Alpha Company manufactures leather bags. For the month of April, the total bags to account for are 28,000 and there are 10,000 bags in ending work-in-process (EWIP), 40% complete. There were 23,000 bags started in April. Determine the bags that were in the beginning work-in-process (BWIP) for April. a. 11,800 bags b. 5,950 bags c. 10,000 bags d. 5,000 bags
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- La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available: Quantity of direct labor used 5,050 hrs. Actual rate for direct labor $16.80 per hr. Bicycles completed in July 1,000 bicycles Standard direct labor per bicycle 5.4 hrs. Standard rate for direct labor $16.00 per hr. b. How much direct labor should be debited to Work in Process?Bati Furniture LLC has completed production of 15,000 units in the month of January and the units are transferred to stores, 10,000 units of Work in process on 31st January was available which are equal to 50% completed units and 20,000 units of Work in process on 1st January which is equal to 72% competed units. You are required to assume that beginning work in progress is 35% completed and find the total number of equivalent units for the month of January. a. 31,000 units b. 6,500 units c. 13,000 units d. 5,600 unitsSubject : Cost Accounting
- Ridgecrest Company manufactures plastic storage crates and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 40% for conversion) Direct materials Conversion cost Number of units started April costs Direct materials Conversion cost Work in process, April 30 (100% complete for materials, 20% for conversion) 32,100 units $ 48,900 $ 66,900 95,700 units $ 136,500 $ 202,500 48,900 units E3-10 (Algo) FIFO Method [LO 3-4] Required: Using the FIFO method of process costing, complete each of the following steps: 1. Reconcile the number of physical units worked on during the period. 2. Calculate the number of equivalent units. 3. Calculate the cost per equivalent unit. 4. Reconcile the total cost of work in process. SVista Vacuum Company has the following production information for the month of March. All materials are added at the beginning of the manufacturing process. Units • Beginning inventory of 3,500 units that are 100 percent complete for materials and 23 percent complete for conversion. • 15,400 units started during the period. • Ending inventory of 3,400 units that are 14 percent complete for conversion. Manufacturing Costs • Beginning inventory was $20,200 ($8,900 materials and $11,300 conversion costs). • Costs added during the month were $29,600 for materials and $54,300 for conversion ($28,200 labor and $26,100 applied overhead). Assume the company uses Weighted-Average Method. Required: 1. Calculate the number of equivalent units of production for materials and conversion for March. 2. Calculate the cost per equivalent unit for materials and conversion for March. 3. Determine the costs to be assigned to the units transferred out and the units still in process. Complete this question…The Assembly Department of Interface, Inc., manufacturer of computers, had 4,500 units of beginning inventory in September, and 8,000 units were transferred to it from the Production Department. The Assembly Department completed 4,000 units during the month and transferred them to the Packaging Department. The weighted-average method is used. Calculate the total number of units to account for by the Assembly Department. A. 8,000 units B. 12,500 units C. 3,500 units D. 4,500 units
- The Assembly Department of Interface, Inc., manufacturer of computers, had 500 units of beginning inventory in September, and 4,000 units were transferred to it from the Production Department. The Assembly Department completed 2,000 units during the month and transferred them to the Packaging Department. The weighted−average method is used. Calculate the total number of units to account for by the Assembly Department. A. 500 units B. 4,000 units C. 3,500 units D. 4,500 unitsVista Vacuum Company has the following production information for the month of March. All materials are added at the beginning of the manufacturing process. Units • Beginning inventory of 3,200 units that are 100 percent complete for materials and 30 percent complete for conversion. 15,500 units started during the period. • Ending inventory of 3,700 units that are 13 percent complete for conversion. Manufacturing Costs • Beginning inventory was $20,000 ($9,700 materials and $10,300 conversion costs). Costs added during the month were $28,600 for materials and $56,600 for conversion ($26,700 labor and $29,900 applied overhead). Assume the company uses Weighted-Average Method. Required: 1. Calculate the number of equivalent units of production for materials and Equivalent Units Physical Units Direct Conversion Materials Units Completed Ending Inventory Total 15,000 37,000 52,000 2. Calculate the cost per equivalent unit for materials and conversion for March. (Round your answers to 5…During the first month of operations ended July 31, Head Gear Inc. manufactured 25,600 hats, of which 24,100 were sold. Operating data for the month are summarized as follows: Line Item Description Amount Amount Sales $226,540 Manufacturing costs: Direct materials $138,240 Direct labor 35,840 Variable manufacturing cost 17,920 Fixed manufacturing cost 15,360 207,360 Selling and administrative expenses: Variable $12,050 Fixed 8,800 20,850 During August, Head Gear Inc. manufactured 22,600 hats and sold 24,100 hats. Operating data for August are summarized as follows: Line Item Description Amount Amount Sales $226,540 Manufacturing costs: Direct materials $122,040 Direct labor 31,640 Variable manufacturing cost 15,820 Fixed manufacturing cost 15,360 184,860 Selling and administrative expenses: Variable $12,050 Fixed 8,800 20,850 Required: Question…
- In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information on inventories was as follows: July 1 July 31 Materials $6,820 $7,810 Work in process 770 1,320 Finished goods 3,630 2,970 What was the cost of goods sold for July? Group of answer choices $77,220 $69,600 $71,300 $71,100How many units were completed during the period on these accounting question?i need help finishing this problem