Homework Answers
| Weighted average method : | |
| Beginning work in process units | 91000 |
| (+) Units started during May | 311000 |
| (-) Ending work in process units | 89000 |
| Units completed and transferred out | 313000 |
| Materials | Conversion | |
| Units completed and transferred out | 313000 | 313000 |
| (+) Equivalent ending work in process [ Ending work in process units * % Completion ] | 89000 | 53400 |
| Equivalent units of production | 402000 | 366400 |
| Materials | Conversion | |
| Beginning work in process cost | 117390 | 57330 |
| (+) Cost added during May | 465510 | 217470 |
| Total cost | 582900 | 274800 |
| (/) Equivalent units of production | 402000 | 366400 |
| Cost per equivalent unit | 1.45 | 0.75 |
| Materials | Conversion | Total | |
| Cost of units completed and transferred out [ Units completed and transferred out * Cost per equivalent unit ] | 453850 | 234750 | 688600 |
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Work in Process-Grinding Department Completed and transferred to the Mixing Department ? Inventory, May 1 Materials...
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Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 220,220 Completed and transferred to the Mixing Department ? Materials 525,610 Conversion 327,830 Inventory, May 31 ? The May 1 work in process inventory consisted of 121,000 pounds with...
The May 1 work-in-process inventory was 100% complete with respect to materials and 30% complete with respect to conversion
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below:The May 1 work-in-process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 167000 pounds were started into production. The May 31 inventory consisted of 15.000 pounds that were...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments ---Grinding, Mixing, and...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments ---Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Inventory, May 1 Work in Process-Grinding Department 296,010 Completed and transferred to the Mixing Department 545,190 354,120 ? Materials Conversion Inventory, May 31 es The May 1 work in process inventory consisted of 117,000 pounds...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking....
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 171,360 Completed and transferred to the Mixing Department ? Materials 405,020 Conversion 175,260 Inventory, May 31 ? The May 1 work in process inventory consisted of 102,000 pounds with...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking....
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 188,670 Completed and transferred to the Mixing Department ? Materials 625,400 Conversion 353,320 Inventory, May 31 ? The May 1 work in process inventory consisted of 57,000 pounds with...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking....
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process-Grinding Department Completed and transferred Inventory, May 1 21,800 to the Mixing Department Materials 133,400 Conversion 225,500 Inventory, May 31 The May 1 work in process inventory consisted of 18,000 pounds with $14,600 in...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking....
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 491,780 Completed and transferred to the Mixing Department ? Materials 859,040 Conversion 535,175 Inventory, May 31 ? The May 1 work in process inventory consisted of 134,000 pounds with...
Inventory, May 1 Work in Process-Grinding Department 286,200 Completed and transferred to the Mixing Department 551,030 331,442 Materials Conversion Inventory, May 31 points The May 1 work in process inventory consisted of 108,000 pounds with $171,720 in materials cost and $114,480 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 305,000 pounds were started into production. The May 31 inventory consisted of 117,000...
Check my work Problem 4-14 Analysis of Work in Process T-account-Weighted Average Method [LO4-1, LO4-2, L04-3, LO4-4) points Skipped Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding. Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T- account for the Grinding Department for May is given below: eBook Work in Process-Grinding Department Print References Completed and transferred to the Mixing Department Inventory, May...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below:The May 1 work-in-process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 167000 pounds were started into production. The May 31 inventory consisted of 15.000 pounds that were...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments ---Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Inventory, May 1 Work in Process-Grinding Department 296,010 Completed and transferred to the Mixing Department 545,190 354,120 ? Materials Conversion Inventory, May 31 es The May 1 work in process inventory consisted of 117,000 pounds...
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