In: Accounting
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.
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 |