The ones with the red asterisks are the incorrect values. So please I need the correct values for those ones thanks
(a)
Units in Process at beginning of period |
5000 |
Units placed in production during period |
108000 |
Less units finished during period |
(105500) |
Units in process at ending of period |
7500 |
(b)
Percent completed this period |
Equivalent Units |
|||
Whole Units |
Direct Materials |
Conversion |
||
Inventory in Process, Beginning |
65% |
5000 |
0 |
3250 |
Started & completed |
100500 |
100500 |
100500 |
|
Transferred to finished goods |
105500 |
100500 |
103750 |
|
Inventory in process ending |
45% |
7500 |
7500 |
3375 |
Total Units |
113000 |
108000 |
107125 |
(c)
Costs |
||
Direct Materials |
Conversion |
|
Total cost for period in assembly dept |
$162000 |
$192825 |
Divided by total equivalent units |
108000 |
107125 |
Cost per equivalent unit |
$1.50 |
$1.80 |
(d)
Cost of the units started and completed during the period: |
|
Direct materials unit cost |
$1.50 |
Conversion unit cost |
$1.80 |
Total unit cost |
$3.30 |
X Units started and completed |
100500 |
Cost of units started and completed |
$331650 |
The ones with the red asterisks are the incorrect values. So please I need the correct...
The red asterisks are the ones that are incorrect. so I need the correct values. Thanks EX 20-11 Equivalent units of production and related costs The charges to Work in Process---Assembly Department for a period, together with infor mation concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process- Assembly Department Bal., 5,000 units, 35% completed 10,475 To Finished Goods, 105,500 units Direct materials, 108,000 units @ $1.50 162,000 Direct...
EX 20-11 Equivalent units of production and related costs The charges to Work in Process Assembly Department for a period, together with infor mation concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process- Assembly Department Bal., 5,000 units, 35% completed 10,475 To Finished Goods, 105,500 units Direct materials, 108,000 units @ $1.50 162,000 Direct labor 145,300 Factory overhead 47,525 Bal.? units, 45% completed Determine the following: a. The number...
its EX 20-11 Equivalent units of production and related costs The charges to Work in Process-Assembly Department for a period, together with infor mation concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process- Assembly Department Bal, 5,000 units, 35% completed 10,475 To Finished Goods, 105,500 units Direct materials, 108,000 units $1.50 162,000 Direct labor 145,300 Factory overhead 47,525 Bal? units, 45% completed Determine the following: a. The number of...
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production Work in Process-Assembly Department 14,775 To Finished Goods, 115,000 units Bal., 5,000 units, 35% completed 212,400 Direct materials, 118,000 units @ $1.8 297,500 115,675 Direct labor Factory overhead Bal. ? units, 60% completed Determine the following: a. The number of units in work in process inventory at the end of...
The charges to Work in Process-Assembly Department for a period, together with informat concerning production, are as follows. All direct materials are placed in process at the begin production Work in Process-Assembly Department Bal., 9,000 units, 40% completed 72,360 To Finished Goods, 41,500 units Direct materials, 40,000 units @ $6.80 272,000 Direct labor 80,000 Factory overhead 40,450 Bal., ? units, 30% completed Determine the following: a. The number of units in work in process inventory at the end of the...
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production Work in Process-Assembly Department Bal., 3,000 units, 40% completed Direct materials, 71,000 units @ $1.3 Direct labor Factory overhead Bal. 2 units, 80% completed 6,300 92,300 To Finished Goods, 69,000 units 113,700 44,260 Determine the following a. The number of units in work in process inventory at the end of...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in pro production. Work in Process-Assembly Department Bal., 6,000 units, 55% completed Direct materials, 141,000 units $1.3 Direct labor Factory overhead Bal, 2 units, 40% completed 19,350 183,300 To Finished Goods, 138,000 units 378,400 147,140 Determine the following a. The number of units in work in process inventory at the...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 2,000 units, 75% completed 6,500 To Finished Goods, 46,000 units Direct materials, 47,000 units @ 61,100 $1.30 Direct labor 93,300 Factory overhead 36,340 Bal. ? units, 60% completed Determine the following: a. The number of units in work...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 9,000 units, 75% completed 27,000 To Finished Goods, 207,000 units Direct materials, 212,000 units @ 318,000 $1.5 Direct labor 334,900 Factory overhead 130,290 Bal. ? units, 80% completed Determine the following: a. The number of units in work...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 9,000 units, 40% completed 72,360 To Finished Goods, 41,500 units ? Direct materials, 40,000 units @ $6.80 272,000 Direct labor 80,000 Factory overhead 40,450 Bal., ? units, 30% completed ? Determine the following: a. The number of units...