Homework Answers
| Calculation of Equivalent units | |||
| Units | Material | Conversion | |
| Transferred Out Units | 670500 | 670500 | |
| Closing WIP: | 24100 | ||
| Direct Materials 100% complete | 24100 | ||
| Conversion 40% complete | 9640 | ||
| Equivalent Units | 694600 | 680140 | |
| Cost per equivalent units | |||
| Material | Conversion | ||
| Opening WIP Cost | 78800 | 48100 | |
| Material | 1622970 | ||
| Labor | 225100 | ||
| OH | 338926 | ||
| Total Costs | 1701770 | 612126 | |
| Equivalent Units | 694600 | 680140 | |
| Cost per equivalent units | 2.45 | 0.90 |
Add Answer to:
please find equivalent units and cost per unit
Question 3 of 3 0738 View Policies Show...
please (a) determine the assignment of cost to goods transferred out and in process. (b)prepare the...
please
(a) determine the assignment of cost to goods transferred out
and in process.
(b)prepare the production cost report for november 2020.
Show Attempt History Current Attempt in Progress Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,313,896 as follows. $78,800 48.100 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $126.900 1,622,970 225.100 338,926 Production records show that 34.900 units were in beginning work in process 30% complete...
View Policies Current Attempt In Progress Rivera Company has several processing departments. Costs charged to the...
View Policies Current Attempt In Progress Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2.290,566 as follows. Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $79,500 48,400 $127,900 1,596,420 226,000 340,246 Production records show that 34,900 units were in beginning work in process 30% complete as to conversion costs, 663.400 units were started into production, and 25,600 units were in ending work in process 40% complete as to...
Question 1 of 1 ./10 E View Policies Current Attempt in Progress Rivera Company has several...
Question 1 of 1 ./10 E View Policies Current Attempt in Progress Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,288,076 as follows $79.000 48,200 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,200 1,594,520 225,800 340,556 Production records show that 34.600 units were in beginning work in process 30% complete as to conversion costs, 662,700 units were started into production, and 24,100 units were in ending work...
Problem 3-4A (Video) (Part Level Submission) Rivera Company has several processing departments. Costs charged to the...
Problem 3-4A (Video) (Part Level Submission) Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,286,318 as follows. $78,900 48,500 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,400 1,593,420 226,000 339,498 Production records show that 34,800 units were in beginning work in process 30% complete as to conversion costs, 662,000 units were started into production, and 24,300 units were in ending work in process 40% complete as to...
Conversion cost and total cost please Question 6 of 11 < 5.34/8.75 View Policies Show Attempt...
Conversion cost and total cost please
Question 6 of 11 < 5.34/8.75 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation Production: 6.240 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs Manufacturing costs: Materials $36,960, labor $21,400; overhead...
A. Total conversion LUSU B. Conversion cost per equivalent unit C. Direct materials cost per equivalent...
A. Total conversion LUSU B. Conversion cost per equivalent unit C. Direct materials cost per equivalent unit 000 units EX 3-11 Equivalent units of production and related costs Obj. 2 The charges to Work in Process-Assembly Department for a period, together with informa- tion concerning production, are as follows. All direct materials are placed in process at the beginning of production. CEL TEMPLATE Work in Process-Assembly Department Bal., 1,600 units, 35% completed 17,440 To Finished Goods, 29,600 units Direct materials,...
Problem 3-4A (Video) (Part Level Submission) Rivera Company has several processing departments. Costs charged to the...
Problem 3-4A (Video) (Part Level
Submission)
Rivera Company has several processing departments. Costs charged to
the Assembly Department for November 2020 totaled $2,313,896 as
follows.
Work in process, November 1
Materials
$78,800
Conversion costs
48,100
$126,900
Materials added
1,622,970
Labor
225,100
Overhead
338,926
Production records show that 34,900 units were in beginning work in
process 30% complete as to conversion costs, 659,700 units were
started into production, and 24,100 units were in ending work in
process 40% complete as to...
*Problem 3-4A (Video) (Part Level Submission) Rivera Company has several processing departments. Costs charged to the...
*Problem 3-4A (Video) (Part Level Submission) Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. $78,800 49,000 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,800 1,599,280 225,800 340,926 Production records show that 34,700 units were in beginning work in process 30% complete as to conversion costs, 664,500 units were started into production, and 25,100 units were in ending work in process 40% complete as to...
Requirement 2. Compute the cost per equivalent unit. (For entries with a $0 balance, make sure...
