Homework Answers
13) Equivalent unit of conversion = 1130+(100*50%) = 1180 units
so answer is c) 1180 units
14) Cost per equivalent unit = (366000+1128500)/1180 = 1266.53 per equivalent unit
so answer is a) $1266.53
15) Conversion cost of units completed = 1266.53*1130 = 1431178.90
so answer is d) $1431178.90
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e alulátión of equivalent units Use the following information to answer questions 13, 14 and 15:...
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion...
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted average costing. The following information is available for the month of March 2017 for the Assembly department Work in process, beginning inventory 320 units Conversion costs...
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion...
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weightedminus−average costing. The following information is available for the month of March 2017 for the Assembly department. Work in process, beginning inventory 370370 units Conversion costs (4040%...
Sifon Eledtronics manutactures music player ts costing system uses two cost categories, direct materials and conversion...
Sifon Eledtronics manutactures music player ts costing system uses two cost categories, direct materials and conversion costs Each product must pass through the Assembly Deparment, the Programming department, and the Testing Department Direct materals are added at the beginning of the production process. Convenion costs ane alocated evenly throughout production. Shifon Electronics uses weighted-average costing The folowing information is available tor the month of March 2017 tor the Assembly department Work in process, beginning invertory Conversion costs (30% complete) 330...
Use the following information for the Exercises below. (The following information applies to the questions displayed...
Use the following information for the Exercises below. (The following information applies to the questions displayed below.) The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 36,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. The beginning inventory cost of $82,100 consisted of $58,000 of direct materials costs and $24,100 of conversion costs....
what is the value of goods transferred into the Programming department during march? it the city...
what is the value of goods transferred into the Programming
department during march?
it the city expense 3.000 located on the basis of this in the outcome the Truck Rental Department would be A) 5123.000 5) 529.000 5127.000 D 21.00 Answer the following questions using the information below. Shitfon Electronics manufactures music player its conting systems two colores diversion costs. Each product must pass through the Assembly Department, the Programming department, and meeting Department Direct materials are added at the...
Required information Use the following information for the Exercises below. The following information applies to the...
Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 32,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $74,100 consisted of $53,200 of direct materials costs and $20,900...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Departme...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in pro production. Work in Process-Assembly Department Bal., 6,000 units, 55% completed Direct materials, 141,000 units $1.3 Direct labor Factory overhead Bal, 2 units, 40% completed 19,350 183,300 To Finished Goods, 138,000 units 378,400 147,140 Determine the following a. The number of units in work in process inventory at the...
Please show all calculations. Thank you! Use the following information to answer questions 8 through 10....
Please show all
calculations. Thank you!
Use the following information to answer questions 8 through 10. Dante Carpet Manufacturing Inc. uses a process costing system and calculates per-unit costs using the weighted average method. The following data relates to production its Extrusion department for its Rayon carpet brand for the month of January. Note that since carpet is sold by the square yard, each “unit” refers to a square yard of carpet: • Beginning Work in Process Inventory: 300 units,...
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)...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 2,000 units, 75% completed 6,500 To Finished Goods, 46,000 units Direct materials, 47,000 units @ 61,100 $1.30 Direct labor 93,300 Factory overhead 36,340 Bal. ? units, 60% completed Determine the following: a. The number of units in work...
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted average costing. The following information is available for the month of March 2017 for the Assembly department Work in process, beginning inventory 320 units Conversion costs...
Sifon Eledtronics manutactures music player ts costing system uses two cost categories, direct materials and conversion costs Each product must pass through the Assembly Deparment, the Programming department, and the Testing Department Direct materals are added at the beginning of the production process. Convenion costs ane alocated evenly throughout production. Shifon Electronics uses weighted-average costing The folowing information is available tor the month of March 2017 tor the Assembly department Work in process, beginning invertory Conversion costs (30% complete) 330...
Use the following information for the Exercises below. (The following information applies to the questions displayed below.) The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 36,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. The beginning inventory cost of $82,100 consisted of $58,000 of direct materials costs and $24,100 of conversion costs....
what is the value of goods transferred into the Programming
department during march?
it the city expense 3.000 located on the basis of this in the outcome the Truck Rental Department would be A) 5123.000 5) 529.000 5127.000 D 21.00 Answer the following questions using the information below. Shitfon Electronics manufactures music player its conting systems two colores diversion costs. Each product must pass through the Assembly Department, the Programming department, and meeting Department Direct materials are added at the...
Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 32,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $74,100 consisted of $53,200 of direct materials costs and $20,900...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in pro production. Work in Process-Assembly Department Bal., 6,000 units, 55% completed Direct materials, 141,000 units $1.3 Direct labor Factory overhead Bal, 2 units, 40% completed 19,350 183,300 To Finished Goods, 138,000 units 378,400 147,140 Determine the following a. The number of units in work in process inventory at the...
Please show all
calculations. Thank you!
Use the following information to answer questions 8 through 10. Dante Carpet Manufacturing Inc. uses a process costing system and calculates per-unit costs using the weighted average method. The following data relates to production its Extrusion department for its Rayon carpet brand for the month of January. Note that since carpet is sold by the square yard, each “unit” refers to a square yard of carpet: • Beginning Work in Process Inventory: 300 units,...
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)...
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 2,000 units, 75% completed 6,500 To Finished Goods, 46,000 units Direct materials, 47,000 units @ 61,100 $1.30 Direct labor 93,300 Factory overhead 36,340 Bal. ? units, 60% completed Determine the following: a. The number of units in work...
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