Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s Assembly Department for the month of June. Materials Conversion Cost per equivalent unit $ 31.80 $ 34.60 Equivalent units in ending work in process 1,380 600 During the month, 7,700 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted-average method. (Round your answers to 2 decimal places.)
Homework Answers
Cost of ending work in process:
Material:
= $31.80 X 1,380
= $43,884
Conversion:
= $34.60 X 600
= $20,760
Cost of units completed and transferred out:
Material:
= $31.80 X 7,700
= $244,860
Conversion:
= $34.60 X 7,700
= $266,420
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Hutchcroft Corporation uses the weighted-average method in its
process costing. The following data concern the company’s...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company’s Assembly Department for the month of June. Materials Conversion Cost per equivalent unit $ 26.30 $ 29.10 Equivalent units in ending work in process 830 325 During the month, 6,600 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 29.30 1,130 Conversion $ 32.10 475 During the month, 7,200 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 28.80 1,080 Conversion $ 31.60 450 During the month, 7,100 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Hutchcroft Corporation uses the weighted average method in its process costing
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June.MaterialsConversionCost per equivalent unit$27.30$30.10Equivalent units in ending work in process930375During the month, 6,800 units were completed and transferred from the Assembly Department to the next department.Required:Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using th. weighted-average method. (Round your answers to 2 decimal places.)MaterialsConversionCost of...
1) 2) 3) Mccabe Corporation uses the weighted average method in its process costing. The following...
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Mccabe Corporation uses the weighted average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion 2,400 55% 10% 9.800 Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 8,900 3,300 75% 25% Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department...
38 Hutchcroft Corporation uses the weighted average method in its process costing. The following data cancer...
38 Hutchcroft Corporation uses the weighted average method in its process costing. The following data cancer the company's Assembly Department for the month of June. Cost peregailent unit ivalent units in ending work in process $32.10 B points During the month.7.200 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted average...
No results > Options mi Swed Help Save & E Hutchcroft Corporation uses the weighted average...
No results > Options mi Swed Help Save & E Hutchcroft Corporation uses the weighted average method in its process costing. The following data concern the companys Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials Conversion $33.30 $36.10 1,530 675 During the month, 8,000 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the...
Saved Help Save & E Suer Hutchcroft Corporation uses the weighted average method in its process...
Saved Help Save & E Suer Hutchcroft Corporation uses the weighted average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 27.30 939 Conversion $ 30.10 375 During the month, 6,800 units were completed and transferred from the Assembly Department to the next department 2:49 Required: Determine the cost of ending work in process inventory and the cost...
Jahncke Inc. uses the weighted-average method in its process costing. The following data concern the company’s...
Jahncke Inc. uses the weighted-average method in its process costing. The following data concern the company’s Assembly Department for the month of November. Materials Conversion Work in process, November 1 $ 5,300 $ 3,602 Cost added to production in the Assembly Department during November $ 105,582 $ 279,710 Equivalent units of production for November 10,510 10,420 Required: Compute the costs per equivalent unit for the Assembly Department for November. (Round your answers to 2 decimal places.)
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s...
Holling Inc. uses the weighted-average
method in its process costing. The following data concern the
company’s Mixing Department for the month of December. Materials
Conversion Work in process, December 1 $ 8,330 $ 9,328 Cost added
to production in the Mixing Department during December $ 226,700 $
284,432 Equivalent units of production for December 10,100
9,600
Holling Inc. uses the weighted average method in its process costing. The following data concern the company's Mixing Department for the month of December....
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 29.30 1,130 Conversion $ 32.10 475 During the month, 7,200 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 28.80 1,080 Conversion $ 31.60 450 During the month, 7,100 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during...
1)
2)
3)
Mccabe Corporation uses the weighted average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion 2,400 55% 10% 9.800 Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 8,900 3,300 75% 25% Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department...
38 Hutchcroft Corporation uses the weighted average method in its process costing. The following data cancer the company's Assembly Department for the month of June. Cost peregailent unit ivalent units in ending work in process $32.10 B points During the month.7.200 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted average...
No results > Options mi Swed Help Save & E Hutchcroft Corporation uses the weighted average method in its process costing. The following data concern the companys Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials Conversion $33.30 $36.10 1,530 675 During the month, 8,000 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the...
Saved Help Save & E Suer Hutchcroft Corporation uses the weighted average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per equivalent unit Equivalent units in ending work in process Materials $ 27.30 939 Conversion $ 30.10 375 During the month, 6,800 units were completed and transferred from the Assembly Department to the next department 2:49 Required: Determine the cost of ending work in process inventory and the cost...
Holling Inc. uses the weighted-average
method in its process costing. The following data concern the
company’s Mixing Department for the month of December. Materials
Conversion Work in process, December 1 $ 8,330 $ 9,328 Cost added
to production in the Mixing Department during December $ 226,700 $
284,432 Equivalent units of production for December 10,100
9,600
Holling Inc. uses the weighted average method in its process costing. The following data concern the company's Mixing Department for the month of December....
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