Sammy's Soldier, manufactures paints. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 30% converted.............. 200 units Units started during February............................................................... 800 units Work in process, ending inventory..................................................... 240 units Costs for Department A for February 2017 are: Work in process, beginning inventory: Direct materials.................................................. $150,000 Conversion costs............................................................................................................................. $210,000 Direct materials costs added during February.....................................................................$603,000 Conversion costs added during February............................................................................. $429,000 Required: How many units were completed and transferred out of Department A during February? Question 19Answer a. 1000 units b. 800 units c. 440 units d. 760 units
Sammy's Soldier, manufactures paints. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 30% converted.............. 200 units
Units started during February............................................................... 800 units
Work in process, ending inventory..................................................... 240 units
Costs for Department A for February 2017 are:
Work in process, beginning inventory: Direct materials.................................................. $150,000
Conversion costs............................................................................................................................. $210,000
Direct materials costs added during February.....................................................................$603,000
Conversion costs added during February............................................................................. $429,000
Required: How many units were completed and transferred out of Department A during February?
Question 19Answer
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