Bacheiet inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in Process, beginning: 400 units Cost Materials 90% complete $756 Conversion 40% complete $4,448 Units Started into Production during the month 13,000 Units Completed and Transferred Out 13,300 Work in Process, Ending 100 units Materials 50% complete Conversion 30% complete Costs added to production during the month: Materials cost $29,949 Conversion cost $362,127 Total costs to account for $397,280 The information applies to the questions displayed below (12-18) scroll down
Bacheiet inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in Process, beginning: 400 units Cost Materials 90% complete $756 Conversion 40% complete $4,448 Units Started into Production during the month 13,000 Units Completed and Transferred Out 13,300 Work in Process, Ending 100 units Materials 50% complete Conversion 30% complete Costs added to production during the month: Materials cost $29,949 Conversion cost $362,127 Total costs to account for $397,280 The information applies to the questions displayed below (12-18) scroll down
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Total units of conversion?
Transcribed Image Text:Time lett 1355:
Rachelet inc. uses the weighted-average method in its process costing system. The following data concern the operations of the
tompany's first processing department for a recent month.
Work in Process, beginning:
Materials
400 units
Cost
90% complete
$756
Conversion
40% complete
$4,448
Units Started into Production during the month
13,000
Units Completed and Transferred Out
13,300
Work in Process, Ending
100 units
Materials
50% complete
Conversion
30% complete
Costs added to production during the month:
Materials cost
$29,949
Conversion cost
$362,127
Total costs to account for
$397,280
The information applies to the questions displayed below (12-18) scroll down
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education