production, and 35,000 units were in ending work in process 40% complete as to conversion costs. Materials...
Rivera Company has several processing departments. Costs
charged to the Assembly Department for November 2020 totaled
$2,288,076 as follows.
Work in process, November 1
Materials
$79,000
Conversion costs
48,200
$127,200
Materials added
1,594,520
Labor
225,800
Overhead
340,556
Production records show that 34,600 units were in beginning work in
process 30% complete as to conversion costs, 662,700 units were
started into production, and 24,100 units were in ending work in
process 40% complete as to conversion costs. Materials are entered
at...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,289,684 as follows. Work in process, November 1 Materials $78,700 48,100 Conversion costs Materials added Labor Overhead $126,800 1,596,500 225,100 341,284 Production records show that 35,400 units were in beginning work in process 30% complete as to conversion costs, 662,600 units were started into production, and 25,400 units were in ending work in process 40% complete as to conversion costs. Materials are entered at...
P21-4B Ignatenko Company has several processing departments. Costs charged to the Assembly Department for October 2012 totaled $1,249,500 as follows. Work in process, October 1 Materials $29,000 Conversion costs 16,500 $ 45,500 Materials added 1,006,000 Labor 90,000 Overhead 108,000 Production records show that 25,000 units were in beginning work in process 40% complete as to conversion cost, 425,000 units were started into production, and 35,000 units were in ending work in process 40% complete as to conversion costs. Materials are...
Problem 16-04A Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,292,384 as follows. Work in process, November 1 Materials $78,900 Conversion costs 48.300 $127,200 Materials added 1,598,460 Labor 225,200 Overhead 341,524 Production records show that 35,200 units were in beginning work in process 30% complete as to conversion costs, 663,700 units were started into production, and 25,900 units were in ending work in process 40% complete as to conversion costs. Materials are...
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. $78,800 49,000 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,800 1,599,280 225,800 340,926 Production records show that 34,700 units were in beginning work in process 30% complete as to conversion costs, 664,500 units were started into production, and 25,100 units were in ending work in process 40% complete as to conversion costs. Materials are entered at...
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