Question

1.) Marigold Company has gathered the following information. Units in beginning work in process 0 Units...

1.)

Marigold Company has gathered the following information.
Units in beginning work in process 0
Units started into production 40,300
Units in ending work in process 7,900
Percent complete in ending work in process:
    Conversion costs 40 %
    Materials 100 %
Costs incurred:
    Direct materials $74,555
    Direct labor $64,500
    Overhead $104,410
Compute equivalent units of production for materials and for conversion costs.

Materials

Conversion Costs

The equivalent units of production
Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)

Materials

Conversion Costs

Unit costs $ $
Show the assignment of costs to units transferred out and in process.
Units transferred out $
Units in ending work in process $
0 0
Add a comment Improve this question Transcribed image text
Answer #1

XIA 5 = Book1 - Microsoft Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW > Calibri 11 Å Wrap Text General % C  

XI 5 = Book1 - Microsoft Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW > Calibri 11 Å z Wrap Text General .

  

Add a comment
Know the answer?
Add Answer to:
1.) Marigold Company has gathered the following information. Units in beginning work in process 0 Units...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • OURCES work Exercise 16-09 Baden Company has gathered the following information. 40,300 7,900 Units in beginning...

    OURCES work Exercise 16-09 Baden Company has gathered the following information. 40,300 7,900 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 40 % 100 % y Study $74,555 $64,500 $104,410 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production Determine the unit costs of production....

  • Baden Company has gathered the following information. Units in beginning work in process 0 Units started...

    Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 37,000 Units in ending work in process 7,500 Percent complete in ending work in process:     Conversion costs 40 %     Materials 100 % Costs incurred:     Direct materials $77,700     Direct labor $62,400     Overhead $106,600 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production Determine the unit costs of production. (Round unit costs to 2...

  • Baden Company has gathered the following information. 44,200 7,300 Units in beginning work in process Units...

    Baden Company has gathered the following information. 44,200 7,300 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 40 % 100 % $79,560 $61,500 $109,726 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production Determine the unit costs of production. (Round unit costs to 2 decimal...

  • Overton Company has gathered the following information. Units in beginning work in process 22,000 Units started...

    Overton Company has gathered the following information. Units in beginning work in process 22,000 Units started into production 182,000 Units in ending work in process 25,500 Percent complete in ending work in process: Conversion costs 60 % Materials 100 % Costs incurred: Direct materials $102,000 Direct labor $268,030 Overhead $187,400 . Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production Determine the unit costs of production. (Round unit costs to...

  • Baden Company has gathered the following information. Units in beginning work in process Units started into...

    Baden Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: 37,300 8,200 Conversion costs 40 % 100 % Materials Costs incurred: Direct materials Direct labor $78,330 $66,500 $105,114 Overhead Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production Determine the unit costs of production. (Round unit costs to 2 decimal...

  • Baden Company has gathered the following information. 0 38,500 7,700 Units in beginning work in process...

    Baden Company has gathered the following information. 0 38,500 7,700 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 40 % 100 % $80,850 $70,400 $105,776 Your answer is partially correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production 38500 30800 eTextbook and Media X...

  • Overton Company has gathered the following information. 21,700 222,700 25,400 Units in beginning work in process...

    Overton Company has gathered the following information. 21,700 222,700 25,400 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $ 109,980 $492,896 $186,400 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production e Textbook and Media Determine the unit costs of production....

  • Baden Company has gathered the following information. 0 43,600 8,700 40 % Units in beginning work...

    Baden Company has gathered the following information. 0 43,600 8,700 40 % Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 100 % $80,660 $66,900 $ 101,972 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production e Textbook and Media Determine the unit costs of production....

  • Baden Company has gathered the following information. 44,000 7,700 Units in beginning work in process Units...

    Baden Company has gathered the following information. 44,000 7,700 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 40% 100% $74,800 $68,000 $103,300 Determine the unit costs of production. (Round unit costs to 2 decimal places, eg. 2.25.) Materials Conversion Costs Unit costs $ e Textbook and Media * Your answer is incorrect. Show the assignment...

  • 44,200 7,300 Exercise 3-9 (Video) Baden Company has gathered the following information. Units in beginning work...

    44,200 7,300 Exercise 3-9 (Video) Baden Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 40 % 100% $79,560 $61,500 $109,726 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production Determine the unit costs of production. (Round unit costs to...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT