Maynard Inc. manufactures desks. The following data were given for production in February: Units, beginning work in process Units started Units completed Units, ending work in process (40% complete) What were the total number of units to account for? Oa. 400 Ob. 150 Oc. 200 Od. 50 Oe. None of these choices are correct. 0 200 ? 50

Maynard Inc. manufactures desks. The following data were given for production in February: Units, beginning work in process Units started Units completed Units, ending work in process (40% complete) What were the total number of units to account for? Oa. 400 Ob. 150 Oc. 200 Od. 50 Oe. None of these choices are correct. 0 200 ? 50

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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Maynard Inc. manufactures desks. The following data was given for production in February: units, beginning work in process 0 units started 200 units completed ? units, ending work in process (40% complete) 50 What were the total number of units to account for? a.200 b.50 c.400 d.150 e.None of these choices are correct.
Maynard Inc. manufactures desks. The following data was given for production in February: units, beginning work in process 0 units started 200 units completed ? units, ending work in process (40% complete) 50 What are the equivalent units? a.170 b.150 c.180 d.200 e.None of these choices are correct.
Maynard Inc. manufactures desks. The following data was given for production in February: units, beginning work in process 0 units started 200 units completed ? units, ending work in process (40% complete) 50 How many units were completed? a.150 b.50 c.200 d.400 e.None of these choices are correct.
Maynard Inc. manufactures desks. The following data was given for production in February: units, beginning work in process 0 units started 200 units completed ? units, ending work in process (40% complete) 50 If a total of $11,050 in production costs were incurred, what is the unit cost in February? a.$73.67 b.$221 c.$65 d.$55.25 e.None of these choices are correct.
Maynard Inc. manufactures desks. The following data was given for production in February: units, beginning work in process 0 units started 200 units completed ? units, ending work in process (40% complete) 50 If a total of $11,050 in production costs were incurred, how much cost is assigned to the units completed? a.$3.250 b.$11,050 c.$8,287.50 d.$9,750 e.None of these choices are correct.
Sohar Company had the following department data: Physical Units Work in process, July 1 30,000 Completed and transferred out 135,000 Work in process, July 31 45,000 Materials are added at the beginning of the process. What is the total number of equivalent units for materials in July? Select one: а. 45,000. O b. 150,000. OC. 210,000. O d. None of the answers are correct Ое. 135,000.
Sandhill Company has the following record of costs. Balance May 1 Materials Labor Overhead Transfer out Balance May 31 MANUFACTURING COSTS Raw Materials Inventory -$5,700 Factory Labor -$2,710 Manufacturing Overhead -$1,280 WORK IN PROCESS Painting $3,790 5,700 2,710 1,280 -? $? FINISHED GOODS INVENTORY ? Production records show that there were 600 units in the beginning inventory, 30% complete, 1,600 units started, and 1,500 units transferred out. The beginning work in process had materials cost of $2,440 and conversion costs of $1,350. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.
Ibra Company had the following department information for the month: Total materials costs OMR 48,000 Equivalent units of materials 10,000 Total conversion costs OMR 80,000 Equivalent units of conversion costs 20,000 What is the total manufacturing cost per unit? Select one: O a. OMR 8.80. O b. OMR 4.80. O c. None of the answers are correct O d. OMR 4.26. Oe. OMR 4.00.
Sohar Company had the following department data: Physical Units Work in process, July 1 30,000 Completed and transferred out 135,000 Work in process, July 31 45,000 Materials are added at the beginning of the process. What is the total number of equivalent units for materials in July? Select one: a. None of the answers are correct b. 45,000. Oc. 150,000. O d. 135,000. O e. 210.000.
Sohar Company had the following department data: Physical Units Work in process, July 1 30,000 Completed and transferred out 135,000 Work in process, July 31 45,000 Materials are added at the beginning of the process. What is the total number of equivalent units for materials in July? Select one: O a. None of the answers are correct O b. 135,000. O c. 150,000. O d. 210,000. Oe.45,000.
Prepare the production report. (round your numbers)
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