Barney makes a single product in two Departments. The production data for Dept. 2 for Aug 2020 follows: Production Cost Transferred in Materials Conversion Quantities In Process, beginning (40% done) Received from Dept. 1 Completed and transferred In Process, end (60% done) O 70,000 O 111,600 Last Month This Month O 111,400 40,750 222,750 O 68,600 9,500 168,750 4,850 202,500 10,000 Materials are added at the start of the process, and losses normally occur continuously. 75,000 Using the weighted average method, how much is the cost of the work in process, ending? 62,500 15,000

Barney makes a single product in two Departments. The production data for Dept. 2 for Aug 2020 follows: Production Cost Transferred in Materials Conversion Quantities In Process, beginning (40% done) Received from Dept. 1 Completed and transferred In Process, end (60% done) O 70,000 O 111,600 Last Month This Month O 111,400 40,750 222,750 O 68,600 9,500 168,750 4,850 202,500 10,000 Materials are added at the start of the process, and losses normally occur continuously. 75,000 Using the weighted average method, how much is the cost of the work in process, ending? 62,500 15,000

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter5: Process Cost Accounting—general Procedures

Section: Chapter Questions

Problem 16E: Chavez Concrete Inc. has two production departments. Blending had 1,000 units in process at the...

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Barney makes a single product in two Departments. The production data for Dept. 2 for Aug 2020 follows: Production Cost Last Month This MonthTransferred in 40,750 222,750Materials 9,500 168,750Conversion 4,850 202,500Quantities In Process beginning (40% done) 10,000Received from Dept. 1 75,000Completed and Transferred 62,500In Process end (60% done) 15,000Materials are added at the start of the process, and losses normally occur during the early stages of operation. 30. Under weighted average, what is the cost of WIP end? a. 111,600 b. 111,400 c. 68,600 d. 70,000
Subject: Cost Accounting
a. The total unit cost in Department Y is? b. The total cost of completed and transferred out units in Department Y is?
a. The equivalent units of production for conversion cost in Department Y is? b. The unit cost for materials in Department X is? c. The unit cost for conversion in Department X is?
You are provided the following production information for the month of October 2020: O/B WIP Units Started and Completed C/B WIP Number of Units 2,222 27,718 1,728 Percentage Completed 30% 70% The materials in the production process are added at the following stages: Material A 0% Material B 50% Material C 90% How many equivalent units of Material B were started and completed?
Summer Company makes a single product in two departments. The production data for Department B for 2019 follows: ow 000,0 T80 000,0S hl ensiT 000.09 MC Units In process, August 1 (40% completed) Received from Department 1 Completed and transferred O In process, August 31 (60% completed) 4,000 units gnil 30,000 units 25,000 units 6,000 units 2bo00 berlaini Costs 20te000,281 Received from Dept. 1 In process, May 1MDto Added during May a Mop 14,400 P 97,200 nst 67,500 81,000 C00.00 MO 3,800 1,940 000.0 hiba Materials Conversion costs Materials are added at the start of the process and losses normally occur during the early stages of the operation. gagnt oni moil sua berstesit eboo to Jecs 000.E 000.00d 32. Cost of goods manufactured using FIFO method a. Р 195,250 b. Р 193,040 000 EFS с. Р 211,040 d. P 218,440 000,0 000,20 9d 33. Cost of the ending work in process inventory using average costing 000,1T а. Р44,640 b. P 45,840 с. Р 46,362 d. P 46,800
a. The equivalent units of production for materials in Department X is? b. The equivalent units of production for conversion in Department X is c. The equivalent units of production for materials in Department Y is
a. The unit cost for materials in Department Y is? b. The unit cost for conversion cost in Department Y is? c. The total unit cost for materials in Department X is?
You are provided the following production information for the month of October 2020 O/B WIP Units Started C/B WIP Number of Units 2,697 29,845 1,176 Percentage Completed 30% 70% The materials in the production process are added at the following stages Material A 0% Material B 50% Material C 90% What is the equivalent units of Material B in the opening work in process?
You are provided with the following information for the month of October 2020 O/B WIP unit started C/B wip Number of unit: 2730 27931 1875 Percentage com:25% 60% The material in the production process are added at the following stages: Material A: 0% Material B : 40% Material C : 80% What is the equivalent units of material B in the opening work in progress
Pls explain properly
In using average method, Cruz Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers. For October 2021, Cruz Company presented the following costs on three processes: What is the total costs of work in process at October 31, 2021 in Department C? P 43,900 P 50,980 P141,800 P 46,920