Homework Answers
Answer
- Tons started and completed = Total tons completed – Tons in WIP
Inventory on Jul1
= 65000 tons – 12200 tons
= 52,800 tons Answer
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Units to be Assigned Costs Oak Ridge Steel Company has two departments, Casting and Rolling. In...
Units to be Assigned Costs Oak Ridge Steel Company has two departments, Casting and Rolling. In...
Units to be Assigned Costs Oak Ridge Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 38,100 tons from the Casting Department. During July, the Rolling Department completed 48,000 tons, including 11,400 tons of work in process on July 1. The ending work in process inventory on July 31 was 1,500 tons. How many tons were started and completed during July? tons
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the...
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 65,800 tons from the Casting Department in October. During October, the Rolling Department completed 74,100 tons, including 14,200 tons of work in process on October 1. The ending work in process inventory on October 31 was 5,900 tons. How many tons were started and completed during October? tons
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the...
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 46,000 tons from the Casting Department in October. During October, the Rolling Department completed 59,700 tons, including 17,400 tons of work in process on October 1. The ending work in process inventory on October 31 was 3,700 tons. How many tons were started and completed during October? tons
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the...
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 55,200 tons from the Casting Department in October. During October, the Rolling Department completed 70,000 tons, including 18,700 tons of work in process on October 1. The ending work in process inventory on October 31 was 3,900 tons. How many tons were started and completed during October? tons
BE 17-2 Units to be assigned costs Obi. 2 Department Oak Ridge Steel Company has two...
BE 17-2 Units to be assigned costs Obi. 2 Department Oak Ridge Steel Company has two departments, Casting anel Rolling. In the Rolling Depa ingots trom the Casting Department are rolled into steel sheet. The Rolling Department rece 2,400 tons from the Cast ing De paurtment. During July, the 200 Rolling Department completed2 ts, including 500 tons of work in process un July 1. The ending work in process on July 31 was 500 tons. Heow many tons were started...
Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the...
Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 60,800 tons from the Casting Department in October. During October, the Rolling Department completed 73,900 tons, including 16,700 tons of work in process on October 1. The ending work in process inventory on October 31 was 3,600 tons. How many tons were started and completed during October? tons
Naus Steel Company has two departments. Casting and Rolling. In the Rolling Department, ingots from the...
Naus Steel Company has two departments. Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 4,000 CONS from the Casting Department in October. During October. the Rolling Department completed 3,00 tons, including 200 tons of work in process on October 1. The ending work in process inventory on October 31 was 300 tons. The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process...
Equivalent Units of Materials Cost The Rolling Department of Oak Ridge Steel Company had 4,800 tons...
Equivalent Units of Materials Cost The Rolling Department of Oak Ridge Steel Company had 4,800 tons in beginning work in process inventory (40% complete) on July 1. During July, 80,800 tons were completed. The ending work in process inventory on July 31 was 4,000 tons (80% complete). What are the total equivalent units for direct materials for July if materials are added at the beginning of the process? units
Equivalent Units of Material Cost The Rolling Department of Oak Ridge Steel Company had 4,800 tons...
Equivalent Units of Material Cost The Rolling Department of Oak Ridge Steel Company had 4,800 tons in being work in process inventory (40% complete) on July 1. During July, 79,400 tons were completed. The ending work in process inventory on July 31 was 4,000 tons (30% complete) What are the total equivalent units for direct materials for July if materials are added at the beginning of the process
Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 6,064 tons...
Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 6,064 tons in beginning work in process inventory (40 % complete) on July 1. During July, 75,800 tons were completed. The ending work in process inventory on July 31 was 4,548 tons (80 % complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. units
Units to be Assigned Costs Oak Ridge Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 38,100 tons from the Casting Department. During July, the Rolling Department completed 48,000 tons, including 11,400 tons of work in process on July 1. The ending work in process inventory on July 31 was 1,500 tons. How many tons were started and completed during July? tons
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 46,000 tons from the Casting Department in October. During October, the Rolling Department completed 59,700 tons, including 17,400 tons of work in process on October 1. The ending work in process inventory on October 31 was 3,700 tons. How many tons were started and completed during October? tons
Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 55,200 tons from the Casting Department in October. During October, the Rolling Department completed 70,000 tons, including 18,700 tons of work in process on October 1. The ending work in process inventory on October 31 was 3,900 tons. How many tons were started and completed during October? tons
BE 17-2 Units to be assigned costs Obi. 2 Department Oak Ridge Steel Company has two departments, Casting anel Rolling. In the Rolling Depa ingots trom the Casting Department are rolled into steel sheet. The Rolling Department rece 2,400 tons from the Cast ing De paurtment. During July, the 200 Rolling Department completed2 ts, including 500 tons of work in process un July 1. The ending work in process on July 31 was 500 tons. Heow many tons were started...
Naus Steel Company has two departments. Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 4,000 CONS from the Casting Department in October. During October. the Rolling Department completed 3,00 tons, including 200 tons of work in process on October 1. The ending work in process inventory on October 31 was 300 tons. The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process...
Equivalent Units of Materials Cost The Rolling Department of Oak Ridge Steel Company had 4,800 tons in beginning work in process inventory (40% complete) on July 1. During July, 80,800 tons were completed. The ending work in process inventory on July 31 was 4,000 tons (80% complete). What are the total equivalent units for direct materials for July if materials are added at the beginning of the process? units
Equivalent Units of Material Cost The Rolling Department of Oak Ridge Steel Company had 4,800 tons in being work in process inventory (40% complete) on July 1. During July, 79,400 tons were completed. The ending work in process inventory on July 31 was 4,000 tons (30% complete) What are the total equivalent units for direct materials for July if materials are added at the beginning of the process
Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 6,064 tons in beginning work in process inventory (40 % complete) on July 1. During July, 75,800 tons were completed. The ending work in process inventory on July 31 was 4,548 tons (80 % complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. units
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