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Calculator Department Shad 700 units 70% completed in process at the beginning of the period; 8,800...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600 units completed during the period, and 1,000 units 39% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,000 b. 8,546 c. 9,546 d. 3.155
the debits to work in process assembly department for april 3000 units $7200 Calculator Companies that...
the debits to work in process assembly department for april
3000 units $7200
Calculator Companies that use the weighted average method for process costing have unit costs that include costs from more than one accounting period. One False Previous Next > Su Test for Grading All work saved Calculator The cost of production report is often used by managers for analyzing the change in the conversion and direct materials cost per equivalent unit between periode True False Previous Next >...
Department Shad no work in process at the beginning of the period. It added 12,000 units...
Department Shad no work in process at the beginning of the period. It added 12,000 units of direct materials during the period at a cost of $84,000; 9,000 units were completed during the period; and 3,000 units were 24% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $52,900 and factory overhead was $9,000. The total conversion costs for the period were $61,900 $43,900...
1) 2) 3) Department S had no work in process at the beginning of the period....
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Department S had no work in process at the beginning of the period. It added 12,600 units of direct materials during the period at a cost of $88,200; 9,450 units were completed during the period, and 3,150 units were 22% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $55,300 and factory overhead was $8,900 The total cost of units completed...
Calculator The following production data were taken from the records of the Finishing Department for June...
Calculator The following production data were taken from the records of the Finishing Department for June Inventory in process, June 1, 30% completed 4,000 units Completed units during June 65,000 units Ending Inventory, 60% completed 65,000 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first in, first-out method is used to cost Inventories and materials were added at the beginning of the process, is Oa. 68,000 units Ob. 76,000...
Department W had 2,580 units, one-third completed at the beginning of the period; 13,200 units were...
Department W had 2,580 units, one-third completed at the beginning of the period; 13,200 units were transferred to Department X from Department W during the period; and 1,600 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs. The equivalent units of production used to compute unit conversion cost on the cost of production report for Department W, assuming the company uses FIFO, are a.13,140 units b.17,380 units c.12,340...
1. Department F had 4,000 units in Work in Process that were 40% completed at the...
1. Department F had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $11,600. Of the $11,600, $7,600 was for material and $4,000 was for conversion costs. 14,000 units of direct materials were added during the period at a cost of $31,500. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of...
Department E had 4,000 units in work in process that were 40% completed at the beginning...
Department E had 4,000 units in work in process that were 40% completed at the beginning of the period at a cost of $12,500. During the period, 14,000 units of direct materials were added at a cost of $28,700 and 15,000 units were completed. At the end of the period, 3,000 units were 75% completed. All materials are added t the beginning of the process. Direct labor was $32,450, and factory overhead was $18,710. The number of equivalent units of...
the charges to work in process assembly department for a period 3000 units 40% 7500 eBook...
the charges to work in process assembly department for a
period 3000 units 40% 7500
eBook Calculator Print Item Cost of Units Completed and in Process The charges to Work in Process --Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 3,000 units, 40% completed 7,500 To Finished Goods, 69,000 units Direct materials, 71,000 units @ $1.5 106,500 Direct...
Calculator Print item Loanstar had 50 units in beginning inventory before starting 1.000 units and completing...
Calculator Print item Loanstar had 50 units in beginning inventory before starting 1.000 units and completing 750 units. The beginning work in process twentory consisted of $3,000 in materials and $4,000 in conversion costs before $6,450 of materials and $11,660 of conversion costs were added during the month. The ending WIP Inventory was 100% complete with regard to materials and 40% complete with regard to conversion costs. Use the above information to complete a production cost report. Enter all amount...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600 units completed during the period, and 1,000 units 39% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,000 b. 8,546 c. 9,546 d. 3.155
the debits to work in process assembly department for april
3000 units $7200
Calculator Companies that use the weighted average method for process costing have unit costs that include costs from more than one accounting period. One False Previous Next > Su Test for Grading All work saved Calculator The cost of production report is often used by managers for analyzing the change in the conversion and direct materials cost per equivalent unit between periode True False Previous Next >...
Department Shad no work in process at the beginning of the period. It added 12,000 units of direct materials during the period at a cost of $84,000; 9,000 units were completed during the period; and 3,000 units were 24% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $52,900 and factory overhead was $9,000. The total conversion costs for the period were $61,900 $43,900...
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Department S had no work in process at the beginning of the period. It added 12,600 units of direct materials during the period at a cost of $88,200; 9,450 units were completed during the period, and 3,150 units were 22% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $55,300 and factory overhead was $8,900 The total cost of units completed...
Calculator The following production data were taken from the records of the Finishing Department for June Inventory in process, June 1, 30% completed 4,000 units Completed units during June 65,000 units Ending Inventory, 60% completed 65,000 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first in, first-out method is used to cost Inventories and materials were added at the beginning of the process, is Oa. 68,000 units Ob. 76,000...
the charges to work in process assembly department for a
period 3000 units 40% 7500
eBook Calculator Print Item Cost of Units Completed and in Process The charges to Work in Process --Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 3,000 units, 40% completed 7,500 To Finished Goods, 69,000 units Direct materials, 71,000 units @ $1.5 106,500 Direct...
Calculator Print item Loanstar had 50 units in beginning inventory before starting 1.000 units and completing 750 units. The beginning work in process twentory consisted of $3,000 in materials and $4,000 in conversion costs before $6,450 of materials and $11,660 of conversion costs were added during the month. The ending WIP Inventory was 100% complete with regard to materials and 40% complete with regard to conversion costs. Use the above information to complete a production cost report. Enter all amount...
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