In the Shaping Department of Jenkins Company the unit materials cost is $4.00 and the unit conversion cost is $2.00. The department transferred out 8,000 units and had 3,000 units in ending work in process 20% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is
A. |
$13,200. |
|
B. |
$11,000. |
|
C. |
$18,000. |
|
D. |
$18,600. |
Total Cost assigned to ending wip = Materials (3,000*4) + conversion (3,000*20%*2) = 12,000 + 1,200 = 13,200 |
||
In the Shaping Department of Jenkins Company the unit materials cost is $4.00 and the unit...
View Policies -/1 Current Attempt in Progress In the Shaping Department of Coronado Company the unit materials cost is $6.00 and the unit conversion cost is $3.00. The department transferred out 39600 units and had 4500 units in ending work in process 20% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is $8100 $27000 $40500 529700 Save for Later Attempts: 0 of 1 used...
In the Baking Department of KatieCakes, Inc., the unit materials cost is $16 and the unit conversion cost is $19. The department transferred out 1,900 units and had 2,600 units in ending work in process 20% complete. If all materials are added at the beginning of the process, what is the total cost to be assigned to the ending work in process? $41,600 $31.720 $51.480 $91,000
the total cost to be assigned to the ending work in process is? View Policies Current Attempt in Progress In the Shaping Department of Waterway Company the unit materials cost is $5.00 and the unit conversion cost is $4.00. The department transferred out 41500 units and had 4600 units in ending work in process 20% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is...
In the Baking Department of awesome cupcakes Inc., the unit materials cost is $12 and the unit conversion cost is $9. The department transferred out 2,300 units and had 2,200 units in ending work in process 20% complete. If all materials are added at the beginning of the process, what is the total cost to be assigned to the ending work in process? $22,440 $26,400 $30,360 $46,200
Cost per Equivalent Unit The cost of direct materials transferred into the Rolling Department of Kraus Company is $490,000. The conversion cost for the period in the Rolling Department is $280,600. The total equivalent units for direct materials and conversion are 2,500 tons and 4,600 tons, respectively. Determine the direct materials and conversion costs per equivalent unit. Direct materials cost per equivalent unit: per ton Conversion cost per equivalent unit: per ton Cost of Units Transferred Out and Ending Work...
The cost per equivalent unit of direct materials and conversion in the Bottling Department of Mountain Springs Water Company is $0.45 and $0.12, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 0 3,500 Started and completed during the period 57,000 57,000 Transferred out of Bottling (completed) 57,000 60,500 Inventory in process, end of period 3,500 1,800 Total units and costs...
Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $1.55 and $0.60, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 0 3,000 Started and completed during October 38,000 38,000 Transferred out of Rolling (completed) 38,000 41,000 Inventory in process, October 31 5,000 3,000 Total units to be...
The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $0.75 and $2.65, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 2,000 50,000 Started and completed during October Transferred out of Rolling (completed) Inventory in process, October 31 50,000 50,000 4,000 54,000 52,000 1,600 Total units to be assigned costs 53,600 The beginning work in process inventory on...
The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $2.05 and $0.40, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 0 2,700 Started and completed during October 54,000 54,000 Transferred out of Rolling (completed) 54,000 56,700 Inventory in process, October 31 4,000 1,600 Total units to be assigned costs 58,000 58,300 The beginning work in process inventory...
Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process. Beginning WIP Inventory Transferred-in costs in beginning WIP Inventory Direct materials costs in beginning WIP Inventory Conversion costs in beginning WIP Inventory Units transferred-in Transferred-in costs Units completed Costs added materials Costs added: conversion Ending WIP Inventory (50% complete for materials and 40% complete for conversion) 9,000 units $ 98,000 25,600 $23,750 47,000 units $645,000...