Question

In: Accounting

9.If 149100 units are started into production there was no beginning work in process, and 49500...

9.If 149100 units are started into production there was no beginning work in process, and 49500 units are in process at the end of the period, how many units were completed and transferred out?

198600.

49500.

149100.

99600.

10. If 151200 units are started into production there was no beginning work in process, and 49600 units are in process at the end of the period, how many units were completed and transferred out?

200800.

49600.

151200.

101600.

11.

Marigold Corp. reported the following year-end information:

Beginning work in process inventory $ 52000
Beginning raw materials inventory 28000
Ending work in process inventory 50000
Ending raw materials inventory 25000
Raw materials purchased 860000
Direct labor 440000
Manufacturing overhead 100000


How much is Marigold’s cost of goods manufactured for the year?

$863000

$1405000

$1403000

$1401000

12.Sunland Company developed the following data for the current year:

Beginning work in process inventory $250000
Direct materials used 144000
Actual overhead 288000
Overhead applied 216000
Cost of goods manufactured 264000
Total manufacturing costs 730000


Sunland Company's direct labor cost for the year is

$264000.

$365000.

$216000.

$72000.

13. Gulick Company developed the following data for the current year:

Beginning work in process inventory $240,000
Direct materials used 144,000
Actual overhead 288,000
Overhead applied 216,000
Cost of goods manufactured 264,000
Total manufacturing costs 720,000


Gulick Company's direct labor cost for the year is

$72,000.

$216,000.

$360,000.

$288,000.

14. If 179600 units are transferred out of a department, there was no beginning work in process, and there are 29900 units still in process at the end of a period, the number of units that were started into production during the period is

149700.

179600.

209500.

29900.

  

Solutions

Expert Solution

Question 9

Correct answer-----------------Units transferred = 99,600 units

Working

Reconciliation of Units
A Beginning WIP                            -  
B Introduced                 149,100
C=A+B TOTAL                 149,100
D Ending WIP                   49,500
E=C-D Units Transferred out                   99,600

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