General Account At Sunrise Corporation, direct materials are added at the beginning ofthe process, and conversion costs are uniformly applied. Other detailsinclude:WIP beginning (50% for conversion)22,200 unitsUnits started123,500 unitsUnits completed and transferred out114,700 unitsWIP ending (60% for conversion)31,000 unitsBeginning WIP direct materialsBeginning WIP conversion costs$ 35,000$ 22,500Costs of materials added$ 3,84,100$2,71,125Costs of conversion addedWhat are the total equivalent units for conversion costs?A. 125,800B. 133,300C. 130,200D. 145,700

Problem Data Recap:WIP Beginning = 22,200 units (50% complete for conversion)Units Started = 123,500…

Answered: At Sunrise Corporation, direct…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5BE: The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000....

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The Converting Department of Worley Company had 2,400 units in work in process at the beginning of the period, which were 35% complete. During the period, 10,800 units were completed and transferred to the Packing Department. There were 1,900 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs.
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