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ILL. C OM eBook Calculator Equivalent Units: Weighted Average Method The following data are for four...
eBook Calculator Equivalent Units: FIFO Method The following data are for four independent process-costing departme...
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
Equivalent Units: Weighted Average Method The following data are for four independent process-costing departments. Inputs are...
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
The following data are for four independent process-costing departments. Inputs are added continuously. A B C...
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 Units: FIFO Method
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
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 12,000 units, 60% complete Started and completed 204,000 units Ending inventory 18,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Jackson Company...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's...
Equivalent Units Calculations - Weighted Average Method The
following are selected operating data for Jackson Company's
Blending Department for April 2019. Tinting and packaging
operations are carried out subsequently in other
departments.
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. 22,000 units, 60% complete Beginning inventory Started and completed 374,000 units 33,000 units, 30% complete Ending...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 4,000 units, 60% complete Started and completed 68,000 units Ending inventory 6,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Jackson Company...
Equivalent units & cost per equivalent units - Weighted Average Method
Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first productiondepartment is added at the beginning of processing in that department. Data for May for the first production department follow:Percent CompleteUnits ...Materials... ConversionWork in process inventory, May 1 6,000 100% 40%Work in process inventory, May 31 11,500 100% 30%________________________________________Materials cost in work in process inventory, May 1 $1,500Conversion cost in work in process inventory, May...
Equivalent Units and Product Cost Report-Weighted Average Method The following data (and annotations) are for the...
Equivalent Units and Product Cost Report-Weighted Average Method The following data (and annotations) are for the work-in-process account of the first of Johnson Company's four departments used in manufacturing its only product for October of 2019. Work in Process-Department 1 Beginning balance (2,000 units, 70% complete) Direct material $15,500 Conversion costs 9,600 Transferred to department 2: (20,000 units) (a) Direct material (21,000 units) 157,000 Direct labor 145,200 Manufacturing overhead 48,135 Ending balance [(b) units, 25% complete] (C) Assuming that Johnson...
Equivalent Units and Product Cost Report—Weighted Average Method The following data (and annotations) are for the...
Equivalent Units and Product Cost Report—Weighted Average Method The following data (and annotations) are for the work in process account of the first of Crocker Company's four departments used in manufacturing its only product for October of 2016. Work in Process-Department 1 Beginning balance (2,000 units, 70% complete) Direct material $31,000 Conversion costs 14,400 Transferred to department 2 (20,000 units) (a) Direct material (21,000 units) 315,000 Direct labor 217,800 Manufacturing overhead 72,450 Ending balance [ (b) units, 25% complete] (c)...
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
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
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 12,000 units, 60% complete Started and completed 204,000 units Ending inventory 18,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Jackson Company...
Equivalent Units Calculations - Weighted Average Method The
following are selected operating data for Jackson Company's
Blending Department for April 2019. Tinting and packaging
operations are carried out subsequently in other
departments.
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. 22,000 units, 60% complete Beginning inventory Started and completed 374,000 units 33,000 units, 30% complete Ending...
Equivalent Units and Product Cost Report-Weighted Average Method The following data (and annotations) are for the work-in-process account of the first of Johnson Company's four departments used in manufacturing its only product for October of 2019. Work in Process-Department 1 Beginning balance (2,000 units, 70% complete) Direct material $15,500 Conversion costs 9,600 Transferred to department 2: (20,000 units) (a) Direct material (21,000 units) 157,000 Direct labor 145,200 Manufacturing overhead 48,135 Ending balance [(b) units, 25% complete] (C) Assuming that Johnson...
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