Please solve general account questions The last department in a production process shows the followinginformation at the end of the period:UnitsBeginning work in process25,000Started into Production2,00,000Ending Work in Process50,000How many units have been transferred out to finished goods during theperiod?a. 155,000b. 230,000c. 187,500d. 175,000

Step 1: Understand the Flow of UnitsIn a production process, units are accounted for using the…

Answered: The last department in a production…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 12E: a. Based on the data in Exercise 17-11, determine the following: 1. Cost of beginning work in...

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Production information shows these costs and units for the smoothing department in August. All materials are added at the beginning of the period. The ending work in process is 30% complete as to conversion. What is the value of the inventory transferred to finished goods and the value of the WIP inventory at the end of the month?
How many units were started into production in a period if there were zero units of beginning work in process inventory, 1,100 units in ending work in process inventory, and 21,500 completed and transferred out units?
Please give me answer Accounting
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?
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]]
Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials ConversionEquivalent units in ending work in process inventory. . . . . 2,000 800Cost per equivalent unit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $13.86 $4.43 A total of 20,100 units were completed and transferred to the next processing department during the period.Required:1. Compute the cost of ending work in process inventory for materials, conversion, and in total.2. Compute the cost of the units completed and transferred out for materials, conversion, and in total.
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.
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.
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
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 100,000 equivalent units. b. 95,000 equivalent units. O c 85,000 equivalent units. O d. 70,000 equivalent units. O e. None of the answers are correct
9. Using the following terms, prepare the worksheet to show the calculation to answer the question: Units completed and transferred out Cost per material Cost per conversion Equivalent units conversion Beginning inventory Units started in production Total units to account for Total work in process Ending inventory Units transferred in Total units accounted for Costs to account for Question: A company started the month with 8,329 units in work in process inventory. It started 23,142 units and had an ending inventory of 9,321. The units were 100% complete to materials and 67% complete with conversion. complete the following table to determine how many units were transferred out during the period? PLEASE NOTE: For units, use commas as needed (i.e. 1,234). ? ? ? ? ? ? x x Total units to account for ? ? ? ? ?
Regarding your ansWhat would be the answers for: 2. Equivalent Units or Material is calculated by 500,000 units Transferred Next Department plus......Units of Ending Work in Process times 80% complete with respect to the material. 3. Equivalent Units for Direct Labor is calculated by 500,000 units Transferred to Next Department plus ...... Units of Ending work in Process multiply by 50% complete with respect to the direct labor.

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