Beginning work in process inventory | 6000 |
(+) Started | 30000 |
Total units to account for | 36000 |
Brewer Corporation has the following information for August: Beginning Work in Process Inventory (70% complete as...
Fox Corporation has the following information for August: Beginning Work in Process Inventory (70% complete as to conversion) 6,000 units, started 24,000 units, Ending Work in Process Inventory (10% complete as to conversion) 8,500 units. Beginning WIP Inventory Costs: Material $23,400, Conversion $50,607. Current Period Costs: Material $31,500, Conversion $76,956. All material is added at the start of the process and all finished products are transferred out. Refer to Fox Corporation. Assume that FIFO process costing is used. What is...
Wyman Corporation. has the following information for May: Beginning Work in Process Inventory (75% complete as to conversion) 7,500 units Started 27,000 units Ending Work in Process Inventory (15% complete as to conversion) 9,400 units Beginning WIP Inventory Costs: Material $25,500 Conversion 52,725 Current Period Costs: Material $34,300 Conversion 80,845 Note: all material is added at the start of the process and all finished products are transferred out. 1). How many units were transferred out in May? 2) What is...
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...
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...
Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Alpha started into production 10,000 units. At the end of the month there were 5,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 60% complete with respect to conversion. For the month of March the following costs were...
Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Alpha started into production 10,000 units. At the end of the month there were 5,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 60% complete with respect to conversion. For the month of March the following costs were...
Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Alpha started into production 10,000 units. At the end of the month there were 5,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 60% complete with respect to conversion. For the month of March the following costs were...
Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Alpha started into production 10,000 units. At the end of the month there were 5,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 60% complete with respect to conversion. For the month of March the following costs were...
Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Alpha started into production 10,000 units. At the end of the month there were 5,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 60% complete with respect to conversion. For the month of March the following costs were...
Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Alpha started into production 10,000 units. At the end of the month there were 5,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 60% complete with respect to conversion. For the month of March the following costs were...