Requirement 2. Compute the cost per equivalent unit. (For entries with a $0 balance, make sure to enter "O' in the appropriate column. Enter the cost per equivalent unit to two decimal places) Assembly Department Cost per Equivalent Unit Month Ended September 30 Direct Conversion Materials Costs Cost per equivalent unit Requirement 3. Assign the costs to units completed and transferred out and ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the...
department started 11,900 units during November. The following production activity unit and cost information refers to...
department started 11,900 units during November. The following production activity unit and cost information refers to the assembly department's November production activities, Check my worl Assembly Department Beginning work in process Units transferred out Ending work in process Units 3,000 10,000 4,900 Percent of Direct Materials Added 708 1008 808 Percent of Conversion 300 1008 303 Beginning work in process inventory-Assembly dept Costs added during the months Direct materials Conversion $2,252 (includes $1,509 for direct materials and $743 for conversion)...
please
(a) determine the assignment of cost to goods transferred out
and in process.
(b)prepare the production cost report for november 2020.
Show Attempt History Current Attempt in Progress Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,313,896 as follows. $78,800 48.100 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $126.900 1,622,970 225.100 338,926 Production records show that 34.900 units were in beginning work in process 30% complete...
View Policies Current Attempt In Progress Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2.290,566 as follows. Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $79,500 48,400 $127,900 1,596,420 226,000 340,246 Production records show that 34,900 units were in beginning work in process 30% complete as to conversion costs, 663.400 units were started into production, and 25,600 units were in ending work in process 40% complete as to...
Question 1 of 1 ./10 E View Policies Current Attempt in Progress Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,288,076 as follows $79.000 48,200 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,200 1,594,520 225,800 340,556 Production records show that 34.600 units were in beginning work in process 30% complete as to conversion costs, 662,700 units were started into production, and 24,100 units were in ending work...
Problem 3-4A (Video) (Part Level Submission) Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,286,318 as follows. $78,900 48,500 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,400 1,593,420 226,000 339,498 Production records show that 34,800 units were in beginning work in process 30% complete as to conversion costs, 662,000 units were started into production, and 24,300 units were in ending work in process 40% complete as to...
Conversion cost and total cost please
Question 6 of 11 < 5.34/8.75 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation Production: 6.240 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs Manufacturing costs: Materials $36,960, labor $21,400; overhead...
A. Total conversion LUSU B. Conversion cost per equivalent unit C. Direct materials cost per equivalent unit 000 units EX 3-11 Equivalent units of production and related costs Obj. 2 The charges to Work in Process-Assembly Department for a period, together with informa- tion concerning production, are as follows. All direct materials are placed in process at the beginning of production. CEL TEMPLATE Work in Process-Assembly Department Bal., 1,600 units, 35% completed 17,440 To Finished Goods, 29,600 units Direct materials,...
Problem 3-4A (Video) (Part Level
Submission)
Rivera Company has several processing departments. Costs charged to
the Assembly Department for November 2020 totaled $2,313,896 as
follows.
Work in process, November 1
Materials
$78,800
Conversion costs
48,100
$126,900
Materials added
1,622,970
Labor
225,100
Overhead
338,926
Production records show that 34,900 units were in beginning work in
process 30% complete as to conversion costs, 659,700 units were
started into production, and 24,100 units were in ending work in
process 40% complete as to...
*Problem 3-4A (Video) (Part Level Submission) Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. $78,800 49,000 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,800 1,599,280 225,800 340,926 Production records show that 34,700 units were in beginning work in process 30% complete as to conversion costs, 664,500 units were started into production, and 25,100 units were in ending work in process 40% complete as to...
Requirement 2. Compute the cost per equivalent unit. (For entries with a $0 balance, make sure to enter "O' in the appropriate column. Enter the cost per equivalent unit to two decimal places) Assembly Department Cost per Equivalent Unit Month Ended September 30 Direct Conversion Materials Costs Cost per equivalent unit Requirement 3. Assign the costs to units completed and transferred out and ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the...
department started 11,900 units during November. The following production activity unit and cost information refers to the assembly department's November production activities, Check my worl Assembly Department Beginning work in process Units transferred out Ending work in process Units 3,000 10,000 4,900 Percent of Direct Materials Added 708 1008 808 Percent of Conversion 300 1008 303 Beginning work in process inventory-Assembly dept Costs added during the months Direct materials Conversion $2,252 (includes $1,509 for direct materials and $743 for conversion)...
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