The tables below show the information related to the Assembly department for April 2021: Assembly Department in units Work in Process April 1 400 units Units Started during April 4,600 units Units completed & transferred out to Packaging Department 4,000 units Work in Process April 30 100% completed as to direct material 80% completed as to conversion costs ? units Costs in Assembly Department Direct material S12,000 Work in Process April 1 Conversion Costs $15,000 Direct material $63,000 Costs incurred during April Conversion Costs $13,800 Based on the above, the number of physical units that should be accounted for during April are: * 1,000 units 4,000 units 5,000 units None of the above

The tables below show the information related to the Assembly department for April 2021: Assembly Department in units Work in Process April 1 400 units Units Started during April 4,600 units Units completed & transferred out to Packaging Department 4,000 units Work in Process April 30 100% completed as to direct material 80% completed as to conversion costs ? units Costs in Assembly Department Direct material S12,000 Work in Process April 1 Conversion Costs $15,000 Direct material $63,000 Costs incurred during April Conversion Costs $13,800 Based on the above, the number of physical units that should be accounted for during April are: * 1,000 units 4,000 units 5,000 units None of the above

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Description: 11:59 A46* .l 95% I4G+docs.google.com/forms/d/e/1|2The tables below show the informationrelated to the Assembly department forApril 2021:Assembly Department in unitsWork in Process April 1400 unitsUnits Started during April4,600 unitsUnits completed

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The Welding Department of Concord Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process 15,100 units, 1/10 complete Materials $18,100 Units transferred out 55,400 Conversion costs 14,960 $33,060 Units started 51,300 Materials 237,540 Ending work in process 11,000 units, 1/5 complete Labor 67,900 Overhead 89,940 Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, e.g. 2.25 and all other answers to 0 decimal places, e.g. 1,225.)
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The Assembly Department of the Long-Distance Golf Club Super Driver Company, has the following production and cost data at the end of March, 2021. Production: 12,600 units started into production; 11,500 units transferred out and 1,100 units 100% completed as to materials and 70% completed as to conversion costs. Manufacturing Costs: Materials added at beginning of process, $49,750; Labor, $61,550; Overhead $32,440. Instructions Prepare a Production Cost Report for the Company for the month of March 2021.
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Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,268,894 as follows. Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $78,800 48,800 $127,600 1,581,280 225,000 335,014 Production records show that 35,400 units were in beginning work in process 30% complete as to conversion costs, 656,300 units were started into production, and 25,400 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.
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