Homework Answers
The correct option is (D) i.e. 0 units.
We can see in the question that beginning work in progress of 120 units has been transferred within that month only and it had only ending work in progress of 60 units. Hence, there is no beginning inventory work in progress equivalent units left.
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During August, the Filtering Department of Olive, Inc. had beginning Work-in-Process inventory of 120 units with...
During September, the Filtering Department of Tithonia, Inc. had a beginning Work-in-Process Inventory of 600 units...
During September, the Filtering Department of Tithonia, Inc. had a beginning Work-in-Process Inventory of 600 units with costs of $140,000. During the month, it started and completed 800 units. It had 220 units in the ending Work-in-Process Inventory. What is the number of equivalent units of production for transferred in units in the Filtering Department in September under the first-in, first-out (FIFO) method? A. 380 units B. 1,020 units C. 600 units D. 1,620 units
do all 3 C) job costing report D) equivalent units report 20) 20) During September, the...
do all 3
C) job costing report D) equivalent units report 20) 20) During September, the Filtering Department of Olive Inc. had beginning transferred in units of 400 units with costs of $80,000. During the month, 800 units were transferred in from the Milling Department with costs of $200,000. It had 400 units in ending Work-in-Process Inventory. What is the cost per equivalent unit of production for the transferred in units transferred to the Finishing Department in September under the...
The Converting Department of Hopkinsville Company had 1,000 units in work in process at the beginning...
The Converting Department of Hopkinsville Company had 1,000 units in work in process at the beginning of the period, which were 70% complete. During the period, 20,800 units were completed and transferred to the Packing Department. There were 1,120 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
1. Inventory at the beginning of August in a particular department contained 10,000 units of goods...
1. Inventory at the beginning of August in a particular department contained 10,000 units of goods that were 40% complete for conversion. 25,000 units were completed and transferred out of the department during August. 2,000 were still in process at the end of August and were 50% complete for conversion. Assume there was no spoilage. The equivalent units to be used to get the average conversion costs per unit for the period under the FIFO method are: 24,400 19,600 22,000...
The Finishing Department had 6,900 incomplete units in its beginning Work-in-Process Inventory which were 100% complete...
The Finishing Department had 6,900 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs. 18,800 units were received from the previous department. The ending Work-in-Process Inventory consisted of 3,900 units which were 50% complete as to materials and 30% complete as to conversion costs. The Finishing Department uses first in, first-out (FIFO) process costing 0.25 What are the equivalent units of production for the conversion costs during the...
7) Vallin Manufacturing Corporation's beginning work in process inventory cond on 400 units, 100 complete with...
7) Vallin Manufacturing Corporation's beginning work in process inventory cond on 400 units, 100 complete with resnect materials cost and complete respect to conversion costs. The total cost in the beginning inventory was 554.000 During the month. 58.000 units were transferred out. The equivalent unit cost was computed to be 54.30 for materials and 54,80 for conversion costs under the weighted average method. Given this information, the total cost of the units completed and transferred out was: A) S527,800 B)...
The Converting Department of Hopkinsville Company had 560 units in work in process at the beginning...
The Converting Department of Hopkinsville Company had 560 units
in work in process at the beginning of the period, which were 70%
complete. During the period, 11,600 units were completed and
transferred to the Packing Department. There were 640 units in
process at the end of the period, which were 40% complete. Direct
materials are placed into the process at the beginning of
production.
Equivalent Units of Production The Converting Department of Hopkinsville Company had 560 units in work in...
The Bottling Department of Mountain Springs Water Company had 5,400 liters in beginning work in process...
The Bottling Department of Mountain Springs Water Company had 5,400 liters in beginning work in process inventory (30% complete). During the period, 55,200 liters were completed. The ending work in process inventory was 3,000 liters (65% complete). All inventories are costed by the first in, first-out method. What are the equivalent units for conversion costs under the FIFO method? equivalent units
The Converting Department of Hopkinsville Company had 760 units in work in process at the beginning...
The Converting Department of Hopkinsville Company had 760 units in work in process at the beginning of the period, which were 70% complete. During the period, 16,000 units were completed and transferred to the Packing Department. There were 840 units in process at the end of the period, which were 75% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
The Converting Department of Worley Company had 1,040 units in work in process at the beginning...
The Converting Department of Worley Company had 1,040 units in work in process at the beginning of the period, which were 30% complete. During the period, 21,600 units were completed and transferred to the Packing Department. There were 1,160 units in process at the end of the period, which were 70% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
do all 3
C) job costing report D) equivalent units report 20) 20) During September, the Filtering Department of Olive Inc. had beginning transferred in units of 400 units with costs of $80,000. During the month, 800 units were transferred in from the Milling Department with costs of $200,000. It had 400 units in ending Work-in-Process Inventory. What is the cost per equivalent unit of production for the transferred in units transferred to the Finishing Department in September under the...
The Converting Department of Hopkinsville Company had 1,000 units in work in process at the beginning of the period, which were 70% complete. During the period, 20,800 units were completed and transferred to the Packing Department. There were 1,120 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
The Finishing Department had 6,900 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs. 18,800 units were received from the previous department. The ending Work-in-Process Inventory consisted of 3,900 units which were 50% complete as to materials and 30% complete as to conversion costs. The Finishing Department uses first in, first-out (FIFO) process costing 0.25 What are the equivalent units of production for the conversion costs during the...
7) Vallin Manufacturing Corporation's beginning work in process inventory cond on 400 units, 100 complete with resnect materials cost and complete respect to conversion costs. The total cost in the beginning inventory was 554.000 During the month. 58.000 units were transferred out. The equivalent unit cost was computed to be 54.30 for materials and 54,80 for conversion costs under the weighted average method. Given this information, the total cost of the units completed and transferred out was: A) S527,800 B)...
The Converting Department of Hopkinsville Company had 560 units
in work in process at the beginning of the period, which were 70%
complete. During the period, 11,600 units were completed and
transferred to the Packing Department. There were 640 units in
process at the end of the period, which were 40% complete. Direct
materials are placed into the process at the beginning of
production.
Equivalent Units of Production The Converting Department of Hopkinsville Company had 560 units in work in...
The Bottling Department of Mountain Springs Water Company had 5,400 liters in beginning work in process inventory (30% complete). During the period, 55,200 liters were completed. The ending work in process inventory was 3,000 liters (65% complete). All inventories are costed by the first in, first-out method. What are the equivalent units for conversion costs under the FIFO method? equivalent units
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