Homework Answers
5) Factory labor= Factory- Gross wages+Employer payroll tax payable
= $490000+50000= $540000
So, the answer is option A) $540000
8) Units completed and transferred= Beginning work in process+Units started into production-Ending work in process
= 0+80000-20000= 60000
Calculation of Equivalent units for Materials
| Materials | |
| Units completed and transferred | 60000 |
| Ending work in process (20000*100%) | 20000 |
| Equivalent units for Materials | 80000 |
So, the answer is option D) 80000 equivalent units
9) Units completed and transferred= Beginning work in process+Units started into production-Ending work in process
= 0+80000-20000= 60000
Calculation of Equivalent units for Conversion costs
| Conversion costs | |
| Units completed and transferred | 60000 |
| Ending work in process (20000*40%) | 8000 |
| Equivalent units for Materials | 68000 |
So, the answer is option C) 68000 equivalent units
Add Answer to:
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