A company produces piastic kitchenware and uses process costing system. Products go through three departments- Mixing, Molding, ad Packaging. During the month of August, the following information is made available for the Mixing Department Units started Units completed and transferred Units in process, end (25% complete) 160,000 140,000 20,000 Materials are added at two points in the process. Material A is added at the beginning of the process and Material B when the units are 50% completed. Conversion costs are incurred uniformly throughout the mixing process. 25. The equivalent production for Material A a. 140,000 b. 145,000 c. 150,000 (d. 160,000
A company produces piastic kitchenware and uses process costing system. Products go through three departments- Mixing, Molding, ad Packaging. During the month of August, the following information is made available for the Mixing Department Units started Units completed and transferred Units in process, end (25% complete) 160,000 140,000 20,000 Materials are added at two points in the process. Material A is added at the beginning of the process and Material B when the units are 50% completed. Conversion costs are incurred uniformly throughout the mixing process. 25. The equivalent production for Material A a. 140,000 b. 145,000 c. 150,000 (d. 160,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What is the equivalent production for Material B?
Transcribed Image Text:A company produces piastic kitchenware and uses process costing system. Products
go through three departments - Mixing, Molding, ad Packaging. During the month of
August, the following information is made available for the Mixing Department
Units started
160,000
140,000
Units completed and transferred
Units in process, end (25% complete)
20,000
Materials are added at two points in the process. Material A is added at the beginning
of the process and Material B when the units are 50% completed. Conversion costs
are incurred umiformly throughout the mixing process.
25. The equivalent production for Material A
a. 140,000
b. 145,000
e. 150,000
(d. 160,000
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