Homework Answers
Answer:
| Materials | Conversion | |
| Cost per equivalent unit | $24.85 | $32.85 |
Calculations:
| Materials | Conversion | |
| Work in process, December 1 | $7,630 | $8,628 |
| Cost added during the month | $226,000 | $283,732 |
| Total Costs | $233,630 | $292,360 |
| ÷ Equivalent units | 9,400 | 8,900 |
| Cost per equivalent unit | $24.85 | $32.85 |
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37 Holing Inc. uses the weighted-average method in its process costing. The following data concern the...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s...
Holling Inc. uses the weighted-average
method in its process costing. The following data concern the
company’s Mixing Department for the month of December. Materials
Conversion Work in process, December 1 $ 8,330 $ 9,328 Cost added
to production in the Mixing Department during December $ 226,700 $
284,432 Equivalent units of production for December 10,100
9,600
Holling Inc. uses the weighted average method in its process costing. The following data concern the company's Mixing Department for the month of December....
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s...
Holling Inc. uses the weighted-average method in its process
costing. The following data concern the company’s Mixing Department
for the month of December.
Materials
Conversion
Work in process, December 1
$
9,230
$
10,228
Cost added to production in the Mixing
Department during December
$
227,600
$
285,332
Equivalent units of production for December
11,000
10,500
Required:
Compute the cost per equivalent unit for materials and
conversion for the Mixing Department in December. (Round
your answers to 2 decimal places.)...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s Mixing Department for the month of December. Materials Conversion Work in process, December 1 $ 8,230 $ 9,228 Cost added to production in the Mixing Department during December $ 226,600 $ 284,332 Equivalent units of production for December 10,000 9,500 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December Materials Conversion $ 7,830 $ 8,828 Work in process, December 1 Cost added to production in the Mixing Department during December Equivalent units of production for December $ 226,200 9,600 $ 283,932 9,100 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December (Round your answers to 2 decimal places.)...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December. Materials Conversion $ 9,030 $ 10,028 Work in process, December 1 Cost added to production in the Mixing Department during December Equivalent units of production for December $ 227,400 10,800 $ 285,132 10,300 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December er. Materials conversion als Conversion Work in process, December 1 Cost added to production in the Mixing Department during December Equivalent units of production for December 10,180 9 ,68 33e 26.780 $284. Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.) Materials...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s Mixing Department for the month of December. Materials Conversion Work in process, December 1 $ 7,830 $ 8,828 Cost added to production in the Mixing Department during December $ 226,200 $ 283,932 Equivalent units of production for December 9,600 9,100 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)
1) 2) 3) Mccabe Corporation uses the weighted average method in its process costing. The following...
1)
2)
3)
Mccabe Corporation uses the weighted average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion 2,400 55% 10% 9.800 Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 8,900 3,300 75% 25% Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department...
Bachelet Inc. uses the weighted-average method in its process costing system. The following data concern the...
Bachelet Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process Stage of completion with respect to materials Stage of completion with respect to conversion Costs in the beginning inventory: 400 90% 40% Materials cost Conversion Cost $756 $4,448 Units started into production during the month Units completed and transferred out 13,000 13,300 Costs added to production...
Anders Inc. uses the weighted-average method in its process costing system. The following data concern the...
Anders Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process 800 Percent complete with respect to materials 70 % Percent complete with respect to conversion 10 % Costs in the beginning inventory: Materials cost $ 1,736 Conversion cost $ 2,288 Units started into production during the month 18,000 Units completed and transferred out 18,400 Costs added...
Holling Inc. uses the weighted-average
method in its process costing. The following data concern the
company’s Mixing Department for the month of December. Materials
Conversion Work in process, December 1 $ 8,330 $ 9,328 Cost added
to production in the Mixing Department during December $ 226,700 $
284,432 Equivalent units of production for December 10,100
9,600
Holling Inc. uses the weighted average method in its process costing. The following data concern the company's Mixing Department for the month of December....
Holling Inc. uses the weighted-average method in its process
costing. The following data concern the company’s Mixing Department
for the month of December.
Materials
Conversion
Work in process, December 1
$
9,230
$
10,228
Cost added to production in the Mixing
Department during December
$
227,600
$
285,332
Equivalent units of production for December
11,000
10,500
Required:
Compute the cost per equivalent unit for materials and
conversion for the Mixing Department in December. (Round
your answers to 2 decimal places.)...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December Materials Conversion $ 7,830 $ 8,828 Work in process, December 1 Cost added to production in the Mixing Department during December Equivalent units of production for December $ 226,200 9,600 $ 283,932 9,100 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December (Round your answers to 2 decimal places.)...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December. Materials Conversion $ 9,030 $ 10,028 Work in process, December 1 Cost added to production in the Mixing Department during December Equivalent units of production for December $ 227,400 10,800 $ 285,132 10,300 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December er. Materials conversion als Conversion Work in process, December 1 Cost added to production in the Mixing Department during December Equivalent units of production for December 10,180 9 ,68 33e 26.780 $284. Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.) Materials...
1)
2)
3)
Mccabe Corporation uses the weighted average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion 2,400 55% 10% 9.800 Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 8,900 3,300 75% 25% Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department...
Bachelet Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process Stage of completion with respect to materials Stage of completion with respect to conversion Costs in the beginning inventory: 400 90% 40% Materials cost Conversion Cost $756 $4,448 Units started into production during the month Units completed and transferred out 13,000 13,300 Costs added to production...
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