When a department has work in process at the end of the period, we need to...
When a department has work in process at the end of the period, we need to determine the percentage of completion for the work in process. Based on that percentage we calculate:
| a) half-units of production. |
| b) equivalent units of production. |
| c) actual units of production. |
| d) particular units of production |
Homework Answers
Answer-When a department has work in process at the end of the period, we need to determine the percentage of completion for the work in process. Based on that percentage we calculate = equivalent units of production.
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When a department has work in process at the end of the period,
we need to...
The charges to Work in Process-Assembly Department for a period, together with information concer...
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production Work in Process-Assembly Department Bal., 3,000 units, 40% completed Direct materials, 71,000 units @ $1.3 Direct labor Factory overhead Bal. 2 units, 80% completed 6,300 92,300 To Finished Goods, 69,000 units 113,700 44,260 Determine the following a. The number of units in work in process inventory at the end of...
The charges to Work in Process-Assembly Department for a period, together with informat concerning production, are...
The charges to Work in Process-Assembly Department for a period, together with informat concerning production, are as follows. All direct materials are placed in process at the begin production Work in Process-Assembly Department Bal., 9,000 units, 40% completed 72,360 To Finished Goods, 41,500 units Direct materials, 40,000 units @ $6.80 272,000 Direct labor 80,000 Factory overhead 40,450 Bal., ? units, 30% completed Determine the following: a. The number of units in work in process inventory at the end of the...
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are a...
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production Work in Process-Assembly Department 14,775 To Finished Goods, 115,000 units Bal., 5,000 units, 35% completed 212,400 Direct materials, 118,000 units @ $1.8 297,500 115,675 Direct labor Factory overhead Bal. ? units, 60% completed Determine the following: a. The number of units in work in process inventory at the end of...
Calculator Department Shad 700 units 70% completed in process at the beginning of the period; 8,800...
Calculator Department Shad 700 units 70% completed in process at the beginning of the period; 8,800 units completed during the period; and 900 units 43% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,697 b. 8,100 c. 8,310 d. 9,597 Not > All work...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600 units completed during the period, and 1,000 units 39% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,000 b. 8,546 c. 9,546 d. 3.155
1) 2) 3) Department S had no work in process at the beginning of the period....
1)
2)
3)
Department S had no work in process at the beginning of the period. It added 12,600 units of direct materials during the period at a cost of $88,200; 9,450 units were completed during the period, and 3,150 units were 22% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $55,300 and factory overhead was $8,900 The total cost of units completed...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a period as well a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process—Baking Department Bal., 1,500 units, 30% completed 4,620 To Finished Goods, 10,800 units ? Direct materials, 11,000 units 49,500 Direct labor 26,797 Factory overhead 13,804 Bal., 1,700 units, 70% completed ? If required, round...
1. Department F had 4,000 units in Work in Process that were 40% completed at the...
1. Department F had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $11,600. Of the $11,600, $7,600 was for material and $4,000 was for conversion costs. 14,000 units of direct materials were added during the period at a cost of $31,500. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of...
The Converting Department of Hopkinsville Company had 880 units in work in process at the beginning of the period, which...
The Converting Department of Hopkinsville Company had 880 units in work in process at the beginning of the period, which were 30% complete. During the period, 18,400 units were completed and transferred to the Packing Department. There were 1,000 units in process at the end of the period, which were 75% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
The Converting Department of Hopkinsville Company had 800 units in work in process at the beginning of the period, whic...
The Converting Department of Hopkinsville Company had 800 units in work in process at the beginning of the period, which were 40% complete. During the period, 16,800 units were completed and transferred to the Packing Department. There were 880 units in process at the end of the period, which were 70% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production Work in Process-Assembly Department Bal., 3,000 units, 40% completed Direct materials, 71,000 units @ $1.3 Direct labor Factory overhead Bal. 2 units, 80% completed 6,300 92,300 To Finished Goods, 69,000 units 113,700 44,260 Determine the following a. The number of units in work in process inventory at the end of...
The charges to Work in Process-Assembly Department for a period, together with informat concerning production, are as follows. All direct materials are placed in process at the begin production Work in Process-Assembly Department Bal., 9,000 units, 40% completed 72,360 To Finished Goods, 41,500 units Direct materials, 40,000 units @ $6.80 272,000 Direct labor 80,000 Factory overhead 40,450 Bal., ? units, 30% completed Determine the following: a. The number of units in work in process inventory at the end of the...
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production Work in Process-Assembly Department 14,775 To Finished Goods, 115,000 units Bal., 5,000 units, 35% completed 212,400 Direct materials, 118,000 units @ $1.8 297,500 115,675 Direct labor Factory overhead Bal. ? units, 60% completed Determine the following: a. The number of units in work in process inventory at the end of...
Calculator Department Shad 700 units 70% completed in process at the beginning of the period; 8,800 units completed during the period; and 900 units 43% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,697 b. 8,100 c. 8,310 d. 9,597 Not > All work...
Calculator Department Shad 600 units 74% completed in process at the beginning of the period, 8,600 units completed during the period, and 1,000 units 39% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a. 8,000 b. 8,546 c. 9,546 d. 3.155
1)
2)
3)
Department S had no work in process at the beginning of the period. It added 12,600 units of direct materials during the period at a cost of $88,200; 9,450 units were completed during the period, and 3,150 units were 22% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $55,300 and factory overhead was $8,900 The total cost of units completed...
The Converting Department of Hopkinsville Company had 800 units in work in process at the beginning of the period, which were 40% complete. During the period, 16,800 units were completed and transferred to the Packing Department. There were 880 units in process at the end of the period, which were 70% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....
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