Completed and transferred out production | $132190 |
Inventory in Process, October 31 | $4290 |
Total costs assigned by the Rolling Department | $136480 |
Particular | Amount $ | Amount $ |
---|---|---|
Beginning work in progress: | ||
Cost of beginning work in progress inventory on July | $1720 | |
Add: Conversion cost (2600*$0.95) | $2470 | |
Total beginning work in progress | $4190 | |
Started & completed during the period: | ||
Direct material (64000 x $1.05) | $67200 | |
Conversion Cost (64000 x $0.95) | $60800 | $128000 |
Total cost of stated & completed | $132190 | |
Particular | Amount $ | |
Ending work-in-progress | ||
Direct materials (3000 x $1.05) | $3150 | |
Conversion cost (1200 x $0.95) | $1140 | |
Total cost of ending work in process | $4290 | |
Particular | Amount $ | |
Completed & transferred-out production | $132190 | |
Inventory in process | $4290 | |
Total cost assigned by the rolling department | $136480 |
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $750 and $120, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 0 80 Started and completed during October 3,700 3,700 Transferred out of Rolling (completed) 3,700 3,780 Inventory in process, October 31 300 75 Total units to be...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $0.85 and $2.20, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 3,400 Started and completed during October 67,000 67,000 Transferred out of Rolling completed) 67,000 70,400 Inventory in process, October 31 7,000 4,200 Total units to be assigned...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $0.50 and $1.65, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 0 3,200 Started and completed during October 46,000 46,000 Transferred out of Rolling (completed) 46,000 49,200 Inventory in process, October 31 5,000 2,500 Total units to be...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $1.55 and $0.60, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 0 3,000 Started and completed during October 38,000 38,000 Transferred out of Rolling (completed) 38,000 41,000 Inventory in process, October 31 5,000 3,000 Total units to be...
0 Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $0.35 and $2.20, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 2,800 Started and completed during October 46,000 46,000 Transferred out of Rolling (completed) 46,000 48,800 Inventory in process, October 31 3,000 1,800 Total units to be...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $750 and $120, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion 0 80 Inventory in process, October 1 Started and completed during October Transferred out of Rolling (completed) Inventory in process, October 31 Total units to be assigned costs 3,700 3,700 300 3.700...
COSL or Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $2.10 and $2.50, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 4,100 Started and completed during October 68,000 68,000 Transferred out of Rolling (completed) 68,000 72,100 Inventory in process, October 31 7,000 2,100 Total units to be assigned...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $1.45 and $0.95, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion 0 Inventory in process, October 1 Started and completed during October Transferred out of Rolling (completed) Inventory in process, October 31 5,600 70,000 70,000 70,000 6,000 75,600 2,400 78,000 Total units to...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Oak Ridge Steel Company are $180 and $62, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, July 1 0 225 Started and completed during July 1,900 1,900 Transferred out of Rolling (completed) 1,900 2,125 Inventory in process, July 31 500 200 Total units to...
рр Ch 17 Problem Set Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $0.25 and $2.80, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 0 3,900 Started and completed during October 56,000 56,000 Transferred out of Rolling (completed) 56,000 59,900 Inventory in process, October 31 3,000...