Homework Answers
1. Units Completed and transferred out = Unts in beginning
inventory + Units started - Ending Inventory
= 190000 + 640000 - 200000 = 630000 units
2. Equivalent units of Production = Units transferred + Ending WIP
Material
| Units | % Material | EUP | |
| Units completed and transferred out | 630000 | 100% | 630000 |
| Units in Ending Inventory | 200000 | 60% | 120000 |
| Total | 750000 |
3. Conversion
| Units | % Conversion | EUP | |
| Units completed and transferred out | 630000 | 100% | 630000 |
| Units in Ending Inventory | 200000 | 40% | 80000 |
| Total | 710000 |
Add Answer to:
Monsta Cola hires us to help assign and report costs. The company has two departments: mixing...
Monsta Cola hires us to help assign and report costs. The company has two departments: mixing...
Monsta Cola hires us to help assign and report costs. The
company has two departments: mixing and bottling. To aid our
analysis, the following Tableau Dashboard is provided with
information for the mixing department. The company uses the
weighted average method.
Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted...
Tableau DA 3-2: Exercise, Weighted average: Cost per EUP and costs assigned to output LO C3...
Tableau DA 3-2: Exercise, Weighted average: Cost per EUP and costs assigned to output LO C3 Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method. Work in Process Inventory (In Units) Beginning inventory Units started this period Units completed and transferred Ending inventory 100,000 200.000 300.000 400.000 500.000...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of...
Fields Company has two manufacturing departments, forming and
painting. The company uses the weighted-average method of process
costing. At the beginning of the month, the forming department has
28,000 units in inventory, 70% complete as to materials and 30%
complete as to conversion costs. The beginning inventory cost of
$67,100 consisted of $49,000 of direct materials costs and $18,100
of conversion costs.
During the month, the forming department started 370,000 units. At
the end of the month, the forming department...
00 Hi-Test Company uses the weighted average method of process costing to assign production costs to...
00 Hi-Test Company uses the weighted average method of process costing to assign production costs to its products. Information for the company's first production process September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. 0.5 points Skipped $ 101,320 Work in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to conversion; consists of $45,000 of...
[The following information applies to the questions displayed below) Fields Company has two manufacturing departments, forming...
[The following information applies to the questions displayed below) Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 30,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $69,100 consisted of $50,200 of direct materials costs and $18.900 of conversion costs. During the month, the forming department started 390,000...
Saved Help Weston Products manufactures an Industrial cleaning compound that goes through three processing departments-Grinding, Mixing....
Saved Help Weston Products manufactures an Industrial cleaning compound that goes through three processing departments-Grinding, Mixing. and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process Grinding Department Inventory, May 1 373,520 Completed and transferred to the Mixing Department Materials 685,160 Conversion 379,350 Inventory, May 31 The May 1 work in process inventory consisted of 116,000 pounds...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 28.000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. The beginning inventory cost of $67,100 consisted of $49,000 of direct materials costs and $18,100 of conversion costs. During the month, the forming department started 370,000 units. At the end of the month, the forming...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments--- Grinding. Mixing. and...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments--- Grinding. Mixing. and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below. Work in Process Grinding Department Inventory, May 1 228,260 Completed and transferred to the Mixing Department 576,080 298,920 Materials Conversion Inventory, May 31 The May 1 work in process inventory consisted of 113,000 pounds with...
Tamm.VTON Chapter 3 Homework Help 3 Part 1 of 2 Fields Company has two manufacturing departments,...
Tamm.VTON Chapter 3 Homework Help 3 Part 1 of 2 Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 27,000 units in inventory. 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $63,200 consisted of $47,200 of direct materials costs and $16,000 of conversion costs. During the month, the forming department started...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 37,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $84,100 consisted of $59,200 of direct materials costs and $24,900 of conversion costs. During the month, the forming department started 540,000 units. At the end of the month, the forming...
