Sweet Brew Coffee produces a signature roast coffee blend. It had no work-in-process inventory on March 31. During April, the company started 15,000 pounds of coffee, and by April 30, 2,500 pounds remained in work-in-process. How many pounds of coffee were completed in April? a) 12,500 b) 13,000 c) 12,000 d) 12,700

Sweet Brew Coffee produces a signature roast coffee blend. It had no work-in-process inventory on March 31. During April, the company started 15,000 pounds of coffee, and by April 30, 2,500 pounds remained in work-in-process. How many pounds of coffee were completed in April? a) 12,500 b) 13,000 c) 12,000 d) 12,700

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter5: Process Cost Accounting—general Procedures

Section: Chapter Questions

Problem 4E: Norwood Co. had 200 units in work in process at the beginning of the month. During the month, 7,500...

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Norwood Co. had 200 units in work in process at the beginning of the month. During the month, 7,500 units were started in production, 6,800 of which, along with the beginning work in process, were completed by the end of the month. The uncompleted units were in ending inventory, one-half complete. What were the equivalent units of production for the month?
Torid Company processes 18,700 gallons of direct materials to produce two products, Product X and Product Y. Product X sells for $10 per gallon and Product Y, the main product, sells for $150 per gallon. The following information is for December: Beginning Ending Production Sales Inventory Inventory Product X: 5,975 5,800 0 175 Product Y: 10,575 10,655 100 20 The manufacturing costs totaled $30,000. How much is the ending inventory for the byproduct if byproducts are recognized in the general ledger at the point of sale?
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