Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that...
Exercise 5S-7 Equivalent Units of Production and Cost per Equivalent Unit-FIFO Method [LO5S-6, LO5S-7] Pureform, Inc., uses the FIFO method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Materials Labor Overhead Work in process inventory, beginning 97,000 $ 101,200 $ 54,300 $ 69,600 Units started in process 918,000 Units transferred out 940,000 Work in process inventory, ending 75,000 Cost added during the month...
Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Materials Labor Overhead Work in process inventory, beginning 5,000 $ 4,320 $ 1,040 $ 1,790 Units started in process 45,000 Units transferred out 42,000 Work in process inventory, ending 8,000 Cost added during the month $ 52,800 $ 21,500 $ 32,250 The beginning work in process inventory was 80%...
Pureform, Inc., uses the weighted average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Materials $ 4,320 Labor 1,040 Overhead $ 1,790 $ Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units 5,000 45,000 42,000 8,000 $ 52,800 $ 21,500 $ 32,250 The beginning work in process inventory was...
Pureform, Inc., uses the weighted average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Materials $ 64,800 Labor $ 27,900 Overhead $ 34,600 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units 64,000 609,000 630,000 43,000 $ 856,330 $ 343,735 $ 426,740 The beginning work in process inventory was...
Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Materials Labor Overhead Work in process inventory, beginning 57,000 $ 51,000 $ 19,300 $ 27,900 Units started in process 539,000 Units transferred out 560,000 Work in process inventory, ending 36,000 Cost added during the month $ 673,750 $ 238,370 $ 344,290 The beginning work in process inventory was 75%...
Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Materials $ 54,400 Labor $ 22,100 Overhead $ 26,900 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units 63,000 599,000 620,000 42,000 $ 719,840 $ 272,760 $ 332,060 The beginning work in process inventory was 80%...
Pureform, Inc., uses the weighted average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Materials $ 61,600 $ Labor 15,700 Overhead $ 29,100 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units 59,000 559,000 580,000 38,000 $ 815, 215 $ 193,285 $ 359,015 The beginning work in process inventory...
Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Materials Labor Overhead Work in process inventory, beginning 70,000 $ 61,100 $ 26,300 $ 37,500 Units started in process 669,000 Units transferred out 690,000 Work in process inventory, ending 49,000 Cost added during the month $ 808,060 $ 323,805 $ 462,650 The beginning work in process inventory was 90%...
Pureform, Inc., uses the weighted average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Materials $ 68,900 Labor $ 31,500 Overhead $ 43,500 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units 77,000 729,000 750,000 56,000 $ 911,380 $ 388,700 $ 537,140 The beginning work in process inventory was...
Pureform, Inc., uses the weighted average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: Materials $ 68,400 Labor $ 30,200 Overhead $ 41,900 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units 76,000 719,000 740,000 55,000 $ 904,725 $ 372,370 $ 517,225 The beginning work in process inventory was...