What is the missing amount in this physical flow of units? Work in process, August 1 Units started in August Units completed during August Work in process, August 31 Multiple Choice 10.000 tons 12,000 tons 8,000 tons 30,000 tons 9,000 tons ? 19,000 2,000 tons

What is the missing amount in this physical flow of units? Work in process, August 1 Units started in August Units completed during August Work in process, August 31 Multiple Choice 10.000 tons 12,000 tons 8,000 tons 30,000 tons 9,000 tons ? 19,000 2,000 tons

Name: What is the missing amount in this physical flow of units?Work in pro
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Description: What is the missing amount in this physical flow of units?Work in process, August 1Units started in AugustUnits completed during AugustWork in process, August 31Multiple ChoiceO)10,000 tons12,000 tons8,000 tons30,000 tons9,000 tons?19,0002,000 tons

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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Question Content Area Equivalent Units of Production The Converting Department of Hopkinsville Company had 920 units in work in process at the beginning of the period, which were 30% complete. During the period, 19,200 units were completed and transferred to the Packing Department. There were 1,040 units in process at the end of the period, which were 40% 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 "o". Hopkinsville Company Number of Equivalent Units of Production Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total
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Question Content Area Department G had 2,400 units 25% completed at the beginning of the period, 13,500 units were completed during the period, 2,000 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $27,200 Costs added during period: Direct materials (13,100 units at $8) 104,800 Direct labor 79,800 Factory overhead 26,600 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)? a.$18,400 b.$19,200 c.$16,000 d.$24,960
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