Homework Answers
| Units in beginning work in process | 20700 |
| (+) Units started into production | 236800 |
| (-) Units in ending work in process | 25500 |
| Units transferred | 232000 |
| (a) | ||
| Materials | Conversion | |
| Units transferred | 232000 | 232000 |
| (+) Ending inventory equivalent units [ Ending inventory units * % Completion ] | 25500 | 15300 |
| Equivalent units of production | 257500 | 247300 |
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Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 60...
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 Units...
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 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 % $ 103,000 $530,170 $187,000 (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production...
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 Units...
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 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 % $ 103,000 $530,170 $187,000 (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production...
Exercise 16-10 (Part Level Submission) Overton Company has gathered the following information. Units in beginning work...
Exercise 16-10 (Part Level Submission)
Overton Company has gathered the following information.
Units in beginning work in process
20,000
Units started into production
164,000
Units in ending work in process
24,000
Percent complete in ending work in process:
Conversion costs
60
%
Materials
100
%
Costs incurred:
Direct materials
$101,200
Direct labor
$164,800
Overhead
$184,000
(a)
Compute equivalent units of production for materials and for
conversion costs.
Materials
Conversion Costs
The equivalent units of production
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. Units in beginning work...
Exercise 3-10 (Part Level Submission)
Overton Company has gathered the following
information.
Units in beginning work in process
21,000
Units started into production
254,000
Units in ending work in process
25,400
Percent complete in ending work in process:
Conversion costs
60
%
Materials
100
%
Costs incurred:
Direct materials
$110,000
Direct labor
$501,484
Overhead
$187,100
Show the assignment of costs to units transferred out and in
process.
Transferred out
$
Ending work in process
$
How do I calculate the...
Overton Company has gathered the following information. Compute equivalent units of production for materials and for...
Overton Company has gathered the following information.
Compute equivalent units of production for materials and for
conversion costs.
Exercise 21-10 (Part Level Submission) Overton Company has gathered the following information. 20,950 187,850 25,590 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 % $104,400 $309,960 $186,450 x Your answer is incorrect. Try again....
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...
Overton Company has gathered the following information. Need help with part C please Exercise 21-10 (Part...
Overton Company has gathered the following information.
Need help with part C please
Exercise 21-10 (Part Level Submission) Overton Company has gathered the following information. 20,950 187,850 25,590 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 % $104,400 $309,960 $186,450 (a) Your answer is correct. Compute equivalent units of production for materials...
Question 7 Overton Company has gathered the following information. 21,240 230,760 24,120 Units in beginning work...
Question 7 Overton Company has gathered the following information. 21,240 230,760 24,120 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 % $100,800 $321,469 $187,470 (a) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production
its, unit (E16-10 Overton Company has gathered the following information. costs. Units in beginning work in...
its, unit (E16-10 Overton Company has gathered the following information. costs. Units in beginning work in process 20.000 Units started into production 164,000 Units in ending work in process 24,000 Percent complete in ending work in process: Conversion costs 60% Materials 100% Costs incurred: Direct materials $101,200 Direct labor $164,800 Overhead to $184,000 Instructions (a) Compute equivalent units of production for materials and for conversion costs. (b) Determine the unit costs of production. (c) Show the assignment of costs to...
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....
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 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 % $ 103,000 $530,170 $187,000 (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production...
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 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 % $ 103,000 $530,170 $187,000 (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production...
Exercise 16-10 (Part Level Submission)
Overton Company has gathered the following information.
Units in beginning work in process
20,000
Units started into production
164,000
Units in ending work in process
24,000
Percent complete in ending work in process:
Conversion costs
60
%
Materials
100
%
Costs incurred:
Direct materials
$101,200
Direct labor
$164,800
Overhead
$184,000
(a)
Compute equivalent units of production for materials and for
conversion costs.
Materials
Conversion Costs
The equivalent units of production
Exercise 3-10 (Part Level Submission)
Overton Company has gathered the following
information.
Units in beginning work in process
21,000
Units started into production
254,000
Units in ending work in process
25,400
Percent complete in ending work in process:
Conversion costs
60
%
Materials
100
%
Costs incurred:
Direct materials
$110,000
Direct labor
$501,484
Overhead
$187,100
Show the assignment of costs to units transferred out and in
process.
Transferred out
$
Ending work in process
$
How do I calculate the...
Overton Company has gathered the following information.
Compute equivalent units of production for materials and for
conversion costs.
Exercise 21-10 (Part Level Submission) Overton Company has gathered the following information. 20,950 187,850 25,590 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 % $104,400 $309,960 $186,450 x Your answer is incorrect. Try again....
Overton Company has gathered the following information.
Need help with part C please
Exercise 21-10 (Part Level Submission) Overton Company has gathered the following information. 20,950 187,850 25,590 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 % $104,400 $309,960 $186,450 (a) Your answer is correct. Compute equivalent units of production for materials...
Question 7 Overton Company has gathered the following information. 21,240 230,760 24,120 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 % $100,800 $321,469 $187,470 (a) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production
its, unit (E16-10 Overton Company has gathered the following information. costs. Units in beginning work in process 20.000 Units started into production 164,000 Units in ending work in process 24,000 Percent complete in ending work in process: Conversion costs 60% Materials 100% Costs incurred: Direct materials $101,200 Direct labor $164,800 Overhead to $184,000 Instructions (a) Compute equivalent units of production for materials and for conversion costs. (b) Determine the unit costs of production. (c) Show the assignment of costs to...
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....
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