The last department in a production process shows the following information at the end of the period. Beginning work in process 40,000 Started into Production 190,000 Ending Work in Process 75,000 How many units have been transferred out to finished goods during the period? a. 155,000 b. 230,000 c. 187,500 d. 175,000
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- The last department in a production process shows the following information at the end of the period: Units Beginning Work in Process 3,000 Started into Production 21,000 Ending Work in Process 6,000 How many units have been transferred out to finished goods during the period?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…Part A The following data show the units in beginning work in process inventory, the number of units started, the number of units transferred, and the percent completion of the ending work in process for conversion. Given that materials are added at the beginning of the process, what are the equivalent units for material and conversion costs for each quarter using the weighted - average method? Assume that the quarters are independent. \table [[Beginning ,,], [Quarter, \table [[Work in], [Process]], Started, Out, (%)],[1,, 255, 000, 235,50], [2, 2, 500, 275, 000, 250, 40], [3, 3, 600, 290, 000, 275,000, 45], [4, 6, 500, 300,000, 280, 000,60]]
- 6 Compute the conversion cost per equivalent unit for the Production department using the weighted-average method. Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Production cost information for the Production department follows. Beginning work in process Direct materials. Conversion Costs added this period Direct materials Conversion $ 93,500 107,000 Units 18,000 90,000 108,000 30,000 $ 253,000 291,160 $ 200,500 $544,160 Direct Materials Percent Complete 100% 100% Conversion Percent Complete 40% 60%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.Prepare a physical flow reconciliation with the information below. Blonding Process Units of Product Percont of Converslon 150,000 Beginning work in process... Goods started... Goods completed.. Ending work in process. 80% 310,000 100 340,000 100 120,000 25
- The Slicing Department production process shows: Beginning Work in Process Ending Work in Process. Total units to be accounted for How many units were completed and transferred out from Department 1? 170.000. 110,000. Ⓒ160,000. Units 10,000 50,000 160,000 150,000.takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress3Dfalse Calculator A company started the month with 8,333 units in work in process inventory. It started 23,146 units and had an ending inventory of 9,322. The units were 100% complete to materials and 67% complete with conversion. How many units were transferred out during the period? Units transferred out Previous Next Email Instructor Submit Test for Grading All work saved. 5:18 PM 10/2/2020 arch OA) what is the equivalent units of production for materials? B) what is the equivalent units of production for conversion ?
- 4A process manufacturer's first production department reports the following. Beginning work in process inventory Units started this period Conversion Costs added this period. Direct materials Conversion Total costs to account for Units 80,000 406,000 384,000 102,000 Completed and transferred out Ending work in process inventory The first production department reports the cost information below. Beginning work in process inventory Direct materials $184,444 1,327,279 885,242 Cost per equivalent unit of production: FIFO method Direct Materials Conversion Percent Complete 65% 46,359 $ 230,803 Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) 858 2,212,521 $ 2,443,324 Percent Complete 35% Compute the department's costs per equivalent unit of production for both direct materials and conversion. Note: Round "Cost per EUP" to 2 decimal places. 358 Direct Materials ConversionAssume the following information: Milling Department Beginning work in process inventory. Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory Percent Complete Units Materials Conversion 200 40% 30% 6,200 5,800 100% 100% 600 70% 60% Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 281,000 $ 291,000 Conversion $ 15,000 385,000 $ 400,000 Using the weighted-average method, the total cost of the ending work in process inventory with respect to materials is closest to: Multiple Choice $21,150. $20,150. $20,850.