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In: Accounting
The Blending Department of Luongo Company has the following cost and production data for the month...
The Blending Department of Luongo Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete $118,000 Conversion costs: 20% complete 82,600 Cost of work in process, April 1 $200,600 Costs incurred during production in April Direct materials $944,000 Conversion costs 430,700 Costs incurred in April $1,374,700 Units transferred out totaled 20,060. Ending work in process was 1,180 units that are 100% complete as to materials and 40% complete as to conversion costs. Collapse question part (a) Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April. Materials Conversion Costs The equivalent units of production?
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ekkarill92 answered 3 months agoRelated Solutions
The Blending Department of Luongo Company has the following cost and production data for the month...
The Blending Department of Luongo Company has the following cost
and production data for the month of April. Costs: Work in process,
April 1 Direct materials: 100% complete $125,000 Conversion costs:
20% complete 87,500 Cost of work in process, April 1 $212,500 Costs
incurred during production in April Direct materials $1,000,000
Conversion costs 456,250 Costs incurred in April $1,456,250 Units
transferred out totaled 21,250. Ending work in process was 1,250
units that are 100% complete as to materials and 40%...
The Blending Department of Oriole Company has the following cost and production data for the month...
The Blending Department of Oriole Company has the following
cost and production data for the month of April.
Costs:
Work in process, April 1
Direct materials: 100%
complete
$113,000
Conversion costs: 20%
complete
79,100
Cost of
work in process, April 1
$192,100
Costs incurred during production in
April
Direct materials
$904,000
Conversion costs
412,450
Costs
incurred in April
$1,316,450
Units transferred out totaled 19,210. Ending work in process was
1,130 units that are 100% complete as to materials and 40%...
The Blending Department of Luongo Company has the following cost and production data for the month...
The Blending Department of Luongo Company has the following cost
and production data for the month of April.
Costs:
Work in process, April 1
Direct materials: 100%
complete
$106,000
Conversion costs: 20%
complete
74,200
Cost of
work in process, April 1
$180,200
Costs incurred during production in
April
Direct materials
$848,000
Conversion costs
386,900
Costs
incurred in April
$1,234,900
Units transferred out totaled 18,020. Ending work in process was
1,060 units that are 100% complete as to materials and 40%...
The Blending Department of Luongo Company has the following cost and production data for the month...
The Blending Department of Luongo Company has the following cost
and production data for the month of April.
Costs:
Work in process, April 1
Direct materials: 100%
complete
$ 122,000
Conversion costs: 20%
complete
85,400
Cost of
work in process, April 1
$ 207,400
Costs incurred during production in
April
Direct materials
$ 976,000
Conversion costs
445,300
Costs
incurred in April
$ 1,421,300
Units transferred out totaled 20,740. Ending work in
process was 1,220 units that are 100% complete as to
materials...
The smelting department of Company X has following production and cost data for September: Production: No...
The smelting department of Company X has following production
and cost data for September:
Production: No beginning work in process; units started into
production 1,000 units; units transferred out to next department
900 units; ending work in process 100 units that are 100% complete
as to materials and 4z% complete as to conversion costs.
Manufacturing costs: In current period, TL50,x00 worth of
materials, TL25,y00 worth of labor and TL3t,000 worth of
manufacturing overhead costs are incurred.
(a) (15 points) Assuming...
The Sanding Department of Kayden Company has the following production and cost data for November. Production ...
The Sanding Department of Kayden Company has the following
production and cost data for November.
Production
Costs
1. Started and completed 9,000
units.
Beginning work in process
$ -0-
2. Started 3,000 units that are
75%
Materials
56,250
completed at
November
30.
Labor
123,750
Manufacturing Overhead
45,000
Materials are entered at the beginning
of the process. Conversion costs are incurred uniformly during the
process. Kayden Company uses the FIFO method to compute equivalent
units.
(a) Determine...
The Cutting Department of Cassel Company has the following production and cost data for July. Production...
The Cutting Department of Cassel Company has the following
production and cost data for July. Production Costs 1. Transferred
out 12,000 units. Beginning work in process $0 2. Started 3,000
units that are 60% Materials 45,000 complete as to conversion Labor
16,200 costs and 100% complete as Manufacturing overhead 18,300 to
materials at July 31. Materials are entered at the beginning of the
process. Conversion costs are incurred uniformly during the
process.
Determine the equivalent units of production for (1)...
The smelting department of Company X has the following production and cost data for September: •...
The smelting department of Company X has the following
production and cost data for September:
• Production: Beginning work in process 200 units that are 100%
complete as to materials and 82% complete as to conversion costs;
units started into production 1,000 units; units transferred out to
next department 950 units; ending work in process are 100% complete
as to materials and 42% complete as to conversion costs.
• Manufacturing costs: Beginning work in process TL8,200
materials, TL9,270 labor, and...
The smelting department of Company X has the following production and cost data for September: •...
The smelting department of Company X has the following
production and cost data for September:
• Production: Beginning work in process 200 units that are 100%
complete as to materials and 82% complete as to conversion costs;
units started into production 1,000 units; units transferred out to
next department 950 units; ending work in process are 100% complete
as to materials and 42% complete as to conversion costs.
• Manufacturing costs: Beginning work in process TL8,200
materials, TL9,270 labor, and...
Q-2) The smelting department of Company X has following production and cost data for September: Production:...
Q-2) The smelting department of Company X has following
production and cost data for September:
Production: Beginning work in process 200 units that are 100%
complete as to materials and 85% complete as to conversion costs;
units started into production 1,000 units; units transferred out to
next department 900 units; ending work in process 300 units that
are 100% complete as to materials and 46% complete as to conversion
costs.
Manufacturing costs: Beginning work in process TL8,600
materials, TL9,230 labor...
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