The following data are for four independent process-costing departments. Inputs are added continuously.
A B C D
Beginning inventory 5,000 4,000 — 50,000
Percent completion 35% 75% — 65%
Units started 25,000 20,000 49,000 32,000
Ending inventory 4,000 — 7,000 11,000
Percent completion 25% — 30% 20%
Required: Compute the equivalent units of production for each of the preceding departments using the weighted average method.
Equivalent Units
Department A
Department B 24,000
Department C 44,100
Department D
Equivalent unit of production
A | B | C | D | |
Unit transferred out | 26000 | 24000 | 42000 | 71000 |
Ending work in process | 4000*.25 = 1000 | 0 | 7000*30% = 2100 | 11000*20% = 2200 |
Equivalent unit of production | 27000 | 24000 | 44100 | 73200 |
The following data are for four independent process-costing departments. Inputs are added continuously. A B C...
Equivalent Units: Weighted Average Method The following data are for four independent process-costing departments. Inputs are added continuously. Beginning inventory 47,000 Percent completion 6,000 40% 20,000 5,000 3,000 80% 16,000 65% Units started 46,000 7,000 20% 37,000 12,000 Ending inventory Percent completion 30% 30% Required: Compute the equivalent units of production for each of the preceding departments using the weighted average method. Equivalent Units Department A Department B Department C Department D
eBook Calculator Equivalent Units: FIFO Method The following data are for four independent process-costing departments. Inputs are added continuously. с Beginning inventory 5,000 4,000 45,000 Percent completion 30% 75% 60% Units started 25,000 20,000 47,000 34,000 Ending inventory 4,000 9,000 10,000 Percent completion 20% 30% 20% Required: Compute the equivalent units of production for each of the four departments using the FIFO method. Equivalent Units Department A Department B Department Department D
ILL. C OM eBook Calculator Equivalent Units: Weighted Average Method The following data are for four independent process-costing departments. Inputs are added continuously. D Beginning inventory 4,000 5,000 42,000 Percent completion 40% 70% 60% Units started 23,000 23,000 45,000 12,000 Ending inventory 3,000 31,000 13,000 30% Percent completion 30% 25% Required: Compute the equivalent units of production for each of the preceding departments using the weighted average method. Equivalent Units Department A Department B Department Department D
The following data are for four independent process-costing departments. Inputs are added continuously.ABCDBeginning inventory5,000 4,000 — 50,000 Percent completion30%75%— 60%Units started25,000 21,000 47,000 35,000 Ending inventory4,000 — 9,000 12,000 Percent completion20%— 30%20%Required:Compute the equivalent units of production for each of the four departments using the FIFO method.Equivalent UnitsDepartment Afill in the blank 1Department Bfill in the blank 2Department Cfill in the blank 3Department Dfill in the blank 4
MacCorp uses process costing. Conversion costs are added continuously throughout the process and direct materials are added at the beginning. During February, Department B had a beginning inventory of 2,000 units, 40% complete. Department A transferred out 18,000 units during the month to Department B. 4,000 units were still 60% incomplete at the end of February in Department B. Using FIFO process costing, the equivalent units for direct materials for the month in Department B were? a. 15,600 b. 16,400...
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Alchemy Manufacturing produces a pesticide chemical and uses process costing. There are three processing departments—Mixing, Refining, and Packaging. On January 1, the first department—Mixing—had no beginning inventory. During January, 44,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed and 12,000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. The weighted average...
3. Anchor Inc. uses the weighted average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning Units in process. 5.000 Costs in the beginning inventory Materials cost. Conversion cost. $281,250 $50,000 Units started into production during the month Units completed and transferred out. 130,000 110,000 Costs added to production during the month Materials cost. Conversion cost. $500,000 $400,000 Work in process, ending Units...
Question 2 General Fabricators assembles its product in several departments. It has two departments that process all units. During October, the beginning work in process in the cutting department was half completed as to conversion, and complete as to direct materials (100%). The beginning inventory included $12,000 for materials and $3,000 for conversion costs. Ending work-in-process inventory in the cutting department was 40% complete. Direct materials are added at the beginning of the process. Finishing 20.000 50,000 Beginning work-in-process units...
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