BoAt Company had no beginning inventory and adds all materials at the very beginning of its only process. Assume 31,300 units were started, and 14,500 units completed. The ending work in process is 82% complete. The equivalent units for conversion costs is _. Need help
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BoAt Company had no beginning inventory and adds all materials at the very beginning of its only process. Assume 31,300 units were started, and 14,500 units completed. The ending work in process is 82% complete. The equivalent units for conversion costs is _. Need help
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- Vexar manufactures nails. Manufacturing is a one-step process where the nails are forged. This is the information related to this years production: Â Ending inventory was 100% complete as to materials and 70% complete as to conversion, and the total materials cost is $115,080 and the total conversion cost is $72,072. Using the weighted-average method, what are the unit costs if the company transferred out 34,000 units? Using the weighted-average method, prepare the companys process cost summary for the month.BoAt Company had no beginning inventory and adds all materials at the very beginning of its only process. Assume 31,300 units were started, and 14,500 units completed. The ending work in process is 82% complete. The equivalent units for conversion costs is _.I need answer
- Use this information about Carmelita Inc. to answer the question that follows. Carmelita Inc. has the following information available: progress=false Direct materials Conversion costs Costs from Beginning Inventory Costs from Current Period $4,800 5,800 $29,900 140,100 At the beginning of the period, there were 500 units in process that were 43% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 5,500 units were started and completed. Ending inventory contained 400 units that were 24% complete as to conversion costs and 100% complete as to materials costs. The company uses the FIFO cost flow method. ☐ The equivalent units of production for direct materials and conversion costs, respectively, were Oa. 5,500 for direct materials and 5,881 for conversion costs Ob. 5,900 for direct materials and 5,881 for conversion costs Oc. 5,881 for direct materials and 5,900 for conversion costs Od. 5.881 for direct materials and 5,881 for conversion…helpPlease help me with show all calculation thanku
- (Refer to Fox Corp.) Assume that FIFO process costing is utilized. What is the cost per equivalent unit for conversion?Swifty Company's Assembly Department has materials cost at $3 per unit and conversion cost at $9 per unit. There are 29100 units in ending work in process, all of which are 60% complete as to conversion costs. Materials are added at the beginning of the process. How much are total costs to be assigned to inventory? $87300. $157140. $244440. $349200.Bonita Company's Assembly Department has materials cost at $5 per unit and conversion cost at $10 per unit. There are 29500 units in ending work in process, all of which are 70% complete as to conversion costs. Materials are added at the beginning of the process. How much are total costs to be assigned to inventory? $442500. $354000. $147500. $206500.
- The Bottling Department of Lake Michigan Water Company had 3,000 liters in beginning work in process inventory (30% complete). During the period, 66,000,liters were completed. The ending work in process inventory was 2,000 liters (60% complete). Using the FIFO method, what are the equivalent units for conversion costs? Please show your work for maximum points. Edit Format Table 12pt v Paragraph v В I O words MacBook ProSheffield Company has unit costs of $6 for direct materials and $15 for conversion costs. There are 4000 units in ending Work in Process inventory that are 30% complete related to conversion costs, and fully complete related to direct materials cost. How much is the total cost assigned to the ending Work in Process inventory if the weighted-average method is used? a. $84000 b. $18000 c. $42000 d. $24000The Bottling Department of Mountain Springs Water Company had 5,300 liters in beginning work in process inventory (20% complete). During the period, 58,100 liters were completed. The ending work in process inventory was 3,200 liters (60% complete). All inventories are costed by the first-in, first-out method. What are the equivalent units for conversion costs under the FIFO method? equivalent units All work saved. 1 Previous Next > Submit Test for Grading D