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Homework Answers
Calculate following
| Material | Conversion | Total | ||
| 1. | Cost of ending work in process inventory | 2050*15.06 = 30873 | 900*6.13 = 5517 | 36390 |
| 2 | Cost of units transferred out | 21000*15.06 = 316260 | 21000*6.13 = 128730 | 444990 |
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Exerclse 5-4 Assigning Costs to Unlts-Welghted-Average Method [L05-4] Data concerning a recent period's activity in the...
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Data concerning a recent period's activity in the Prep Department, the first processing department in a...
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Data concerning a recent period's activity in the Prep Department, the first processing department in a...
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials Conversion 2,070 880 $ 14.06 $ 5.53 A total of 21,900 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the...
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Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
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Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Materials $ 2,800 Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Conversion $ 660 260 1.110 2.60 610 3.30 $ A...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 4,000 460 590 $ 2.80 Conversion $ 650 190 1,170 $...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Hint Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 3,300 499 Gөв $ 1.40 Conversion $ 650 190 1,140...
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Data concerning a recent period's activity in the Prep Department, the first processing depart costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials Conversion 2,010920 $ 15.86 $ 4.73 A total of 21,900 units were completed and transferred to the next processing department d Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in tot 2. Compute the cost of the units completed and transferred out for...
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,130 $ 15.26 Conversion 910 $ 4.63 A total of 21,800 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the...
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit scous inventory about your Materials Conversion 2,030 810 $ 14.06 $ 6.23 A total of 21,000 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in...
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials Conversion 2,070 880 $ 14.06 $ 5.53 A total of 21,900 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the...
5 Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Hint Coat of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 4,000 380 640 $ 2.00 Conversion $ 710 190...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Materials $ 3,100 440 Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Conversion $ 730 190 1,190 $ 0.60 640 $...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Materials $ 2,800 Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Conversion $ 660 260 1.110 2.60 610 3.30 $ A...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below. Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 4,000 460 590 $ 2.80 Conversion $ 650 190 1,170 $...
Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Hint Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period Materials $ 3,300 499 Gөв $ 1.40 Conversion $ 650 190 1,140...
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