Question


Sierra Co. has provided the following information: 25,300 units $ 36,200 $ 32,200 80,800 units Work in Process: Feb 1 (1008 c
0 0
Add a comment Improve this question Transcribed image text
Answer #1

a) Units completed and transferred out = 25300+80800-16600 = 89500

b) Equivalent unit

Material Conversion
Unit transferred out 89500 89500
Ending WIP 16600 16600*20% = 3320
Equivalent unit 106100 92820
Add a comment
Know the answer?
Add Answer to:
Sierra Co. has provided the following information: 25,300 units $ 36,200 $ 32,200 80,800 units Work...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Sierra Co. has provided the following information: 25,200 units $ 36,000 $ 24,900 81,000 units Work...

    Sierra Co. has provided the following information: 25,200 units $ 36,000 $ 24,900 81,000 units Work in Process: Feb 1 (100% complete for materials, 60% complete for conversion) Materials Conversion Units started February costs Materials Conversion Work in Process: Feb 28 (100% complete for materials, 20% complete for conversion) $123,000 $ 246,000 15,600 units Using the weighted average method of process costing, complete each of the following: a. How many units were completed and transferred to Finished Goods? Units completed...

  • Sierra Co. has provided the following information: 9 99 Work in Process: Feb 1 (100% complete...

    Sierra Co. has provided the following information: 9 99 Work in Process: Feb 1 (100% complete for materials, 68% complete for conversion) Materials Conversion Units started February costs Materials Conversion Work in Process: Feb 28 (100% complete for materials, 20% complete for conversion) $ 32,000 80,400 units $129,000 $236,000 15,400 units Using the weighted average method of process costing, complete each of the following: a. How many units were completed and transferred to Finished Goods? Units completed and transferred 91,700...

  • Percent Completed Units Materials Conversion Work-In-Process, Beginning 10,000 60% 30% Started into production 100,000 Completed and...

    Percent Completed Units Materials Conversion Work-In-Process, Beginning 10,000 60% 30% Started into production 100,000 Completed and Transferred Out 95,000 Work-In-Process, Ending ? 60% 20% Work-In-Process, Beginning $22,600 $16,600 Costs added during period $133,400 $81,400 Using the weighted average process costing method what is the ending work-in-process physical units? Percent Completed Units Materials Conversion Work-In-Process, Beginning 10,000 60% 30% Started into production 100,000 Completed and Transferred Out 95,000 Work-In-Process, Ending ? 60% 20% Work-In-Process, Beginning $22,600 $16,600 Costs added during period...

  • Given the following information, determine the equivalent units of ending work in process for materials and...

    Given the following information, determine the equivalent units of ending work in process for materials and conversion under the weighted average method: • beginning inventory of 2,400 units is 100% complete with regard to materials and 60% complete with regard to conversion • 19,000 units were started during the period • 18,600 units were completed and transferred • ending inventory is 100% complete with materials and 65% complete with conversion Equivalent units of ending work in process for Materials Equivalent...

  • Satina Corporation's Department A has the following information: % Completed Costs Beginning Work in Process: 6,000...

    Satina Corporation's Department A has the following information: % Completed Costs Beginning Work in Process: 6,000 Units Direct Materials 100 $43,708 Conversion 40 $35,550 New Units Started: 28,000 units Direct Materials $112,000 Conversion $88,200 Ending Work in Process: 2,000 units Direct Materials 100 Conversion 50 Required: Complete the table below using the weighted-average and FIFO methods Weighted-Average Equivalent Units FIFO Equivalent Units Physical Units Materials Conversion Materials Conversion Beginning WIP Units Started To account for Units Finished Ending WIP Total...

  • Can i get some help? Required information Use the following information for the Exercises below. The...

    Can i get some help? Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) A production department in a process manufacturing system completed its work on 92.000 units of product and transferred them to the next department during a recent period. Of these units, 27.600 were in process at the beginning of the period. The other 64,400 units were started and completed during the period. At period end, 16,600 units...

  • A production department in a process manufacturing system completed its work on 92,000 units of product...

    A production department in a process manufacturing system completed its work on 92,000 units of product and transferred them to the next department during a recent period. Of these units, 27,600 were in process at the beginning of the period. The other 64,400 units were started and completed during the period. At period-end, 16,600 units were in process. Prepare the production department’s equivalent units of production for direct materials under each of three separate assumptions using the weighted-average method for...

  • Problem 2. Production and cost data for the month of February for Process A of the...

    Problem 2. Production and cost data for the month of February for Process A of the Packer manufacturing Company follow: Units in process, February 1 (100% complete with respect to materials; 25% complete with respect to conversion cost).... New units started in process... Units completed........ Units in process, February 28 (100% complete with respect to materials; 1/3 complete with respect to conversion cost)...... 2,000 8,000 7,000 3,000 $600 $100 Work in process inventory, February 1: Materials..... Conversion.... Costs incurred in...

  • Chc 6 Roland Corp. had the following production information for August: 1 points Beginning work in...

    Chc 6 Roland Corp. had the following production information for August: 1 points Beginning work in process Units started and completed Ending work in process 40,000 3,600 eBook Print Roland's ending work in process is 100 percent complete for materials and 28 percent complete for conversion. Roland uses the weighted average costing method and has computed direct materials cost per equivalent unit of $4.50 and conversion cost per equivalent unit of $11.80. References Determine the cost assigned to units transferred...

  • Sparky Corporation uses the weighted-average method of process costing. The following information is available for February...

    Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 110,000. Units completed and transferred out: 135,000. Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $43,000. Costs in beginning Work in Process -...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT