A department has no beginning work in process, has started 80,000units and completed 50,000 units. Its ending work in process is 30,000units, 60% complete as to conversion costs and fully complete as tomaterials. Its equivalent units for conversion costs are:a. 50,000b. 80,000c. 68,000d. 44,000

Step 1: Identify the units completed and transferred out.Step 2: Calculate the equivalent units for…

Answered: A department has no beginning work in…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 14EA: A production department within a company received materials of $10,000 and conversion costs of...

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Similar questions

Mazomanie Farm completed 20,000 units during the quarter and has 2,500 units still in process. The units are 100% complete with regard to materials and 55% complete with regard to conversion costs. What are the equivalent units for materials and conversion?
The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000. The conversion cost for the period in the Rolling Department is 462,600. The total equivalent units for direct materials and conversion are 4,000 tons and 3,855 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.
4. Given that the closing work-in-progress of a process is 400 units, which is 100% complete with regards to materials and 50% complete with regard to conversion costs, the equivalent units will be:
Given that the closing work-in-progress of a process is 400 units, which is 100% complete with regards to materials and 50% complete with regard to conversion costs, the equivalent units will be:a) b) c) d)Materials 200, conversion 200Materials 400, Conversion 200 Materials 400, conversion 100 Materials 600, conversion 200
For the Assembly Department, unit materials cost is $8 and unit conversion cost is $12. If there are 10,000 units in ending work in process 75% complete as to conversion costs, the costs to be assigned to the inventory are a. S170,000 b. $180,000 c. S150,000 d. S200,000
provide correct answer.
Questions of general account
Fill in the Blank Question E A manufacturing company has a production where one-half of the materials are added at the beginning of Process 1. Conversion costs are 20% in Process 1. If 600 units are started, the EUP with respect to materials are O
cost account
A process with 1200 units of beginning work in process, completed and transferred out 24000 units during a period. There were 9000 units in the ending work in process that were 50% complete as to conversion costs. Materials are added 70% at the beginning of the process and 30% when the units are 90% complete. How much is equivalent units of production for the period for material costs? 30300 equivalent units. 27600 equivalent units. 33000 equivalent units. 26700 equivalent units.

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