How many units have been transferred out to finished goods during the period? The last department in a production process shows thefollowing information at the end of the period.Beginning Work in Process 50,000Started into ProductionEnding Work in Process210,00085,000How many units have been transferred out to finishedgoods during the period?

Concept of Beginning Work in Process:Beginning Work in Process (WIP) refers to the number of units…

Answered: The last department in a production…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 10PA: Production information shows these costs and units for the smoothing department in August. All...

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Finished goods during the period?
How many units have been transferred out?
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]]
The last department in a production process shows the following information at the end of the period: Units Beginning work in process 25,000 Started into Production 2,00,000 Ending Work in Process 50,000 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
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 process for conversion. Given that materials are added at the beginning of the process. Beginning Quarter WIP Transferred Conversion (%) 134,350 133,550 25 522 132,593 132,515 24 337 133,245 133,432 20 487 134,845 134,032 23 What are the equivalent units for material and conversion costs for each quarter using the weighted-average method? Assume that the quarters are independent. Quarter 1 Quarter 2 Quarter 3 Quarter 4 1 2 3 4 - Started Out Units for material costs Units for conversion costs
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. Beginning Quarter WIP Started 1 2 3 4 Transferred Conversion Out (%) 134,350 133,550 132,503 132,515 522 337 133,245 133,432 487 134,845 134,032 What are the equivalent units for material and conversion costs for each quarter using the weighted-average method? Assume that the quarters are independent. Quarter 1 Quarter 2 Quarter 3 Quarter 4 Units for material costs Units for conversion costs 25 24 20 23
A) what is the equivalent units of production for materials? B) what is the equivalent units of production for conversion ?
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. Quarter BeginningWIP Started TransferredOut Conversion(%) 1 — 134,150 133,350 25 2 522 132,595 132,542 24 3 340 133,245 133,425 20 4 487 134,842 134,329 23 What are the equivalent units for material and conversion costs for each quarter using the weighted-average method? Assume that the quarters are independent. Quarter 1 Quarter 2 Quarter 3 Quarter 4 Units for material costs fill in the blank 1 fill in the blank 2 fill in the blank 3 fill in the blank 4 Units for conversion costs fill in the blank 5 fill in the blank 6 fill in the blank 7 fill in the blank 8
C) what's is the cost per equivalent unit for materials ? ( round your answer to 2 decimal places.) D) what is the cost equivalent unit for conversion? (Round your answer to 2 decimal places.) E) what is the cost of units transferred out? (Round your cost per equivalent unit to 2 decimal places.)
Swifty Company had the following department data: Work in process inventory, beginning Completed and transferred out Work in process inventory, ending Physical Units 0 91000 8000 Materials are added at the beginning of the process. What are the equivalent units of production for materials during the period?

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The last department in a production process shows the following information at the end of the period. Beginning Work in Process 50,000 Started into Production Ending Work in Process 210,000 85,000 How many units have been transferred out to finished goods during the period?