7,000 units in a process that are 70% complete are referred to as a. 7,000 equivalent units of production. b. 2,100 equivalent units of production. c. 4,900 equivalent units of production. d. 2,100 inequivalent units of production
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- NoneIf 28,000 units are 80% complete with respect to direct materials, then the equivalent units of production for direct materials are ________. The weighted−average method is used. A. 5,600 units B. 28,000 units C. 22,400 units D. 33,600 unitsBased on the attached information, what is the equivalent units of production using weighted average method? a. 20,000 b. 14,000 c. 18,800 d. 16,800
- ssume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 291,600 394,500 686,100 Total cost $ 301,600 $ 409,500 $ 711,100 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department?25. Production records show: beginning work in process of 10,000 units (50% material, 80% conversion): 100,000 units started; and ending work in process of 15,000 units (100% material, 70% conversion). The company uses the weighted-average method. The equivalent units of production are: A. answer not given B. 115,000 units material, 105,500 units conversion C. 110,000 units material, 95,000 units conversion D. 110,000 units material, 97,500 units conversion E. 95,000 units material, 97,500 units conversionIn the manufacture of 9,800 units of a product, direct materials cost incurred was $175,200, direct labor cost incurred was $112,900, and applied factory overhead was $45,600. What is the total conversion cost? a.$158,500 b.$175,200 c.$333,700 d.$45,600
- In the manufacture of 9,200 units of a product, direct materials cost incurred was $177,200, direct labor cost incurred was $107,800, and applied factory overhead was $40,700. What is the total conversion cost? a. $177,200 b. $40,700 c. $148,500 d. $325,700What is the Equivalent Units of Production?Given the following information, calculate the direct materials equivalent units for the period (assume all materials are added at the beginning of the process): % Complete as to Conversion costs Beginning work in process 15,000 units 25% Ending work in process 20,000 units 70% Units started during the period 53,000 units Units completed and transferred out 48,000 units Multiple choice question. A. 62,000 B. 50,000 C. 68,000 D. 42,000
- Department S had 600 units 69% completed in process at the beginning of the period, 8,300 units completed during the period, and 800 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. а. 8,230 b. 7,886 Ос. 7,700 od. 9,030Compute the equivalent units of production of conversion cost: a. In Process, beginning (3/5 additional work to be done), 24,000 units b. Completed and Transferred-out units, 150,000 units (Of the units started in process, ½ represents work in process at the end, which were 40% completed during the current period) EUP using Average costing: a. 174,000 b. 200,400 c. 190,800 d. 158,400Product X is obtained after it passes through three distinct processes. The following cost information is available for the operation. Total Process 1 Process 2 Process 3 Direct materials added $15,084 $5,200 $3,960 $5,924 Direct wages 18,000 4,000 6,000 8,000 Production overhead 18,000 1,000 units @ $6.00 per unit were introduced in Process 1. Production overhead is to be distributed as a percentage of direct wages. Actual Output Units Normal Loss Scrap Value per Unit Process 1 950 5% $4.00 Process 2 840 10% $8.00 Process 3 750 15% $10.00 Prepare the process accounts and post your responses in the Discussion Forum.