Homework Answers
Calculate following costs
| Material | Conversion | Total | ||
| 1 | Cost of ending work in process inventory | 460*2.40 = 1104 | 300*.60 = 180 | 1284 |
| 2 | Cost of unit transferred out | 24770*2.4+2900 = 62348 | 25380*.60+620 = 15848 | 78196 |
Add Answer to:
Exercise 4A-3 Assigning Costs to Units-FIFO Method [LO4-8) Data concerning a recent period's activity in the...
5 Data concerning a recent period's activity in the Assembly Department, the first processing department in...
5 Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Hint Coat of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 4,000 380 640 $ 2.00 Conversion $ 710 190...
concerning a recent period's activity in the Assembly Department, the first processing department in a company...
concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period $ 3,100 640 290 1,110 $ 1.30 % e.60 480 528 A total of...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Materials $ 3,100 440 Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Conversion $ 730 190 1,190 $ 0.60 640 $...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Materials $ 2,800 Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Conversion $ 660 260 1.110 2.60 610 3.30 $ A...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 4,000 460 590 $ 2.80 Conversion $ 650 190 1,170 $...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Hint Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 3,300 499 Gөв $ 1.40 Conversion $ 650 190 1,140...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Materials Conversion Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period 3,700 330 660 $ 1.40 $740 140 1,280 $0.50 A total...
4 Pre-Built Problems i Help Data concerning a recent period's activity in the Assembly Department, the...
4 Pre-Built Problems i Help Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 3,900 430 690 $ 1.70 Conversion...
Data concerning a recent period’s activity in the Assembly Department, the first processing department in a...
Data concerning a recent period’s activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Materials Conversion Cost of work in process inventory at the beginning of the period $ 3,900 $ 730 Equivalent units in the ending work in process inventory 460 150 Equivalent units required to complete the beginning work in process inventory 640 1,170 Cost per equivalent unit for the period $ 2.10 $...
Exercise 4A-9 Equivalent Units; Equivalent Units of Production; Assigning Costs-FIFO Method [LO4-6, LO4-7, LO4-8] Jarvene Corporation...
Exercise 4A-9 Equivalent Units; Equivalent Units of Production; Assigning Costs-FIFO Method [LO4-6, LO4-7, LO4-8] Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company’s processing departments: Units in beginning inventory 430 Units started into production 4,330 Units in ending inventory 270 Units transferred to the next department 4,490 Materials Conversion Percentage completion of beginning inventory 60 % 40 % Percentage completion of ending...
5 Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Hint Coat of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 4,000 380 640 $ 2.00 Conversion $ 710 190...
concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period $ 3,100 640 290 1,110 $ 1.30 % e.60 480 528 A total of...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Materials $ 3,100 440 Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Conversion $ 730 190 1,190 $ 0.60 640 $...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Materials $ 2,800 Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Conversion $ 660 260 1.110 2.60 610 3.30 $ A...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 4,000 460 590 $ 2.80 Conversion $ 650 190 1,170 $...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Hint Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 3,300 499 Gөв $ 1.40 Conversion $ 650 190 1,140...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Materials Conversion Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period 3,700 330 660 $ 1.40 $740 140 1,280 $0.50 A total...
4 Pre-Built Problems i Help Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 3,900 430 690 $ 1.70 Conversion...
Most questions answered within 3 hours.
-
what is employee/ employer relations ?
why is Employee/ Employer relation is important in the context...
asked 17 minutes ago -
Explain the relationship between tests of acquisition and
payment cycle and tests of accounts payable. Give...
asked 16 minutes ago -
A hot-air balloon is descending with a velocity of (−2.00m/s)y^.
A champagne bottle is opened to...
asked 34 minutes ago -
1. When a nearsighted person looks at an object that is in the
distance with their...
asked 1 hour ago -
QUESTION 8
Both of these statements will store the same value in the
variable $number
$number...
asked 2 hours ago -
The price of 1 lb of potatoes is $1.75. If all the potatoes sold
today at...
asked 3 hours ago -
Garcia Company issues 20.00%, 15-year bonds with a par value of
$470,000 and semiannual interest payments....
asked 3 hours ago -
In C++ Programming, Try using loops only.
This lab demonstrates the use of the While Loop...
asked 3 hours ago -
Effect of DCMU and sodium azide on Chlamydomonas? We did an
experiment where we had Chlamydomonas...
asked 4 hours ago -
1a) According to the ideal gas law, _______________.
a. a gas has infinite volume at absolute...
asked 6 hours ago -
Oakdale Fashions, Inc. had $245,000 in 2018 taxable income.
Using the tax schedule in Table 2.3...
asked 6 hours ago -
The marketing class at CSUS had an average score of 150. An
educational analyst determined that...
asked 7 hours ago