Alpha Company's April 1, 2017, beginning work in process was 700 units. During April Alpha put into production an additional 1,400 units were put into production. At the end of April, all units were completed except for 500 units. Use this information to determine the number of units completed.
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- Bewitch Co. processes its product in three consecutive departments, A, B, and C. The following data re given on the third department's production for June 2016. Quantity data: In process, June 1 (4/5 completed) 5,000 units Transferred in 22,000 units In process, June 30 (1/4 incomplete) 8,000 units Cost data: In process, June 1 P 30,610 Transferred in 110,000 Cost added in June Materials 15,750 Labor 8,400 Overhead…The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation.Production: 9,940 units started which is comprised of 6,940 units finished and transferred out and 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs.Manufacturing costs: Materials $38,965; labor $20,500; overhead $43,288.Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25.) QUIK FURNITURE COMPANYSanding DepartmentProduction Cost ReportFor the Month Ended March 31, 2017 Equivalent Units Quantities PhysicalUnits Materials ConversionCosts Units to be accounted for Work in process, March 1 enter the number of units Started into production enter the number of units Total units enter a total of the two previous numbers of units…Crowley processes its product in three consecutive departments, A, B, and C. The following data re given on the third department's production for June 2016. Quantity data: In process, June 1 (4/5 completed) 5,000 units Transferred in 22,000 units In process, June 30 (1/4 incomplete) 8,000 units Cost data: In process, June 1 P 30,610 Transferred in 110,000 Cost added in June Materials 15,750 Labor 8,400 Overhead…
- The following information related to number of units produced are furnished by production department of Noor Production LLC. The production department manager informed the management regarding percentage of completed units at the end of the year. Completed number of units transferred from production to the stores during the year 67,000 units, beginning work in progress was 32,500 units with 66% of completion and ending work in progress was 17,500 units with 37% of completion. Find the number of equivalent units for the year by considering the ending work in progress as 100% completed. a. 52,025 units b. 21,450 units c. 45,550 units d. 73,475 unitsCaring Company has the following cost and production date for the month of January 2022:All materials are added at the start of the process and lost units are detected at the inspection point of 75% completion.Under the weighted average method, how much is the cost of the Completed and Transferred (round off to 2 decimal places)? A. 748,840.42 B. 752,853.20 C. 758,008.72 D. 762,216.34The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation.Production: 7,100 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs.Manufacturing costs: Materials $40,400; labor $20,600; overhead $39,460.Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.)
- The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation.Production: 6,600 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs.Manufacturing costs: Materials $31,680; labor $20,700; overhead $35,460.Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) QUIK FURNITURE COMPANYSanding DepartmentProduction Cost ReportFor the Month Ended March 31, 2020 Equivalent Units Quantities PhysicalUnits Materials ConversionCosts Units to be accounted for Work in process, March 1 enter a number of units Started into production enter a number of units Total units enter a total number of units Units…In Sandhill Company, materials are entered at the beginning of each process, and conversion costs are incurred uniformly throughout the process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2022 are as follows. Beginning Work in Process Ending Work in Process Month Units Conversion Cost% Units Completed and Conversion Transferred Out Units Cost% January 0 13,200 2,400 60 March 0 14,400 3,600 30 May 0 16,800 8,400 80 July 0 12,000 1,600 40 (a) For January and May, compute the physical units to be accounted for and the physical units accounted for. January May Units to be accounted for Beginning work in process Started into production Total units Units accounted for Transferred out Ending work in process Total unitsThe debits to Work-In process for Dep# 2 for the month of March of the current year, together with the information concerning production, are presented below. All direct materials came from Dep# 1. The units completed include 1,200 in process during the beginning of the period. Dep# 2 uses WA costing
- Eagle Company had 550 units in work in process on January 1. During the month, Eagle completed 2,460 units and had 1,090 units in process on January 31. Determine how many units Eagle started during January How do i find the number of units started?. In Ramirez Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2020 are as follows. Beginning Work in Process Month Beginning Work in Process Units Transferred Out Units % Complete as to Conversion Cost September 0 2,000 7,000 60 December 0 3,000 12,000 30 Compute the equivalent units of production for (1) materials and (2) conversion costs for each month.Data table Beginning work in process (May 1)ª Started in May 2020 Reference Physical Units (Watches) 105 485 445 145 Completed during May 2020 Ending work in process (May 31)b $3,190,000 Total costs added during May 2020 aDegree of completion: direct materials, 80%; conversion costs, 35%. b Degree of completion: direct materials, 60%; conversion costs, 20%. Flow of Production Completed and transferred out during current period Work in process, ending Accounted for Work done to date Physical Units Direct Conversion Materials Costs $480,800 $96,800 445 145 590 Equivalent Units Direct Materials 445 87 $1,420,000 532 I Conversion Costs 445 29 474