Homework Answers
| Cost | transferred in | material | Conversion | Total | |||
| Cost to be accounted for: | |||||||
| Beginning WIP | 4100 | 1825 | 5100 | 11025 | |||
| Cost added during the period | 19840 | 9480 | 52320 | 81640 | |||
| Total cost to account for: | 23940 | 11305 | 57420 | 92665 | |||
| Divide: TOTAL EUP | 665 | 665 | 638 | ||||
| Cost per equivalent unit | 36 | 17 | 90 | ||||
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i Data Table UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed during...
55 rolls 560 rolls UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed...
55 rolls 560 rolls UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed during November Ending Work-in-Process (80% complete for conversion work) 490 rolls 125 rolls $ 10,670 COSTS Beginning Work-in-Process Inventory (transferred in costs, $3,500; materials cost, $1,750; conversion costs, $5,420) Transferred in from Spinning Department Materials cost added during November Conversion costs added during November (manufacturing wages, $8,120; manufacturing overhead allocated, $45,460) 18,025 13,010 53,580 Units accounted for: Beginning work-in-process Completed and transferred out Total...
A Data Table Requirements UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November 70...
A Data Table Requirements UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November 70 rolls 550 rolls 1. Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted average method. 2. Journalize all transactions affecting Carla's Dyeing Department during November, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. Completed during November 480 rolls 140 rolls Print Done $ 10,700 Ending Work-in-Process (80% complete for...
Units (Rolls of Wallpaper) Beginning Work in Process Inventory 70 sheets Transferred in from spinning in...
Units (Rolls of Wallpaper) Beginning Work in Process Inventory 70 sheets Transferred in from spinning in April 550 sheets Completed during April 480 sheets Ending Work in Process Inventory (80% complete for conversion work) 140 sheets Costs April beginning Dyeing dept. Work in process Inventory $10,700 (costs is made up transferred in $4,000 plus March dyeing materials cost $1,400 & conversion cost $5,300) Transferred in from the spinning dept. in April $23,280 Direct Material Cost added during April $14,100 Conversion...
Chloe Carpet manufactures broadcom carpet in seven processos spinning, dyeing, plying, spooling, lufting, lalexing and shearing....
Chloe Carpet manufactures broadcom carpet in seven processos spinning, dyeing, plying, spooling, lufting, lalexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2016 follows: (Click the icon to view the data. Read the mguirements i Data Table 665 Total units to account for Units accounted for: Completed and transferred out Ending work-in-process 550 550 115 560 550 115 115 66...
Data Table Requirements UNITS 1. Prepare the July production cost report for Casey's Dyeing Department. The...
Data Table Requirements UNITS 1. Prepare the July production cost report for Casey's Dyeing Department. The company uses the weighted average method. 2. Journalize all transactions affecting Casey's Dyeing Department during July, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. 75 rolls 590 rolls 550 rolls 115 rolls Print Print Done Done Beginning Work-in-Process Inventory Transferred in from Spinning Department during July Completed during July Ending Work-in-Process (80% complete for conversion...
I need four parts to this problem. Direct Total Cost Cost Transferred In Conversion Costs Materials...
I need four parts to this
problem.
Direct Total Cost Cost Transferred In Conversion Costs Materials Costs per Unit COSTS Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for Costs accounted for: Total costs for beginning WIP Transferred to Plying Total costs accounted for Requirement 2. Joumalize all transactions affecting Carla's Dyeing Department during November, including the entries that have already been posted. Begin with a summary journal entry to record the assignment...
Claudia Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing....
Claudia Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2016 follows. EEB (Click the icon to view the data.) Read the requirements Requirement 1. Prepare the November production cost report for Claudia's Dyeing Department (Claudia uses weighted-average process costing. Round all cost per unit amounts to the...
Units to account for options: Beginning work-in process, Completed and transferred out, Ending work-in process, and...
Units to account for options: Beginning work-in process,
Completed and transferred out, Ending work-in process, and
Transferred in
AquaMate uses three processes to manufacture lifts for personal watercraft: forming a lift's parts from galvanized steel, assembling the lift, and testing the completed lift. (Click the icon to view additional information.) The cost transferred into Finished Goods Inventory is the cost of the lifts transferred out of the Testing Department. AquaMate uses weighted average process costing. Read the requirements. Requirement 1....
