Homework Answers
Correct answer----------------14,000 equivalent units of production.
.
Equivalent units = Incomplete units x % of completion
| Statement of Equivalent Units(Weighted average) | |||||||
| Units | Complete % | Equivalent units | |||||
| Units | 20,000 | 70% | 14,000 | ||||
| Total | 20,000 | Total | 14,000 | ||||
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Question 14 5 pts If there are 20,000 units in a process that are 70% complete,...
2200 units are in a process that is 70% complete for conversion costs. To what are...
2200 units are in a process that is 70% complete for conversion
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Question 17 5 pts A department adds raw materials to a process at the beginning of...
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Question 42 2 pts In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 90,000 units were transferred into production from another department. At the end of June there were 10,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the process in...
Assume there were 6,000 units in beginning work in process, 60%
complete. 20,000 units were completed during the month. Ending work
in process is 40% complete, which is equivalent to 3,200 units for
conversion costs. Materials are added at the beginning of the
process. The standard cost method is used.
Assume the total conversion costs for the month are $78,400. What
amount of conversion costs are attached to units in ending work in
process inventory? (please show calculation)
$8,960
$12,800...
Question 39 2 pts A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 90,000 units were started into production in January; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for materials...
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