Homework Answers
Cost accounted for in Step 5 would be the sum of beginning cost and cost added during the period. The correct option is $80,000
| Cost per equivalent unit of production | Materials | Conversion | Total |
| Beginning work in process | $6,000 | $2,400 | $8,400 |
| Cost added during the period | $45,000 | $26,600 | $71,600 |
| Total Costs | $80,000 |
Add Answer to:
10. BWIP has 2,000 units which are 100% complete in materials and 60% complete in conversion....
BWIP has 2,000 units which are 100% complete in materials and 60% complete in conversion. Units...
BWIP has 2,000 units which are 100% complete in materials and 60% complete in conversion. Units started this period were 15,000. EWIP has 5,000 units, 100% complete in materials and 50% complete in conversion. Cost of BWIP was $6,000 in materials and $2,400 in conversion. Cost added during the period was $45,000 in materials and $26,600 in conversion. What was the cost of the units transferred-out this period? (hint: complete step 4 from the 5 step production report) (1 Point)...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000 units, 70% complete as to DM and 60% complete as to DL and MOH. EWIP equaled 6,000 units, 60% complete as to DM and 20% complete as to DL and MOH. The department had 16,000 equivalent units of production for direct materials and 12,000 equivalent units for conversion costs in September. The cost of direct materials used during the month totaled TL56,000, and conversion...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000 units, 70% complete as to DM and 60% complete as to DL and MOH. EWIP equaled 6,000 units, 60% complete as to DM and 20% complete as to DL and MOH. The department had 16,000 equivalent units of production for direct materials and 12,000 equivalent units for conversion costs in September. The cost of direct materials used during the month totaled TL56,000, and conversion...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000 units, 70% complete as to DM and 60% complete as to DL and MOH. EWIP equaled 6,000 units, 60% complete as to DM and 20% complete as to DL and MOH. The department had 16,000 equivalent units of production for direct materials and 12,000 equivalent units for conversion costs in September. The cost of direct materials used during the month totaled TL56,000, and conversion...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000...
A department had started 24,000 units of small tools into production during September. BWIP was 2,000 units, 70% complete as to DM and 60% complete as to DL and MOH. EWIP equaled 6,000 units, 60% complete as to DM and 20% complete as to DL and MOH. The department had 16,000 equivalent units of production for direct materials and 12,000 equivalent units for conversion costs in September. The cost of direct materials used during the month totaled TL56,000, and conversion...
100 8) The following data were provided by Boze Co. units % complete conversion BWIP 75%...
100 8) The following data were provided by Boze Co. units % complete conversion BWIP 75% Units started 10,000 EWIP 1 50 40% Assume the LIFO method is used, what were the EUP for conversion cost? a) 10.250 b) 10,040 EWIP c) 9,935 d) 9,910
Nonuniform Inputs Apeto Company produces premium chocolate candy bars. Conversion costs are added uniformly. For February,...
Nonuniform Inputs Apeto Company produces premium chocolate candy bars. Conversion costs are added uniformly. For February, EWIP is 40 percent complete with respect to conversion costs. Materials are added at the beginning of the process. The following information is provided for February: Physical flow schedule: Units to account for: Units in BWIP 0 Units started 70,000 Total units to account for 70,000 Units accounted for: Units completed: From BWIP 0 Started and completed 45,000 45,000 Units in EWIP 25,000 Total...
The Nitrogen Fixation Department of Tomco Company began the month of December with beginning work in...
The Nitrogen Fixation Department of Tomco Company began the month of December with beginning work in process of 4,000 units that are 100% complete as to materials and 30% complete as to conversion costs Units transferred out are 12,000 units Ending work in process contains 5,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Instructions Compute the equivalent units of production for materials and conversion costs for the month of December 2. The...
) A department had started 24,000 units of small tools into production during September. BWIP was...
) A department had started 24,000 units of small tools into production during September. BWIP was 2,000 units, 70% complete as to DM and 60% complete as to DL and MOH. EWIP equaled 6,000 units, 60% complete as to DM and 20% complete as to DL and MOH. The department had 16,000 equivalent units of production for direct materials and 12,000 equivalent units for conversion costs in September. The cost of direct materials used during the month totaled TL56,000, and...
) A department had started 24,000 units of small tools into production during September. BWIP was...
) A department had started 24,000 units of small tools into production during September. BWIP was 2,000 units, 70% complete as to DM and 60% complete as to DL and MOH. EWIP equaled 6,000 units, 60% complete as to DM and 20% complete as to DL and MOH. The department had 16,000 equivalent units of production for direct materials and 12,000 equivalent units for conversion costs in September. The cost of direct materials used during the month totaled TL56,000, and...
BWIP has 2,000 units which are 100% complete in materials and 60% complete in conversion. Units started this period were 15,000. EWIP has 5,000 units, 100% complete in materials and 50% complete in conversion. Cost of BWIP was $6,000 in materials and $2,400 in conversion. Cost added during the period was $45,000 in materials and $26,600 in conversion. What was the cost of the units transferred-out this period? (hint: complete step 4 from the 5 step production report) (1 Point)...
100 8) The following data were provided by Boze Co. units % complete conversion BWIP 75% Units started 10,000 EWIP 1 50 40% Assume the LIFO method is used, what were the EUP for conversion cost? a) 10.250 b) 10,040 EWIP c) 9,935 d) 9,910
The Nitrogen Fixation Department of Tomco Company began the month of December with beginning work in process of 4,000 units that are 100% complete as to materials and 30% complete as to conversion costs Units transferred out are 12,000 units Ending work in process contains 5,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Instructions Compute the equivalent units of production for materials and conversion costs for the month of December 2. The...
Most questions answered within 3 hours.
-
If a block of Si is doped with 10^17 Boron atom/cm^3 and 5X10^16
Arsenic atoms/cm^3,
(a)...
asked 11 minutes ago -
Why would natural selection not minimize costs (in the form of
symptoms) of evolved defenses? (choose...
asked 29 minutes ago -
What is true about a critical task?
Latest finish time - latest start time = 0...
asked 31 minutes ago -
A company uses a
process costing system. Its Assembly Department's beginning
inventory consisted of 56,800 units,...
asked 31 minutes ago -
a
sealed glass cylinder contains 325 g of N2 gas at 1.02 atm at 20 c....
asked 35 minutes ago -
The main difference between an equity and a nonequity alliance
is that
A
equity alliances are...
asked 34 minutes ago -
Need help with this, in JAVA, using netbeans. A
complete response will receive a positive comment...
asked 42 minutes ago -
An imprest petty cash fund of $600 was established for minor
disbursements. At the end of...
asked 47 minutes ago -
Sharpe Cutter is a small company that produces specialty knives
for paper cutting machinery. The annual...
asked 52 minutes ago -
Calculating the Ka of a weak acid from
pH:
The pH of a 0.68M solution of...
asked 53 minutes ago -
1.What process is pushing back against gravity in the very
center (the core) of sun-like stars?...
asked 1 hour ago -
This question is from the textbook "Python for ArcGIS" by Laura
Tateosian:
Write a script "triangles.py"...
asked 1 hour ago