Zee Corporation had 3,600 units one-third completed at the beginning of the period, 12,000 units were completed and transferred during the period, 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period ($8 per unit for Direct Materials): $37,200 Costs added during period: Direct materials $83,200 Direct labor 62,000 Factory overhead 24,800 Assume that all direct materials are placed in process at the beginning of production and Zee Corporation uses FIFO method of inventory costing. The number of equivalent units for direct materials would be A 11,200 B 14000 C.11600 D 10400
Equivalent units for Direct material = Units started and completed + Ending inventory
= (12000-3600) + 2000
= 10400 units
Option D. is correct answer.
Zee Corporation had 3,600 units one-third completed at the beginning of the period, 12,000 units were...
Zee Corporation had 3,600 units one-third completed at the beginning of the period, 12,000 units were completed and transferred during the period, 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period ($8 per unit for Direct Materials): $37,200 Costs added during period: Direct materials $83,200 Direct labor 62,000 Factory overhead 24,800 Assume that all direct...
Department G had 3,600 units, 25% completed at the beginning of the period, 11,000 units were completed during the period, 3,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period $40,000 Costs added during period: Direct materials (10,400 at $8) 83,200 Direct labor 63,000 Factory overhead 25,000 Assuming that all direct materials are placed in process...
Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period; 3,000 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $40,000 Costs added during period: Direct materials (10,400 units at $8) 83,200 Direct labor 63,000 Factory overhead 25,000 All direct materials are placed in process at the...
Question 3 1 pts Department G had 3.600 units, one-third completed at the beginning of the period, 12.000 units were completed during the period. 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: $30,000 Work in process, beginning of period Costs added during period: Direct materials (10,400 at $8) Direct labor Factory overhead 83,200 62.000 24.800 Assuming that all direct materials...
Question 1 (1 point) Saved Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period; 3,000 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: $40.000 Work in process, beginning of period Costs added during period: Direct materials (10,400 units at $8) 83,200 Direct labor 63,000 Factory overhead 25,000 All direct materials are...
Department G had 2,280 units 25% completed at the beginning of the period, 14,000 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period $33,500 Costs added during period: Direct materials (13,620 units at $9) 122,580 Direct labor 165,720 Factory overhead 55,240 All direct materials are placed in process at...
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Department G had 2,040 units 25% completed at the beginning of the period, 13,900 units were completed during the period, 1,700 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $25,700 Costs added during period: Direct materials (13,560 units at $8) 108,480 Direct labor 79,200 Factory overhead 26,400 All direct materials are placed in process at the...
Department G had 2,040 units 25% completed at the beginning of the period, 12,300 units were completed during the period, 1,700 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $30,700 Costs added during period: Direct materials (11,960 units at $8) 95,680 Direct labor 78,000 Factory overhead 26,000 All direct materials are placed in process at the...
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