A manufacturing process begins with 120 units at 15% completion. During the period, 180 units are transferred out. Ending inventory is 90 units at 20% completion.
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- Norwood Co. had 200 units in work in process at the beginning of the month. During the month, 7,500 units were started in production, 6,800 of which, along with the beginning work in process, were completed by the end of the month. The uncompleted units were in ending inventory, one-half complete. What were the equivalent units of production for the month?Beginning inventory amounted to 1,000 units. This period 4,500 units were started and com- pleted. At the end of the period, the 3,000 units in inventory were 30 percent complete. Using FIFO costing, the equivalent production for the period was 5,600 units. What was the percentage of completion of the beginningRunning Company had the following information for the month of June: Work in process beginning inventory, June 1 2,100 units Units transferred in 16,300 units Work in process ending inventory, June 30 4,100 units Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process. The equivalent units for conversion under the weighted average method are calculated to be: Multiple Choice 12,250. 10,100. 14,200. 16,350. 18,350.
- In the beginning inventory, 5,000 units were 40% complete with regard to materials. During this period 40,000 units were transferred out. Ending inventory consisted of 7,000 units that were 70% complete with respect to materials. How many units were started and completed during the period?unning Company had the following information for the month of June: Work in process beginning inventory, June 1 3,200 units Units transferred in 15,400 units Work in process ending inventory, June 30 3,800 units Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process.The equivalent units for materials under the weighted-average method are calculated to be:Department L had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 units 30% completed at the end of June. Using the first-in, first-out method of inventory costing, what was the number of equivalent units of production for conversion costs for the period?
- Running Company had the following information for the month of June: Work in process beginning inventory, June 1 2,900 units Units transferred in 18,700 units Work in process ending inventory, June 30 4,900 units Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process.The equivalent units for materials under the weighted-average method are calculated to be: Multiple Choice 14,250. 10,900. 16,700. 19,150. 21,150.In Department C, materials are added at the beginning of the process. There were 1,000 units in the beginning inventory, 10,000 units were started during the month, and 7,000 units were completed and transferred to the finished goods inventory. The ending inventory in Department C in June was 40% complete as to conversion costs. Under the average cost method, what are the equivalent units for the period using the average cost method?Loanstar had 50 units in beginning inventory before starting 900 units and completing 750 units. The beginning work in process inventory consisted of $1,000 in materials and $5,000 in conversion costs before $9,450 of materials and $10,390 of conversion costs were added during the month. The ending WIP inventory was 100% complete with regard to materials and 30% complete with regard to conversion costs. Use the above information to complete a production cost report. Enter all amount as positive values. Production Cost Report Work in process completion percent 100% 30% Material Units Conversion Units Total Units Completed and transferred out fill in the blank f81f5af7d054011_1 fill in the blank f81f5af7d054011_2 fill in the blank f81f5af7d054011_3 Ending work in process fill in the blank f81f5af7d054011_4 fill in the blank f81f5af7d054011_5 fill in the blank f81f5af7d054011_6 Total units to account for fill in the blank f81f5af7d054011_7 fill in the blank…
- Loanstar had 50 units in beginning inventory before starting 900 units and completing 750 units. The beginning work in process inventory consisted of $1,000 in materials and $5,000 in conversion costs before $9,450 of materials and $10,390 of conversion costs were added during the month. The ending WIP inventory was 100% complete with regard to materials and 30% complete with regard to conversion costs. Use the above information to complete a production cost report. Enter all amount as positive values. Production Cost Report Work in process completion percent 100% 30% Material Units Conversion Units Total Units Completed and transferred out fill in the blank f81f5af7d054011_1 fill in the blank f81f5af7d054011_2 fill in the blank f81f5af7d054011_3 Ending work in process fill in the blank f81f5af7d054011_4 fill in the blank f81f5af7d054011_5 fill in the blank f81f5af7d054011_6 Total units to account for fill in the blank f81f5af7d054011_7 fill in the blank…There were 1,900 units in beginning inventory that were 40% complete with regard to conversion. During the month, 8,450 units were started and 9,200 were transferred to finished goods. The ending work in process was 60% complete with regard to conversion costs, and materials are added at the beginning of the process. What is the total amount of equivalent units for materials and conversion at the end of the month using the weighted-average method? Equivalent units of Materials Equivalent units of ConversionLoanstar had 50 units in beginning inventory before starting 900 units and completing 750 units. The beginning work in process inventory consisted of $2,000 in materials and $5,000 in conversion costs before $8,450 of materials and $9,450 of conversion costs were added during the month. The ending WIP inventory was 100% complete with regard to materials and 50% complete with regard to conversion costs. Use the above information to complete a production cost report. Enter all amount as positive values. Production Cost Report Work in process completion percent 100% 50% Material Units Conversion Units Total UnitS Completed and transferred out Ending work in process Total units to account for Materials Conversion Total Costs to account for $4 $4 Beginning work in process Incurred during the period $4 Total costs to account for Equivalent units Cost per equivalent unit for department $ %24 %24 %24
