Homework Answers
Answers:
19. Option A (764,000 Units)
Equivalent units = (620000*100%) + (180000*80%) = 764,000 Units.
18. Option C ($88,100)
Cost of units transferred to FG = Total Manf. Costs - Ending WIP = 97000 - 8900 = $88,100
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Question 19 1 pts The following refers to units processed by a breakfast cereal maker in...
The following refers to units processed by a breakfast cereal maker in August Compute the total...
The following refers to units processed by a breakfast cereal maker in August Compute the total equivalent units of production with respect to conversion for August using the weighted average eventory method Units of Percent of Units started Units completed Ending work in Process 570, 620,000
#3 The following refers to units processed by a breakfast cereal maker in August. Compute the...
#3
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for August using the weighted average inventory method. Units of Product Beginning Work in Process 289,000 Units started 505,000 Units completed 574,300 Ending Work in Process 219,700 Percent of Conversion Added 50% 100% 100% 40%
The following refers to units processed by a breakfast cereal maker in August. Compute the total...
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for August using the weighted average inventory method 8 02.0723 Units of Product Beginning Work in Process 289.000 Units started 505,000 Units completed 574,380 Ending Work in Process 219,700 Percent of Conversion Added 50 100% 100% Multiple Choice 0 718,900 O 794.000 Exam 20 Help Save & Exit Submit ο 18.800 2 ακολοι ο - 794,000...
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed...
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory Work in Process Inventor Beginning WIP 5,800 Direct materials 48,400 Direct labor 30,900 Applied Overhead 17,100 Total Manufacturing Costs 102,200 To Finished Goods Ending WIP 11,500 The cost of units transferred to finished goods is:
5. value 5.00 points The following refers to units processed in Sunflower Printing's binding department in...
5. value 5.00 points The following refers to units processed in Sunflower Printing's binding department in March. Beginning work in process Goods started Goods completed Ending work in process Units of Product 150,000 310,000 340,000 120,000 Percent of Conversion Added 80% 100 100 25 Compute the total equivalent units of production with respect to conversion for March using the FIFO inventory method Equivalent units of production (EUP) with respect to conversion . FIFO method Units % Conversion EUP Beginning work...
Production information shows the following costs and units for the smoothing department in August. Cost Units...
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Production information shows the following costs and units for the smoothing department in August. Cost Units...
Production information shows the following costs and units for the smoothing department in August. Cost Units Work in process Beginning balance: materials $1,600 Beginning units 610 Beginning balance: conversion 2,300 Transferred in 1,760 Materials 7,406 Transferred out 1,730 Labor 14,500 Overhead 4,567 All materials are added at the beginning of the period. The ending work in process is 20% complete as to conversion. What is the value of the inventory transferred to finished goods and the value of the WIP...
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed...
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory. Beginning WIP Direct materials Direct labor Applied overhead Total Mfg. costs To finished goods Ending WIP Work in Process Inventory 5,600 48,200 30,700 16,900 101,400 11,100 The cost of jobs transferred to finished goods is: Multiple Choice O $101,400
need help with question #2 Multiple Choice Practice 1) A production department's output for the most recent month c...
need help with question #2
Multiple Choice Practice 1) A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. A) 6,500 units....
The following information applies to the questions displayed below) The following refers to units processed in...
The following information applies to the questions displayed below) The following refers to units processed in Sunflower Printing's binding department in March. Units of Product 150,000 310,000 340,000 120,000 Percent of Conversion BOX 100 Beginning work in process Goods started Goods completed Ending work in process Compute the total equivalent units of production with respect to conversion for March using the weighted average method. Equivalent units of production (EUP) with respect to conversion - weighted average method Units % Conversion...
The following refers to units processed by a breakfast cereal maker in August Compute the total equivalent units of production with respect to conversion for August using the weighted average eventory method Units of Percent of Units started Units completed Ending work in Process 570, 620,000
#3
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for August using the weighted average inventory method. Units of Product Beginning Work in Process 289,000 Units started 505,000 Units completed 574,300 Ending Work in Process 219,700 Percent of Conversion Added 50% 100% 100% 40%
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for August using the weighted average inventory method 8 02.0723 Units of Product Beginning Work in Process 289.000 Units started 505,000 Units completed 574,380 Ending Work in Process 219,700 Percent of Conversion Added 50 100% 100% Multiple Choice 0 718,900 O 794.000 Exam 20 Help Save & Exit Submit ο 18.800 2 ακολοι ο - 794,000...
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory Work in Process Inventor Beginning WIP 5,800 Direct materials 48,400 Direct labor 30,900 Applied Overhead 17,100 Total Manufacturing Costs 102,200 To Finished Goods Ending WIP 11,500 The cost of units transferred to finished goods is:
5. value 5.00 points The following refers to units processed in Sunflower Printing's binding department in March. Beginning work in process Goods started Goods completed Ending work in process Units of Product 150,000 310,000 340,000 120,000 Percent of Conversion Added 80% 100 100 25 Compute the total equivalent units of production with respect to conversion for March using the FIFO inventory method Equivalent units of production (EUP) with respect to conversion . FIFO method Units % Conversion EUP Beginning work...
Production information shows the following costs and units for the smoothing department in August. Cost Units Work in process Beginning balance materials $1,550 Beginning units 630 Beginning balance: conversion 2.400 Transferred in 1,790 Materials 6,920 Transferred out 1,820 Labor 14,500 Overhead 6,600 All materials are added at the beginning of the period. The ending work in process is 10% complete as to conversion. What is the value of the inventory transferred to finished goods and the value of the WIP...
Production information shows the following costs and units for the smoothing department in August. Cost Units Work in process Beginning balance: materials $1,600 Beginning units 610 Beginning balance: conversion 2,300 Transferred in 1,760 Materials 7,406 Transferred out 1,730 Labor 14,500 Overhead 4,567 All materials are added at the beginning of the period. The ending work in process is 20% complete as to conversion. What is the value of the inventory transferred to finished goods and the value of the WIP...
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory. Beginning WIP Direct materials Direct labor Applied overhead Total Mfg. costs To finished goods Ending WIP Work in Process Inventory 5,600 48,200 30,700 16,900 101,400 11,100 The cost of jobs transferred to finished goods is: Multiple Choice O $101,400
need help with question #2
Multiple Choice Practice 1) A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. A) 6,500 units....
The following information applies to the questions displayed below) The following refers to units processed in Sunflower Printing's binding department in March. Units of Product 150,000 310,000 340,000 120,000 Percent of Conversion BOX 100 Beginning work in process Goods started Goods completed Ending work in process Compute the total equivalent units of production with respect to conversion for March using the weighted average method. Equivalent units of production (EUP) with respect to conversion - weighted average method Units % Conversion...
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