Bethesda Company's April 1, 2019, beginning work in process was 900 units. During April an additional 2,800 units were put into production. At the end of April, all units were completed except for 625 units. Use this information to determine the number of units completed.
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Bethesda Company's April 1, 2019, beginning work in process was 900 units. During April an additional 2,800 units were put into production. At the end of April, all units were completed except for 625 units. Use this information to determine the number of units completed.
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- Bethesda Company's April 1, 2019, beginning work in process was 900 units. During April an additional 2,800 units were put into production. At the end of April, all units were completed except for 625 units. Use this information to determine the number of units completed. (General Account)answer???Aghora Company's April 1, 2021, beginning work in process was 987 units. During April Aghora put into production an additional 2,823 units were put into production. At the end of April, all units were completed except for 689 units. Use this information to determine the number of units completed.
- Accounting Bethesda company's April 1 2019 beginning work in process was 650 units. During April.The Scranton Processing Company had work in process at the beginning and end of March 2020 in its Painting Department as follows: (Click the icon to view the work-in-process information.) The company completed 22,000 units during March. Manufacturing costs incurred during March were direct materials costs of $400,000 and conversion costs of $500,000. Inventory at March 1 was carried at a cost of $20,000 (direct materials, $5,000 and conversion costs, $15,000). Assuming Scranton uses FIFO costing, determine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in ending inventory. Begin by entering the physical units in first, then calculate the equivalent units. Flow of Production Work in process, beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Accounted for Equivalent unts of work done in current…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
- On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month, 27,000 units were started. At the end of the month, all started units were 50% complete with respect to conversion. Direct Materials placed into production had a total cost of $375,000 and the total conversion cost for the month was $313,000. Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of conversion for the month of March. (Round the answer to the nearest cent.)Compute the equivalent units of production for (1) materials and (2) conversion costs for each month. Materials Conversion Costs January March May July Given: In Shady 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. BeginningWork in Process EndingWork in Process Month Units ConversionCost% UnitsTransferred Out Units ConversionCost% January 0 — 11,000 2,000 60 March 0 — 12,000 3,000 30 May 0 — 14,000 7,000 80 July 0 — 10,000 1,500 40ACC Inc is working on calculating cost information for September. The beginning and ending inventories for the month of September are: 1-Sep 9/31/2023 Direct Materials $82,000 $77,000 Work in Process $121,000 $135,000 Finished Goods $58,000 $45,000 Production data for the month of September follows: Direct labor $175,500 Manufacturing overhead $185,500 Direct materials purchased $153,000 Using the above information answer the following questions: 1. What was the amount of direct materials added to production during the month? 2. What was the total amount of manufacturing cost added to production during the month? 3. What was the amount of cost of goods manufactured? 4. What was the amount of cost of goods sold?