The refining department solve this question The Refining Department of Sweet Sugar, Inc. had 79,000 tons ofsugar to account for in July. Of the 79,000 tons, 49,000 tons werecompleted and transferred to the Boiling Department, and theremaining 30,000 tons were 50% complete. The materials requiredfor production are added at the beginning of the process.Conversion costs are added equally throughout the refining process.Calculate the total equivalent units of production for directmaterials.

Step 1: Define WIP InventoryWork-in-progress (WIP) is a production and supply-chain management word…

Answered: The Refining Department of Sweet Sugar,…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 11EA: Mazomanie Farm completed 20,000 units during the quarter and has 2,500 units still in process. The...

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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.
The Converting Department of Tender Soft Tissue Company uses the weighted average method and had 1,900 units in work in process that were 60% complete at the beginning of the period. During the period, 15,800 units were completed and transferred to the Packing Department. There were 1,200 units in process that were 30% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. b. Determine the number of equivalent units of production for the period. Assume that direct materials are placed in process during production.
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.
Ardt-Barger has a beginning work in process inventory of 5.500 units and transferred in 25,000 units before ending the month with 3.000 u flits that were 100% complete with regard to materials and 80% complete with regard to conversion costs. The cost per unit of material is $5.45, and the cost per unit for conversion is $6.20 per unit, Using the weighted-average method, prepare the companys process cost summary for the month.
The Refining Department of Kristian, Inc. had 83,000 pounds of materials to account for in the current month. Of the 83,000 pounds, 69,000 pounds were completed and transferred to finished goods, and the remaining 14,000 pounds were 80% complete. The materials required for production are added at the beginning of the process. Conversion costs are added evenly throughout the refining process. The weighted−average method is used. Calculate the total equivalent units of production for direct materials. A. 69,000 pounds B. 80,200 pounds C. 83,000 pounds D. 11,200 pounds
Using the weighted average method, what are the equivalent units for conversion costs?
The Converting Department of Worley Company had 1,000 units in work in process at the beginning of the period, which were 40% complete. During the period, 20,800 units were completed and transferred to the Packing Department. There were 1,120 units in process at the end of the period, which were 70% 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. If an amount is zero, enter in "0".
The Bottling Department of Mountain Springs Water Company had 4,100 liters in beginning work in process that were 30% complete. During the period, 56,800 liters were completed. The ending work in process inventory had 2,800 liters that were 60% complete. Assume that Mountain Springs uses the FIFO cost flow method and that materials are added at the beginning of the process. What are the conversion equivalent units of production for the period?
The Mixing Department of Delightful Color Inc. has 70,000 units to account for, of which 58,000 units are completed and transferred to the Canning Department. The remaining 12,000 units left in the process at the end of the period are 70% complete with respect to conversion costs. All the direct materials required for mixing are added at the beginning of the process. What is the total equivalent units (EU) of production for direct materials under the Weighted average method? Group of answer choices 58,000 EU 70,000 EU 49,000 EU 66,400 EU
The Converting Department of Worley Company had 1,080 units in work in process at the beginning of the period, which were 70% complete. During the period, 22,800 units were completed and transferred to the Packing Department. There were 1,200 units in process at the end of the period, which were 70% 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. If an amount is zero, enter in "0". Worley Company Number of Equivalent Units of Production Whole Units Direct MaterialsEquivalent Units ConversionEquivalent Units Inventory in process, beginning fill in the blank 1 fill in the blank 2 fill in the blank 3 Started and completed fill in the blank 4 fill in the blank 5 fill in the blank 6 Transferred to Packing Department fill in the blank 7 fill in the blank 8 fill in the blank 9 Inventory in process, ending fill in the blank…
The Mixing Department of Tasty Foods had 60,000 equivalent units of materials for October. Of the 60,000 units, 20,000 units were completed and transferred to the next department, and 40,000 units were 50% complete. Tasty Foods's costs per equivalent unit of production are $0.70 for direct materials and $0.45 for conversion costs. All of the materials are added at the beginning of the process. Conversion costs are added evenly throughout the process and the company uses the weighted-average method. Calculate the cost of the 20,000 units completed and transferred out and the 40,000 units, 50% complete, in the ending Work-in-Process Inventory. COSTS Costs accounted for: Tasty Foods Production Cost Report - Mixing Department (Partial) Month Ended October 31 Completed and transferred out Ending work-in-process Total costs accounted for Direct Materials Conversion Costs Total Costs
The Bottling Department of Mountain Springs Water Company had 4,400 liters in beginning work in process inventory (25% complete). During the period, 55,400 liters were completed. The ending work in process inventory was 3,000 liters (65% complete). All inventories are costed by the first-in, first-out method. What are the equivalent units for conversion costs under the FIFO method? what are the equivalent units for conversion costs

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