Monsta Cola hires us to help assign and report costs. The
company has two departments: mixing and bottling. To aid our
analysis, the following Tableau Dashboard is provided with
information for the mixing department. The company uses the
weighted average method.
Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted...
Tableau DA 3-2: Exercise, Weighted average: Cost per EUP and costs assigned to output LO C3 Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method. Work in Process Inventory (In Units) Beginning inventory Units started this period Units completed and transferred Ending inventory 100,000 200.000 300.000 400.000 500.000...
Fields Company has two manufacturing departments, forming and
painting. The company uses the weighted-average method of process
costing. At the beginning of the month, the forming department has
28,000 units in inventory, 70% complete as to materials and 30%
complete as to conversion costs. The beginning inventory cost of
$67,100 consisted of $49,000 of direct materials costs and $18,100
of conversion costs.
During the month, the forming department started 370,000 units. At
the end of the month, the forming department...
00 Hi-Test Company uses the weighted average method of process costing to assign production costs to its products. Information for the company's first production process September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. 0.5 points Skipped $ 101,320 Work in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to conversion; consists of $45,000 of...
[The following information applies to the questions displayed below) Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 30,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $69,100 consisted of $50,200 of direct materials costs and $18.900 of conversion costs. During the month, the forming department started 390,000...
Saved Help Weston Products manufactures an Industrial cleaning compound that goes through three processing departments-Grinding, Mixing. and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process Grinding Department Inventory, May 1 373,520 Completed and transferred to the Mixing Department Materials 685,160 Conversion 379,350 Inventory, May 31 The May 1 work in process inventory consisted of 116,000 pounds...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 28.000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. The beginning inventory cost of $67,100 consisted of $49,000 of direct materials costs and $18,100 of conversion costs. During the month, the forming department started 370,000 units. At the end of the month, the forming...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments--- Grinding. Mixing. and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below. Work in Process Grinding Department Inventory, May 1 228,260 Completed and transferred to the Mixing Department 576,080 298,920 Materials Conversion Inventory, May 31 The May 1 work in process inventory consisted of 113,000 pounds with...
Tamm.VTON Chapter 3 Homework Help 3 Part 1 of 2 Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 27,000 units in inventory. 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $63,200 consisted of $47,200 of direct materials costs and $16,000 of conversion costs. During the month, the forming department started...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 37,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $84,100 consisted of $59,200 of direct materials costs and $24,900 of conversion costs. During the month, the forming department started 540,000 units. At the end of the month, the forming...
Most questions answered within 3 hours.
-
Sometimes a small change in a problem can make a BIG change in
how to solve...
asked 3 minutes ago -
Q2. In a short essay, describe when standardisation is likely to
be used, and explain the...
asked 7 minutes ago -
Suppose that as the price of some product increases from $4.00
to $5.00 per unit the...
asked 12 minutes ago -
For the following two questions, consider the following relative
risks (and their confidence intervals), where our...
asked 16 minutes ago -
The pKa values for p-aminobenzoic acid are 2.36 and
4.92. Write the two acid dissociation steps...
asked 21 minutes ago -
9) Leto and Duncan allow Gunner to purchase a 25% interest in
their partnership for $30,000...
asked 21 minutes ago -
The IPAT equation is used to describe the environmental impact
(I) of a community: impact (I)...
asked 29 minutes ago -
Three point charges are arranged along the x axis. Charge q1 =
-4.20 nC is located...
asked 37 minutes ago -
########### Homework 20
##################################
###################################################
#### Rewrite this code in 'class mode' : define the class...
asked 40 minutes ago -
1. When the neuron stops firing, what steps occur for the muscle
to relax? Discuss the...
asked 46 minutes ago -
#1) Cars and trucks pollute air with NO. At
2000 °C the value of Kc for...
asked 55 minutes ago -
Determine the upper-tail critical value
t Subscript alpha divided by 2tα/2
in each of the following...
asked 1 hour ago