Most Brilliant Professor Mullen Company had no beginning work in process. During the period, 8,000 units were completed and transferred out, and there were 800 units of in ending inventor. How many units were started in production? a. 8,800 b. 8,000 c. 7,200 d. 800
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- 15. The last department in a production process shows the following information at the end of the period: Units 25,000 240,000 50,000 Beginning Work in Process Started into Production Ending Work in Process How many units have been transferred out to finished goods during the period? A) 215,000 B) 265,000 C) 240,000 D) 290,000. 18 (A mod (8 16. Physical units accounted for are 160,000. Total conversion costs are $387,100. There are 4,000 units in ending inventory which are 50% complete as to conversion costs. How much is the conversion cost per unit? A) $2.39. B) $2.42. C) $2.36. D) $2.45. Caleraubo ds brs ($300 0000 1: per ders Wot bailogs ai per Uioam's 40 odst 00,01$.E(A 17. Which of the following is not typical of traditional costing systems? A) Use of a single predetermined overhead rate. B) Assumption of correlation between direct labor and incurrence of overhead cost. C) Use of multiple cost drivers to allocate overhead. Use of direct labor hours or direct labor cost to assign…Waterway Company had no beginning work in process. During the period, 17500 units were completed, and there were 1140 units of ending work in process. How many units were started into production? 18640. 1140. 16360. 17500.bh.2
- 6. The following data are for the two products produced by Johan Company. Product A Product B P15 per unit 0.3 DLH per unit 0.1 MH per unit 125 batches Direct materials P24 per unit 1.6 DLH per unit 1.2 MH per unit 225 batches 2,000 units 58 modifications Direct labor hours Machine hours Batches 10,000 units 12 modifications Volume Engineering modifications Number of customers Market price 500 customers 400 customers P30 per unit P120 per unit The company's direct labor rate is P20 per direct labor hour (DLH). Additional information follows. Costs Driver Indirect manufacturing: Engineering support Electricity Setup costs Nonmanufacturing: Customer service P24,500 34,000 52,500 Engineering modifications Machine hours Batches 81,000 Number of customers REQUIRED: 1. Compute the manufacturing cost per unit using the plant-wide overhead rate based on direct labor hours. What is the gross profit per unit? 2. How much gross profit is generated by each customer of Product A using the…5:31 Part E76 is used in one of Ran Corporation's products. The company's Accounting Department reports the following costs of producing the 12,000 units of the part that are needed every year. Per unit Direct materials. Direct labor...... .$4.50 1.20 Variable overhead. Supervisor's salary.... Depreciation of special equipment.. 2.30 Allocated general overhead... 2.70 3.00 1.80 An outside supplier has offered to make the part and sell it to the company for $16.00 each. If this offer is accepted, the supervisor's salary and all of the variable costs, including direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage value or other use. The allocated general overhead represents fixed costs of the entire company. If the outside supplier's offer were accepted, only $5,000 of these allocated general overhead costs would be avoided. In addition, the space used to produce part E43 could be used to make more of one of the…A process with no beginning work in process, completed and transferred out 85,000 units during a period and had 50,000 units in the ending work in process inventory that were 20% complete. The equivalent units of production for the period were: Select one O a. 70,000 equivalent units. b. 95,000 equivalent units. Oc. None of the answers are correct O d. 100,000 equivalent units. e. 85,000 equivalent units.
- In the manufacture of 10,000 units of a product, direct materials cost incurred was $143,700, direct labor cost incurred was $85,000, and applied factory overhead was $43,500. What is teh total conversion cost. A. $187,200 B. $128,500 C. $272,200 D. $43,500Hh2.02.0 000.11 400 units in beginning work in process that are 75% complete with respect to materials and conversion costs. 2.) Sandaconda Company has: 20ninosm (1015) The company's units to be accounted for are: A.) 7,600 B.) 7,700 C.) 8,300 D.) 8,400 stad 8,000 units started into production 700 units in ending work in process that are 25% complete with respect to materials and conversion costs DOPO 002.592 (0 000.212 (C ut sot sreb 1800 sai wolsä