The following informaiton is used for Questions 2-5 Yoder Corporation uses the weighted-average method in its...
The following informaiton is used for Questions 2-5 Yoder Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:
Work in process, beginning:
Units in process…………………………………….. 40,000
Percent complete with respect to materials………. 70%
Percent complete with respect to conversion………. 60%
Costs in the beginning inventory:
Materials cost…………………………………… $8,200
Conversion cost………………………………… $4,800
Units started into production during the month…………… 750,000
Units completed and transferred out during the month…… 760,000
Costs added to production during the month:
Materials cost……………………………………… $262,000
Conversion cost…………………………………… $149,000
Work in process, ending:
Units in process…………………………………… 30,000
Percent complete with respect to materials……..... 40%
Percent complete with respect to conversion…….. 30%
What were the total equivalent units for conversion costs during the month?
760,000 equivalent units
769.000 equivalent units
790,000 equivalent units
730,000 equivalent units
None of the above
3) What was the cost per equivalent unit for conversion costs during the month?
| $0.40. |
| $0.25 |
| $0.45 |
|
$0.20 4) What was the cost per equivalent unit for materials during the month?
|
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The following informaiton is used for Questions 2-5 Yoder
Corporation uses the weighted-average method in its...
Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to...
Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process 6,000 Percent complete with respect to materials 60 % Percent complete with respect to conversion 20 % Costs in the beginning inventory: Materials cost $ 78,200 Conversion cost $ 3,600 Units started during the month ? Units completed and transferred out during the month 70,000 Costs added...
Header 3. Whiston Corporation uses the weighted average method in its process costing system. The following...
Header 3. Whiston Corporation uses the weighted average method in its process costing system. The following data were taken from the records of the first processing department for a recent month 40 60% 50% Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Costs added to production during the month: Materials cost Conversion cost...
3. Whiston Corporation uses the weighted average method in its process costing system. The following data...
3. Whiston Corporation uses the weighted average method in its process costing system. The following data were taken from the records of the first processing department for a recent month. 40 60% 50% Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Costs added to production during the month: Materials cost Conversion cost Work...
3. Whiston Corporation uses the weighted average method in its process costing system. The following data...
3. Whiston Corporation uses the weighted average method in its process costing system. The following data were taken from the records of the first processing department for a recent month. 50% | Work in process, beginning: Units in process 40 Percent complete with respect to materials 60% Percent complete with respect to conversion Costs in the beginning inventory: Materials cost $6,200 Conversion cost $16,300 Units started into production during the month 190 Costs added to production during the month: Materials...
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Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
Inacio Corporation uses the
weighted-average method in its process costing system. Data
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month are listed below: Beginning work in process inventory: Units
in beginning work in process inventory 2,500 Materials costs $
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Anders Inc. uses the weighted-average method in its process costing system. The following data concern the...
Anders Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process 800 Percent complete with respect to materials 70 % Percent complete with respect to conversion 10 % Costs in the beginning inventory: Materials cost $ 1,736 Conversion cost $ 2,288 Units started into production during the month 18,000 Units completed and transferred out 18,400 Costs added...
1. Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning...
1. Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 5,700 65% Conversion costs $ 6,800 45% A total of 6,500 units were started and 5,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing...
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Header 3. Whiston Corporation uses the weighted average method in its process costing system. The following data were taken from the records of the first processing department for a recent month 40 60% 50% Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Costs added to production during the month: Materials cost Conversion cost...
3. Whiston Corporation uses the weighted average method in its process costing system. The following data were taken from the records of the first processing department for a recent month. 40 60% 50% Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Costs added to production during the month: Materials cost Conversion cost Work...
3. Whiston Corporation uses the weighted average method in its process costing system. The following data were taken from the records of the first processing department for a recent month. 50% | Work in process, beginning: Units in process 40 Percent complete with respect to materials 60% Percent complete with respect to conversion Costs in the beginning inventory: Materials cost $6,200 Conversion cost $16,300 Units started into production during the month 190 Costs added to production during the month: Materials...
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