Chapter 4: Applying Excel Data Beginning work in process inventory: Units in process 200 Completion with...
Chapter 4: Applying Excel Data Beginning work in process inventory: Units in process 200 Completion with respect to materials 100% Completion with respect to conversion 40% Costs in the beginning work in process inventory: Materials cost $2,000 Conversion cost $800 Units started into production during the period 1,800 Costs added to production during the period: Materials cost $18,400 Conversion cost $38,765 Ending work in process inventory: Units in process 100 Completion with respect to materials 100% Completion with respect to...
-------------HOMEWORK ASSIGNMENT ---------- Wallpaper of Texas manufacturers rolls of wallpaper and has processing departments: spinning, dyeing...
-------------HOMEWORK ASSIGNMENT ---------- Wallpaper of Texas manufacturers rolls of wallpaper and has processing departments: spinning, dyeing and cutting. Manufacturing begins in the spinning department and moves to the dyeing department where additional material from the raw material inventory is added along with conversion costs as the rolls dyed. All materials for the dyeing process are added at the beginning of work in the dyeing department. Conversion costs (manufacturing overhead and direct labor) are added evenly throughout the dyeing process. The...
55 rolls 560 rolls UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed during November Ending Work-in-Process (80% complete for conversion work) 490 rolls 125 rolls $ 10,670 COSTS Beginning Work-in-Process Inventory (transferred in costs, $3,500; materials cost, $1,750; conversion costs, $5,420) Transferred in from Spinning Department Materials cost added during November Conversion costs added during November (manufacturing wages, $8,120; manufacturing overhead allocated, $45,460) 18,025 13,010 53,580 Units accounted for: Beginning work-in-process Completed and transferred out Total...
A Data Table Requirements UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November 70 rolls 550 rolls 1. Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted average method. 2. Journalize all transactions affecting Carla's Dyeing Department during November, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. Completed during November 480 rolls 140 rolls Print Done $ 10,700 Ending Work-in-Process (80% complete for...
Chloe Carpet manufactures broadcom carpet in seven processos spinning, dyeing, plying, spooling, lufting, lalexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2016 follows: (Click the icon to view the data. Read the mguirements i Data Table 665 Total units to account for Units accounted for: Completed and transferred out Ending work-in-process 550 550 115 560 550 115 115 66...
Data Table Requirements UNITS 1. Prepare the July production cost report for Casey's Dyeing Department. The company uses the weighted average method. 2. Journalize all transactions affecting Casey's Dyeing Department during July, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. 75 rolls 590 rolls 550 rolls 115 rolls Print Print Done Done Beginning Work-in-Process Inventory Transferred in from Spinning Department during July Completed during July Ending Work-in-Process (80% complete for conversion...
I need four parts to this
problem.
Direct Total Cost Cost Transferred In Conversion Costs Materials Costs per Unit COSTS Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for Costs accounted for: Total costs for beginning WIP Transferred to Plying Total costs accounted for Requirement 2. Joumalize all transactions affecting Carla's Dyeing Department during November, including the entries that have already been posted. Begin with a summary journal entry to record the assignment...
Claudia Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2016 follows. EEB (Click the icon to view the data.) Read the requirements Requirement 1. Prepare the November production cost report for Claudia's Dyeing Department (Claudia uses weighted-average process costing. Round all cost per unit amounts to the...
Units to account for options: Beginning work-in process,
Completed and transferred out, Ending work-in process, and
Transferred in
AquaMate uses three processes to manufacture lifts for personal watercraft: forming a lift's parts from galvanized steel, assembling the lift, and testing the completed lift. (Click the icon to view additional information.) The cost transferred into Finished Goods Inventory is the cost of the lifts transferred out of the Testing Department. AquaMate uses weighted average process costing. Read the requirements. Requirement 1....
-------------HOMEWORK ASSIGNMENT ---------- Wallpaper of Texas manufacturers rolls of wallpaper and has processing departments: spinning, dyeing and cutting. Manufacturing begins in the spinning department and moves to the dyeing department where additional material from the raw material inventory is added along with conversion costs as the rolls dyed. All materials for the dyeing process are added at the beginning of work in the dyeing department. Conversion costs (manufacturing overhead and direct labor) are added evenly throughout the dyeing process. The...
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