Homework Answers
| MATERIALS | CONVERSION COSTS | |
| Total equivalent units |
= Units transferred out 9,700 + Units in ending work in process (8,300*100%) = 9700 + 8300 = 18,000 |
= Units transferred out 9,700 + Units in ending work in process (8,300*46%) = 9,700 + 3,818 = 13,518 |
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Brief Exercise 16-05 The Smelting Department of Bonita Company has the following production data for November....
Brief Exercise 17-5 The Smelting Department of Kiner Company has the following production and cost data...
Brief Exercise 17-5 The Smelting Department of Kiner Company has the following production and cost data for November. Production: Beginning work in process 3,700 units that are 100% complete as to materials and 29% complete as to conversion costs; units transferred out 9,300 units; and ending work in process 9,100 units that are 100% complete as to materials and 40% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs for the...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 16-5 The Smelting Department of Kiner Company...
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The Smelting Department of Kiner Company has the following production and cost data for November.Production: Beginning...
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The Smelting Department of Kiner Company has the following production and cost data for November. Production:...
The Smelting Department of Kiner Company has the following
production and cost data for November.
Production: Beginning work in process 3,700 units that are
100% complete as to materials and 29% complete as to conversion
costs; units transferred out 9,300 units; and ending work in
process 9,100 units that are 100% complete as to materials and 40%
complete as to conversion costs.
Compute the equivalent units of production for (a) materials and
(b) conversion costs for the month of November....
BE3.5 Compute equivalent units of production. (LO 3), AP The Smelting Department of Kiner Company has...
BE3.5 Compute equivalent units of production. (LO 3), AP The Smelting Department of Kiner Company has the following production data for November. Beginning work in process 2,000 units that are 100% complete as to materials and 20% complete as to conversion costs; units transferred out 9,000 units; and ending work in process 7,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion...
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The Smelting Department of Kiner Company has the following
production and cost data for November.
Production: Beginning work in process 3,700 units that are
100% complete as to materials and 29% complete as to conversion
costs; units transferred out 9,300 units; and ending work in
process 9,100 units that are 100% complete as to materials and 40%
complete as to conversion costs.
Compute the equivalent units of production for (a) materials and
(b) conversion costs for the month of November....
BE3.5 Compute equivalent units of production. (LO 3), AP The Smelting Department of Kiner Company has the following production data for November. Beginning work in process 2,000 units that are 100% complete as to materials and 20% complete as to conversion costs; units transferred out 9,000 units; and ending work in process 7,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion...
Exercise 21-08 a-c The Blending Department of Sunland Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April $108,000 75,600 $183,600 $864,000 394,200 $1,258,200 Units transferred out totaled 18,360. Ending work in process was 1,080 units that are 100% complete as to...
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Brief Exercise 16-09 Production costs chargeable to the Finishing Department in June in Crane Company are materials $17,052, labor $22,965, overhead $19,000. Equivalent units of production are materials 20,300 and conversion costs 19,250. Production records indicate that 18,200 units were transferred out, and 2,100 units in ending work in process were 50% complete as to conversion costs and 100% complete as to materials. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers...
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