Question

1) The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent units for conversion costs for November in a particular department. There were 6,000 units in the ending work in process inventory on November 30 which were 60% complete with respect to conversion costs. The November 1 work in process inventory consisted of 5,000 units which were 40% complete with respect to conversion costs. A total of 22,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer

  • No. of units completed and transferred out = 22,000
  • No. of units in ending WIP Inventory = 6,000
  • Total units accounted for = 22000 + 6000 = 28,000
  • No. of units in beginning WIP Inventory = 5,000
  • No. of units started = Total units accounted for – Units In beginning WIp Inventoru
    = 28000 – 5000
    = 23,000 units Answer
Add a comment
Know the answer?
Add Answer to:
1) The Werner Corporation uses the weighted-average method in its process costing system. The company recorded...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The Fremont Company uses the weighted-average method in its process costing system. The company recorded 49,500...

    The Fremont Company uses the weighted-average method in its process costing system. The company recorded 49,500 equivalent units for conversion costs for November in a particular department. There were 8,000 units in the ending work-in-process inventory on November 30, 80% complete with respect to conversion costs. The November 1 work-in-process inventory consisted of 10,000 units, 50% complete with respect to conversion costs. A total of 45,000 units were completed and transferred out of the department during the month. The number...

  • 1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department,...

    1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,200 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 90,000 units were started into production during the month. There were 23,000 units in the ending work in process inventory of the Welding Department that...

  • Pepper Company uses the weighted average method in its process costing system. The following information was...

    Pepper Company uses the weighted average method in its process costing system. The following information was available for one of its processing departments: • The beginning works in process inventory consisted of 6,000 units, which were 75% complete with respect to conversion costs. • The department started 59,000 units in production during the current month. • A total of 50,000 units were completed and transferred out of that department during the current month. • The ending work in process inventory...

  • 1. The Richmond Corporation uses the weighted-average method in its process costing system. The company has...

    1. The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted of 21,200 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for August was $3.55 for materials and $5.05 for labor and overhead, the total...

  • Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process...

    Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 16,500 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $24,600. A total of 50,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.30 for materials and $3.00...

  • Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process...

    Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,200 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,000. During the period, 9,200 units were completed and transferred on to the next department. The costs per equivalent unit for the period were...

  • Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process...

    Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2,400 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $9,200. During the period, 8,400 units were completed and transferred on to the next department. The costs per equivalent unit for the period were...

  • Question #5 Morgan Company uses the weighted average method in its process costing system. For a...

    Question #5 Morgan Company uses the weighted average method in its process costing system. For a particular department, the company had 108,000 equivalent units of production with respect to conversion costs in March. There were 15.000 units in the department's beginning ry, two thirds complete with respect to conversion costs. During March, 105.000 units were started and 100,000 were completed and transferred out of the department. The ending work in process inventory in the department: A. consisted of 5,000 units...

  • Mundes Corporation uses the weighted average method in its process costing system. The beginning work in...

    Mundes Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,700 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,500. During the period, 9,700 units were completed and transferred on to the next department. The costs per equivalent unit for the period...

  • Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process...

    Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 20,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $26,000. A total of 57,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $2.00 for materials and $3.70...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT