Use this information about Carmelita Inc. to answer the question that follow. Carmelita Inc. has the following informati...
Use this information about Carmelita Inc. to answer the question that follow.
Carmelita Inc. has the following information available:
| Costs from Beginning Inventory | Costs from Current Period | |
| Direct materials | $4,100 | $20,800 |
| Conversion costs | 5,800 | 157,000 |
At the beginning of the period, there were 500 units in process that were 40% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,800 units were started and completed. Ending inventory contained 300 units that were 23% complete as to conversion costs and 100% complete as to materials costs. The company uses the FIFO process cost method.
The cost of completing a unit (rounded to the nearest cent) during the current period was
a.$34.45
b.$30.37
c.$41.34
d.$51.68
Homework Answers
![مج Oy completed during 4,800 100% 100%, Answer: Equivalent writo | Malerial 300 Beginning wip 500 60% 1500x60%] 4,-800 4.800](http://img.homeworklib.com/questions/24071e30-13f8-11ea-93de-8789ebe719ea.png?x-oss-process=image/resize,w_560)
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Use this information about Carmelita Inc. to answer the question that follow. Carmelita Inc. has the following informati...
Use this information about Carmelita Inc. to answer the question that follow Carmelita Inc. has the...
Use this information about Carmelita Inc. to answer the question that follow Carmelita Inc. has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materials $5,300 $20,300 Conversion costs 5.000 159,700 At the beginning of the period, there were 600 units in process that were 43% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4.800 units were started and completed. Ending inventory contained 400 units that were 22%...
Use this information about Carmelita Inc. to answer the question that follow. Carmelita Inc. has the...
Use this information about Carmelita Inc. to answer the question that follow. Carmelita Inc. has the following information available: Costs from Beginning Inventory $5,100 Costs from Current Period $26,800 Direct materials Conversion costs 5,500 142,400 At the beginning of the period, there were 600 units in process that were 44% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,600 units were started and completed. Ending inventory contained 400 units that were 24%...
Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from current Period Direct...
Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from current Period Direct materials $5,800 $25,300 Conversion costs 6,300 158,600 At the beginning of the period, there were 400 units in process that were 40% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 5,500 units were started and completed. Ending inventory contained 400 units that were 32% complete as to conversion costs and 100% complete as to materials costs....
Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from current Period Direct...
Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from current Period Direct materials $5,800 $28,000 Conversion costs 6,000 146,600 At the beginning of the period, there were 400 units in process that were 44% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,900 units were started and completed. Ending inventory contained 300 units that were 27% complete as to conversion costs and 100% complete as to materials costs....
Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct...
Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materials $2,000 $22,252 Conversion costs 6,200 150,536 At the beginning of the period, there were 500 units in process that were 60% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,500 units were started and completed. Ending inventory contained 340 units that were 30% complete as to conversion costs and 100% complete as to materials costs....
Carmelita Inc. has the following information available: Costs from Beginning Inventory Costs from Current Period Direct...
Carmelita Inc. has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materials $5,400 $25,500 Conversion costs 6,300 145,200 At the beginning of the period, there were 600 units in process that were 43% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,600 units were started and completed. Ending inventory contained 400 units that were 26% complete as to conversion costs and 100% complete as to materials costs....
Calculator Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from current Period...
Calculator Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from current Period Direct materials $5,200 $28,200 Conversion costs 6,000 154,400 At the beginning of the period, there were 600 units in process that were 45% complete as to conversion costs and 100% complete as to direct materials costs. Duri the period, 5,300 units were started and completed. Ending inventory contained 400 units that were 31% complete as to conversion costs and 100% complete as to materials...
Question 36 (Mandatory) (2.5 points) Carmelita Inc., has the following information available: Costs from Costs from...
Question 36 (Mandatory) (2.5 points) Carmelita Inc., has the following information available: Costs from Costs from Beginning Inventory $2,500 6,200 Current Period $22,252 150,536 Direct materials Conversion Costs At the beginning of the period, there were 500 units in process that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. During the period 4,500 units were started and completed. Ending inventory contained 340 units that were 80 percent complete as to conversion...
Question 36 (Mandatory (1.5 points) Carmelita Inc., has the following information available: Costs from Beginning Inventory...
Question 36 (Mandatory (1.5 points) Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materials Conversion Costs $2,500 6,200 $22,252 150,536 At the beginning of the period, there were 500 units in process that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. During the period 4,500 units were started and completed. Ending inventory contained 340 units that were 80 percent complete as to conversion...
Carmelita Inc., has the following information available: Costs from Costs from Beginning Inventory Current Period Direct...
Carmelita Inc., has the following information available: Costs from Costs from Beginning Inventory Current Period Direct materials $4,300 $25,900 Conversion costs 5,600 146,400 At the beginning of the period, there were 500 units in process that were 45% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,600 units were started and completed. Ending inventory contained 300 units that were 33% complete as to conversion costs and 100% complete as to materials costs....
Use this information about Carmelita Inc. to answer the question that follow Carmelita Inc. has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materials $5,300 $20,300 Conversion costs 5.000 159,700 At the beginning of the period, there were 600 units in process that were 43% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4.800 units were started and completed. Ending inventory contained 400 units that were 22%...
Use this information about Carmelita Inc. to answer the question that follow. Carmelita Inc. has the following information available: Costs from Beginning Inventory $5,100 Costs from Current Period $26,800 Direct materials Conversion costs 5,500 142,400 At the beginning of the period, there were 600 units in process that were 44% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,600 units were started and completed. Ending inventory contained 400 units that were 24%...
Calculator Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from current Period Direct materials $5,200 $28,200 Conversion costs 6,000 154,400 At the beginning of the period, there were 600 units in process that were 45% complete as to conversion costs and 100% complete as to direct materials costs. Duri the period, 5,300 units were started and completed. Ending inventory contained 400 units that were 31% complete as to conversion costs and 100% complete as to materials...
Question 36 (Mandatory) (2.5 points) Carmelita Inc., has the following information available: Costs from Costs from Beginning Inventory $2,500 6,200 Current Period $22,252 150,536 Direct materials Conversion Costs At the beginning of the period, there were 500 units in process that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. During the period 4,500 units were started and completed. Ending inventory contained 340 units that were 80 percent complete as to conversion...
Question 36 (Mandatory (1.5 points) Carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materials Conversion Costs $2,500 6,200 $22,252 150,536 At the beginning of the period, there were 500 units in process that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. During the period 4,500 units were started and completed. Ending inventory contained 340 units that were 80 percent complete as to conversion...
Carmelita Inc., has the following information available: Costs from Costs from Beginning Inventory Current Period Direct materials $4,300 $25,900 Conversion costs 5,600 146,400 At the beginning of the period, there were 500 units in process that were 45% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,600 units were started and completed. Ending inventory contained 300 units that were 33% complete as to conversion costs and 100% complete as to materials costs....
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