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 November 2021, Cruz Company presented the following costs on three processes:what is the equivalent unit of production (EUP) on conversion in Department A?102,90098,500102,00095,000 November Costs incurred:Process AProcess BProcess C407,030.00303,426.00242,946.00953,402494 459354,492MaterialsDirect LaborOverhead299,229301,915238,560241,735Total1,032,248898,142|70% at the beginning of the 50% at beginning, 50% 40% at beginning,additional 30% at 40%complete, and remaining30% at 80% complete.Materials are added at:process; remaining 30% at at 80% conversion.60% conversion.Started/Transferred in (units)Completed (units)100,000???4,000 units at 40%converted.3,000 units at 30% converted.3,000 units at 50% converted.In process, end (units) andstage of completion

Under the weighted average method of process costing, the beginning work in process units are not…

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 November 2021, Cruz Company presented the following costs on three processes: what is the equivalent unit of production (EUP) on conversion in Department A?

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 November 2021, Cruz Company presented the following costs on three processes: what is the equivalent unit of production (EUP) on conversion in Department A?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 15E: Costs per equivalent unit and production costs Based on the data in Exercise 17-14, determine the...

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Required information [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Beginning work in process inventory Units started this periodi Completed and transferred out Ending work in process inventory Units started and completed Units 240.000 60,000 322,000 300,000 82,000 Direct Materials Percent Complete 60% 80% Conversion Percent Complete 40% (a) Compute the number of units started and completed this period for the first production department. 30%
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
Subject: Cost Accounting
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How much should be the accumulated cost of work in process as of May 31? a. P90,000 b. P100,000 c. P190,000 d. P220,000
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Using The FIFO Method of Process Costing, prepare journal entries
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am. 111.