The Phelan Company had 14,000 units in beginning work in process, 60% complete. 20,000 units were completed and transferred out during the month. Ending work in process is 60% complete, which is equivalent to 3,600 whole units for Conversion Costs. Materials are added at the beginning of the process. The number of equivalent units for Material costs is: A) 23,600 units B) 27,000 units C) 26,000 units

The Phelan Company had 14,000 units in beginning work in process, 60% complete. 20,000 units were completed and transferred out during the month. Ending work in process is 60% complete, which is equivalent to 3,600 whole units for Conversion Costs. Materials are added at the beginning of the process. The number of equivalent units for Material costs is: A) 23,600 units B) 27,000 units C) 26,000 units

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter6: Process Costing

Section: Chapter Questions

Problem 27E: During the month of June, the mixing department produced and transferred out 3,500 units. Ending...

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The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000. The conversion cost for the period in the Rolling Department is 462,600. The total equivalent units for direct materials and conversion are 4,000 tons and 3,855 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.
The Converting Department of Worley Company had 2,400 units in work in process at the beginning of the period, which were 35% complete. During the period, 10,800 units were completed and transferred to the Packing Department. There were 1,900 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs.
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