Homework Answers
Option A
| Total | Material | Conversion cost | |
| Beginning WIP | 23200 | ||
| Units started | 128500 | ||
| unit to account for | 151700 | ||
| Units completed and transferred out | 108700 | 108700 | 108700 |
| Ending WIP | 43000 | 43000 | 25800 |
| Total equivalent units | 151700 | 134500 | |
| Material | Conversion cost | ||
| Beginning WIP | 37000 | 23500 | |
| Costs for the period | 385100 | 271125 | |
| total | 422100 | 294625 | |
| equivalent units | 151700 | 134500 | |
| Cost per equivalent units | 2.78 | 2.19 | |
| Total cost for goods tfd out | 540239 | 108700*(2.78+2.19) |
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At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 20,200 units 130,500 units 107,700 units 43,000 units $30,000 $22,500 $393,100 $271,125 What is the cost per equivalent unit for direct materials? (Round your final...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending 60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 22,200 units 128,500 units 116,700 units 34,000 units $39,000 $29,500 $389,100 $262,125 What is the total cost of units remaining in ending WIP? (Round intermediate...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 21,200 units 121,500 units 108,700 units 34,000 units $35,000 $25,500 $384,100 $270,125 What is the cost per equivalent unit for conversion costs? (Round your final...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 28,200 units 123,500 units 106,700 units 45,000 units $35,000 $22,500 $384,100 $271,125 What are the total equivalent units for direct materials? OA. 134,900 OB. 133,700...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP con Costs of materials added Costs of conversion added 26,200 units 129,500 units 109,700 units 46,000 units $35,000 $22,500 $384,100 $271,125 What are the total equivalent units for conversion costs? O A. 137,300 OB. 155700...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $35,000 $28,250 $393,100 $271,125 22,200 units 128,500 units 109,700 units 41,000 units What is the total cost of units completed and transferred out? (Round intermediate...
At Trapeze Corporation direct materials are added at the beginning of the process and conversions costs...
At Trapeze Corporation direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (50% for conversion) Units started Units completed and ansferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 23,200 units 121,500 units 109 700 units 35,000 units $40,000 $27,500 $393, 100 $263.125 What is the total cost of units remaining in ending WIP?...
10. At Opal Incorporated, direct materials are added at the beginning of the process and conversions...
10. At Opal Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (70% for conversion) 22 comma 200 units Units started 153 comma 000 units Units completed and transferred out 119 comma 000 units WIP ending (50% for conversion) 56 comma 200 units Beginning WIP direct materials $ 51 comma 200 Beginning WIP conversion costs $ 32 comma 200 Costs of materials added $ 434 comma 100...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $32,000 $32,000 $384,100 $387,100 28,200 units 129,500 units 108,700 units 49,000 units What is the cost per equivalent unit for conversion costs? O A. $2.66...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $33,000 $23,250 $394,100 $273,125 24,200 units 121,500 units 110,700 units 35,000 units What is the total cost of units remaining in ending WIP? (Round intermediate...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 20,200 units 130,500 units 107,700 units 43,000 units $30,000 $22,500 $393,100 $271,125 What is the cost per equivalent unit for direct materials? (Round your final...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending 60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 22,200 units 128,500 units 116,700 units 34,000 units $39,000 $29,500 $389,100 $262,125 What is the total cost of units remaining in ending WIP? (Round intermediate...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 21,200 units 121,500 units 108,700 units 34,000 units $35,000 $25,500 $384,100 $270,125 What is the cost per equivalent unit for conversion costs? (Round your final...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 28,200 units 123,500 units 106,700 units 45,000 units $35,000 $22,500 $384,100 $271,125 What are the total equivalent units for direct materials? OA. 134,900 OB. 133,700...
At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP con Costs of materials added Costs of conversion added 26,200 units 129,500 units 109,700 units 46,000 units $35,000 $22,500 $384,100 $271,125 What are the total equivalent units for conversion costs? O A. 137,300 OB. 155700...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $35,000 $28,250 $393,100 $271,125 22,200 units 128,500 units 109,700 units 41,000 units What is the total cost of units completed and transferred out? (Round intermediate...
At Trapeze Corporation direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (50% for conversion) Units started Units completed and ansferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 23,200 units 121,500 units 109 700 units 35,000 units $40,000 $27,500 $393, 100 $263.125 What is the total cost of units remaining in ending WIP?...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $32,000 $32,000 $384,100 $387,100 28,200 units 129,500 units 108,700 units 49,000 units What is the cost per equivalent unit for conversion costs? O A. $2.66...
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $33,000 $23,250 $394,100 $273,125 24,200 units 121,500 units 110,700 units 35,000 units What is the total cost of units remaining in ending WIP? (Round intermediate...
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