The Assembly Department started the month with 24,600 units in its beginning work in process inventory....

The Assembly Department started the month with 24,600 units in its beginning work in process inventory. An additional 309,600 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,600 units completed and transferred to the next processing department during the month. How many units were in its ending work in process inventory?

Multiple Choice

363,800

304,600

334,200

314,600

Solutions

Expert Solution

Units in ending work in process inventory = Beginning WIP+Units brought in - Units completed

= 24600+309600-29600

=304600

Correct option is the second one.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Define each of the following terms: Units in beginning work in process inventory Units started and...

Define each of the following terms: Units in beginning work in process inventory Units started and completed during the monthly time period. Units in ending work in process at the end of the month. Define equivalent units of production. Why do we need separate calculations for Direct Materials and Conversion Costs? In a manufacturing process define Yield

Litres Costs Beginning work in process inventory 0 litres Beginning work in process inventory $0 Started...

Litres Costs Beginning work in process inventory 0 litres Beginning work in process inventory $0 Started production 14,300 litres Costs added during November: Completed and transferred out to Chicken 21,740 Retort in November 13,600 litres Cream 4,000 Ending work in process inventory Green peppers and mushrooms 5,440 (60% of the way through the Direct labour 11,200 mixing process) 700 litres Manufacturing overhead 9,830 Total costs $52,210 1. Fill in the time line for the Mixing Department. 2. Use the time...

1. Units Beginning Work-in-Process 5,000 Started During the Period 50,000 Ending Work-in-Process 2,000 The ending work-in-process inventory...

1. Units Beginning Work-in-Process 5,000 Started During the Period 50,000 Ending Work-in-Process 2,000 The ending work-in-process inventory is 90% complete. What is the total number of equivalent units? 2. At the beginning of the period, there were 800 units of product in a company's work in process inventory. 3,000 additional units of product were started during the period. 1,500 units of product were in the Work in Process account at the end of the period. The ending work in process inventory...

Jones Cleaning Supplies reports the following for March for its Finishing Department: UNITS Beginning Work-in-Process Inventory...

Jones Cleaning Supplies reports the following for March for its Finishing Department: UNITS Beginning Work-in-Process Inventory (20% complete for direct materials, 70% complete for conversion costs 4,000 units Transferred in from Mixing Department during March 14,000 units Completed and transferred out to Finished Goods inventory during March 15,000 units Ending Work-in-Process Inventory (30% complete for direct materials, 80% complete for conversion costs) 3,000 units COSTS Work-in-Process Inventory, August 31 (transferred in costs, $11,400; direct materials costs, $1,000; conversion costs, $1,800)...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 9,000 units, 65% completed 31,635 To Finished Goods, 207,000 units ? Direct materials, 212,000 units @ $1.5 318,000 Direct labor 492,900 Factory overhead 191,685 Bal. ? units, 45% completed ? a. Based on the above data, determine the...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 3,000 units, 75% completed 9,450 To Finished Goods, 69,000 units ? Direct materials, 71,000 units @ $1.8 127,800 Direct labor 93,700 Factory overhead 36,450 Bal., ? units, 35% completed ? Cost per equivalent units of $1.80 for Direct...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 7,000 units, 70% completed 28,210 To Finished Goods, 161,000 units ? Direct materials, 165,000 units @ $2 330,000 Direct labor 363,100 Factory overhead 141,270 Bal. ? units, 60% completed ? a. Based on the above data, determine the...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 6,000 units, 70% completed16,140To Finished Goods, 138,000 units? Direct materials, 141,000 units @ $1.5211,500 Direct labor178,700 Factory overhead69,430 Bal., ? units, 45% completed? Cost per equivalent units of $1.50 for Direct Materials and $1.80 for Conversion Costs. a....

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 6,000 units, 75% completed 25,500 To Finished Goods, 138,000 units ? Direct materials, 141,000 units @ $1.7 239,700 Direct labor 372,400 Factory overhead 144,860 Bal. ? units, 70% completed ? a. Based on the above data, determine the...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a...

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 7,000 units, 45% completed 16,660 To Finished Goods, 161,000 units ? Direct materials, 165,000 units @ $1.3 214,500 Direct labor 306,800 Factory overhead 119,340 Bal., ? units, 55% completed ? Cost per equivalent units of $1.30 for Direct...

Subjects