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D-2 X a.cccnj.edu/webapps/assessment/take/launch.jsp?course_assessment_id%3_34256_1&course_id3_3087_1&content_id%3_553857_1&step=null * Question Completion Status: QUESTION 4 10 points The Rolling Department of Keystone Steel Company had 400 Tons in beginning work in process inventory (20% complete). During the period 7,900 tons were completed. The ending work in process inventory was 1,000 tons (30% complete) What are the total equivalent units for conversion costs. 8,120 8,900 7,900 9,800 QUESTION 5 10 points Sa The cost of direct materials transferred into the Rolling Department of Keystone Steel Company is $510,000. The conversion cost for the period in the Rolling Department is $81,200. The total equivalent units for the disrect materials and conversion are 8,500 tons and 8,120 tons, respectively. Determine the direct materials and conversion costs per equivalent unit Direct Materials = $60 per ton %3D Conversion = $10 per ton Direct Materials = $10 per ton Conversion = $60 per ton %3D Direct Materials = $ 85,0000 per ton %3D Conversion = $81,200 per ton Direct Materials $6 per ton %3D Conversion = $1 per ton %3D QUESTION 6 10 points Save Answe Page 1001 PE20-6B The Beginnina Work in Process had a cost of $25.000 Determine the cost of Comnleted and Transferred out Production Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save AJLAnswos Save and Submit Conversion = $60 per ton Direct Materials = $ 85,000 per ton %3D Conversion = $81,200 per ton %3D Direct Materials = $6 per ton Conversion = $1 per ton %3D %3D QUESTION 6 Page 1001 PE20-6B The Beginning Work in Process had a cost of $25,000. Determine the cost of Completed and Transferred out Production 63,000 K 25,000 553,200 550,000 QUESTION 7 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save MacBook Pro Q Search or type URL +.

D-2 X a.cccnj.edu/webapps/assessment/take/launch.jsp?course_assessment_id%3_34256_1&course_id3_3087_1&content_id%3_553857_1&step=null * Question Completion Status: QUESTION 4 10 points The Rolling Department of Keystone Steel Company had 400 Tons in beginning work in process inventory (20% complete). During the period 7,900 tons were completed. The ending work in process inventory was 1,000 tons (30% complete) What are the total equivalent units for conversion costs. 8,120 8,900 7,900 9,800 QUESTION 5 10 points Sa The cost of direct materials transferred into the Rolling Department of Keystone Steel Company is $510,000. The conversion cost for the period in the Rolling Department is $81,200. The total equivalent units for the disrect materials and conversion are 8,500 tons and 8,120 tons, respectively. Determine the direct materials and conversion costs per equivalent unit Direct Materials = $60 per ton %3D Conversion = $10 per ton Direct Materials = $10 per ton Conversion = $60 per ton %3D Direct Materials = $ 85,0000 per ton %3D Conversion = $81,200 per ton Direct Materials $6 per ton %3D Conversion = $1 per ton %3D QUESTION 6 10 points Save Answe Page 1001 PE20-6B The Beginnina Work in Process had a cost of $25.000 Determine the cost of Comnleted and Transferred out Production Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save AJLAnswos Save and Submit Conversion = $60 per ton Direct Materials = $ 85,000 per ton %3D Conversion = $81,200 per ton %3D Direct Materials = $6 per ton Conversion = $1 per ton %3D %3D QUESTION 6 Page 1001 PE20-6B The Beginning Work in Process had a cost of $25,000. Determine the cost of Completed and Transferred out Production 63,000 K 25,000 553,200 550,000 QUESTION 7 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save MacBook Pro Q Search or type URL +.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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D-2 X a.cccnj.edu/webapps/assessment/take/launch.jsp?course_assessment_id%3_34256_1&course_id3_3087_1&content_id%3_553857_1&step=null * Question Completion Status: QUESTION 4 10 points The Rolling Department of Keystone Steel Company had 400 Tons in beginning work in process inventory (20% complete). During the period 7,900 tons were completed. The ending work in process inventory was 1,000 tons (30% complete) What are the total equivalent units for conversion costs. 8,120 8,900 7,900 9,800 QUESTION 5 10 points Sa The cost of direct materials transferred into the Rolling Department of Keystone Steel Company is $510,000. The conversion cost for the period in the Rolling Department is $81,200. The total equivalent units for the disrect materials and conversion are 8,500 tons and 8,120 tons, respectively. Determine the direct materials and conversion costs per equivalent unit Direct Materials = $60 per ton %3D Conversion = $10 per ton Direct Materials = $10 per ton Conversion = $60 per ton %3D Direct Materials = $ 85,0000 per ton %3D Conversion = $81,200 per ton Direct Materials $6 per ton %3D Conversion = $1 per ton %3D QUESTION 6 10 points Save Answe Page 1001 PE20-6B The Beginnina Work in Process had a cost of $25.000 Determine the cost of Comnleted and Transferred out Production Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save AJLAnswos Save and Submit
Transcribed Image Text:D-2 X a.cccnj.edu/webapps/assessment/take/launch.jsp?course_assessment_id%3_34256_1&course_id3_3087_1&content_id%3_553857_1&step=null * Question Completion Status: QUESTION 4 10 points The Rolling Department of Keystone Steel Company had 400 Tons in beginning work in process inventory (20% complete). During the period 7,900 tons were completed. The ending work in process inventory was 1,000 tons (30% complete) What are the total equivalent units for conversion costs. 8,120 8,900 7,900 9,800 QUESTION 5 10 points Sa The cost of direct materials transferred into the Rolling Department of Keystone Steel Company is $510,000. The conversion cost for the period in the Rolling Department is $81,200. The total equivalent units for the disrect materials and conversion are 8,500 tons and 8,120 tons, respectively. Determine the direct materials and conversion costs per equivalent unit Direct Materials = $60 per ton %3D Conversion = $10 per ton Direct Materials = $10 per ton Conversion = $60 per ton %3D Direct Materials = $ 85,0000 per ton %3D Conversion = $81,200 per ton Direct Materials $6 per ton %3D Conversion = $1 per ton %3D QUESTION 6 10 points Save Answe Page 1001 PE20-6B The Beginnina Work in Process had a cost of $25.000 Determine the cost of Comnleted and Transferred out Production Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save AJLAnswos Save and Submit
Conversion = $60 per ton Direct Materials = $ 85,000 per ton %3D Conversion = $81,200 per ton %3D Direct Materials = $6 per ton Conversion = $1 per ton %3D %3D QUESTION 6 Page 1001 PE20-6B The Beginning Work in Process had a cost of $25,000. Determine the cost of Completed and Transferred out Production 63,000 K 25,000 553,200 550,000 QUESTION 7 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save MacBook Pro Q Search or type URL +.
Transcribed Image Text:Conversion = $60 per ton Direct Materials = $ 85,000 per ton %3D Conversion = $81,200 per ton %3D Direct Materials = $6 per ton Conversion = $1 per ton %3D %3D QUESTION 6 Page 1001 PE20-6B The Beginning Work in Process had a cost of $25,000. Determine the cost of Completed and Transferred out Production 63,000 K 25,000 553,200 550,000 QUESTION 7 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save MacBook Pro Q Search or type URL +.
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