During July, the production department of a process operations system completed and transferred to finished goods...

Question

Question

During July, the production department of a process operations system completed and transferred to finished goods 10,000 unit

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

	Direct Labor
Units completed (10000+(76000-15000))	71000
Ending work in progress inventory c (100% material and 25 %conversion) (15000*25%)	3750
equivalents units to be accounted for B	74750
Flow of Cost
Cost in the beginning work in progress inventory	$52,100
cost added to process	450750
Total Cost to be accounted for (e)	$502,850
Cost per equivalent unit (a) E/B	$6.73
rounded to two decimal

If any doubt please comment

Add a comment

Answer 2

Similar Homework Help Questions

During July, the production department of a process operations system completed and transferred to finished goods...

During July, the production department of a process operations system completed and transferred to finished goods 10,000 units that were in process at the beginning of July and 76,000 that were started and completed in July July's beginning inventory units were 100% complete with respect to materials and 30% complete with respect to labor. At the end of July, 15,000 additional units were in process in the production department and were 100% complete with respect to materials and 25% complete...
During July, the production department of a process operations system completed and transferred to finished goods...

During July, the production department of a process operations system completed and transferred to finished goods 35,000 units that were in process at the beginning of July and 62,000 that were started and completed in July. July's beginning inventory units were 100% complete with respect to materials and 50% complete with respect to labor. At the end of July, 38,000 additional units were in process in the production department and were 100% complete with respect to materials and 40% complete...
During July, the production department of a process operations system completed and transferred to finished goods...

During July, the production department of a process operations system completed and transferred to finished goods 24,000 units that were in process at the beginning of July and 70,000 that were started and completed in July. July's beginning inventory units were 100% complete with respect to materials and 70% complete with respect to labor. At the end of July, 25,000 additional units were in process in the production department and were 100% complete with respect to materials and 55% complete...

During April, the production department of a process operations system completed and transferred to finished goods...

During April, the production department of a process operations system completed and transferred to finished goods 28,000 units that were in process at the beginning of April and 88,000 units that were started and completed in April. April's beginning inventory units were 100% complete with respect to materials and 45% complete with respect to labor. At the end of April, 31,000 additional units were in process in the production department and were 100% complete with respect to materials and 50%...
During March, the production department of a process operations system completed and transferred to finished goods...

During March, the production department of a process operations system completed and transferred to finished goods 26,000 units that were in process at the beginning of March and 170,000 units that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to labor. At the end of March, 32,000 additional units were in process in the production department and were 100% complete with respect to materials and 60%...
During March, the production department of a process operations system completed and transferred to finished goods...

During March, the production department of a process operations system completed and transferred to finished goods 24,000 units that were in process at the beginning of March and 110,000 units that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 45% complete with respect to labor. At the end of March, 27,000 additional units were in process in the production department and were 100% complete with respect to materials and 65%...

#2 During March, the production department of a process operations system completed and transferred to finished...

#2 During March, the production department of a process operations system completed and transferred to finished goods 35,000 units that were in process at the beginning of March and 110,000 that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 50% complete with respect to labor. At the end of March, 39,000 additional units were in process in the production department and were 100% complete with respect to materials and 30%...
During November, the production department of a process operations system completed and transferred to finished goods...

During November, the production department of a process operations system completed and transferred to finished goods 40,000 units that were in process at the beginning of November and 160,000 that were started and completed in November November's beginning inventory units were 100% complete with respect to materials and 30% complete with respect to conversion. At the end of November, 31000 additional units were in process in the production department and were 100% complete with respect to materials and 40% complete...
During January, the production department of a process operations system completed and transferred to finished goods...

During January, the production department of a process operations system completed and transferred to finished goods a total of 78,000 units. At the end of January, 9.000 additional units were in process in the production department and were 65% complete with respect to labor. The beginning inventory included labor cost of $37,100 and the production department incurred direct labor cost of $294,300 during January Compute the direct labor cost per equivalent unit for the department using the weighted average method,

During January, the production department of a process operations system completed and transferred to finished goods...

During January, the production department of a process operations system completed and transferred to finished goods a total of 78,000 units. At the end of January, 9.000 additional units were in process in the production department and were 65% complete with respect to labor. The beginning inventory included labor cost of $37,100 and the production department incurred direct labor cost of $294,300 during January Compute the direct labor cost per equivalent unit for the department using the weighted average method,

During July, the production department of a process operations system completed and transferred to finished goods...

Homework Answers