4) PW Corp has a two-step manufacturing process - Fabrication and Assembly. For the Fabrication Process you are given the following information: Production Data: WIP Fab - Begin Started into Prodcution WIP Fab - Close Cost Data: WIP Fab - Begin Cost Added Units Material % Conversion% 33,000 80% 60% 155,000 10,000 50% 30% Materials Conversion 1,346,400 871,200 8,900,000 8,010,000 Required: a. Determine the equivalent units for the period for Fabrication. b. Compute the cost per equivalent unit for the period for Fabrication. c. Determine the closing valuation for Fabrication WIP and the total value of units transferred to Assembly.

K-Briggs Company uses the FIFO method to account for the costs of production. For Crushing, the first processing department, the following equivalent units schedule has been prepared: The cost per equivalent unit for the period was as follows: The cost of beginning work in process was direct materials, 40,000; conversion costs, 30,000. Required: 1. Determine the cost of ending work in process and the cost of goods transferred out. 2. Prepare a physical flow schedule.

Please refer to the pictures for parts A and B. Part C is below:      Cost Assignment         Completed and transferred out EUP Cost per EUP Total cost Direct materials         Conversion         Total Completed and transferred out         Ending work in process EUP Cost per EUP Total cost Direct materials   $0.00 0.00   Conversion   $0.00 0.00             Total costs accounted for           Fields Company

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Larsen, Inc., produces two types of electronic parts and has provided the following data:     Part X12      Part YK7      Total Units produced         100,000         600,000         — Direct labor hours         30,000         70,000         100,000 Machine hours         50,000         300,000         350,000 Number of setups         40         80         120 Testing hours         1,000         9,000         10,000 Number of purchase orders         500         3,500         4,000 There are four activities: machining, setting up, testing, and purchasing. Required: Calculate the activity consumption ratios for each product. Calculate the consumption ratios for the plantwide rate (direct labor hours). When compared with the activity ratios, what can you say about the relative accuracy of a plant wide rate? Which product is under costed? What if the machine hours were used…

C) what's is the cost per equivalent unit for materials ? ( round your answer to 2 decimal places.) D) what is the cost equivalent unit for conversion? (Round your answer to 2 decimal places.) E) what is the cost of units transferred out? (Round your cost per equivalent unit to 2 decimal places.)

Waterway Industries has beginning and ending work in process inventories of $120000 and S135000 respectively. If total manufacturing costs are $680000, what is the total cost of goods manufactured? A. $665000. B. $815000. C. $695000. D. s800000.

Show your solution in good accounting form

p1

Use the following information for the Exercises below. (Algo) [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 and it reports the following unit data for the Forming department. Units completed in the forming department are transferred to the painting department. Direct Materials Percent Complete 60% Conversion Percent Complete 40% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 30,000 400,000 390,000 40,000 85% 35% Production cost information for the forming department follows. Beginning work in process Direct materials $ 50,800 19,300 Conversion $ 70,100 Costs added this period Direct materials 1,539,200 1,047,260 2,586,460 $ 2,656,560 Conversion Total costs to account for Exercise 16-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 a.…