The Jamaica Company manufactures a product in a single process, The following information is available: Input Material Material Added Direct Labour Cost Incurred Manufacturing Overhead Incurred Normal Losses Scrap value of losses Completed and transferred to Finished Goods Time left 1:02:56 2,500 kilos valued at $14.40 per kilo $8,000 $38,500 $30,500 10% of input $20.00 per kilo 2,150 kilos Given that 20 of the unexpected losses was because of pilferage, What is the amount to be charged to the costing profit and loss account for the period? Select one: ○ A. $2,000 ○ B. $4,800 ○ C. $3,200 ○ D. $2,800

[The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Percent Units Complete Percent Complete 35% Beginning work in process inventory Units started this period. 76,000 65% 402,000 Completed and transferred out 350,000 Ending work in process inventory 98,000 85% 35% Exercise 20-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 The production department had the cost information below. Beginning work in process inventory Direct materials 5.180,444 45,559 Conversion $ 226,003 Costs added this period, Direct materials Conversion 1,278,951 845,186 Total costs to account for 2.124,137 $2,350,140 a. Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign April's costs to the department's output-specifically,…

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The Jamaica Company manufactures a product in a single process, The following information is available: Input Material Material Added Direct Labour Cost Incurred Manufacturing Overhead Incurred Normal Losses Scrap value of losses Completed and transferred to Finished Goods 2,500 kilos valued at $14.40 per kilo $8,000 $38,500 $30,500 10% of input $20.00 per kilo 2,150 kilos Given that 20 of the unexpected losses was because of pilferage, What is the amount to be charged to the costing profit and loss account for the period? Select one: OA. $4,800 O B. $2,000 O C. $3,200 OD. $2,800 Clear my choice B

For each of the following independent cases (A to E), compute the missing values in the table: Case B C D E Prime Conversion Cost Cost $ 9,450 $ 16,420 $ 56,200 110,700 49,250 Direct Materials 4,070 10,150 41,800 19,600 Direct Manufacturing Labor Overhead BIM $ 7,440 11,350 13,600 11,040 24,800 23,900 Total Manufacturing Cost 42,390 68,850 56,600

Subject: Accounting

Use the following data from a company using a process costing system to answer the question below. Conversion cost per equivalent unit for materials $2.50 Cost per equivalent unit for conversion $3.75 Beginning inventory costs $1, 200 Equivalent units for beginning inventory conversion 2, 400 Equivalent Units started and completed for both materials and conversion 10,000 Compute cost of good manufactured A. $10, 200 B. $72, 700 C. $71,500 D. $62, 500

Q. 2

Following is a partial production cost report for Mitchell Mar Equivalent units of production (EUP) Direct Materials Units Completed and transferred out Ending Work in Process Cost per EUP Cost of beginning work in process $40,500 Costs added this period 136,000 Total costs $ 176,500 % EUP from part (a) Cost per EUP O $135,500. O $136,000. O $176,500. 50,000 15,000 O $176,150. O $196,000. Conversion 65,000 $2.71 Percent Complete EUP Percent Complete EUP 100% 50,000 100% 50,000 100% 15,000 80% 12,000 65,000 62,000 Direct Materials Conversion The total direct materials costs transferred out of the Canning department equals: per EUP $ 59,700 183,100 $ 242,800 62,000 $3.92 per EUP

ssume the following information:  Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 291,600 394,500 686,100 Total cost $ 301,600 $ 409,500 $ 711,100 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department?