Question
In: Accounting
he charges to Work in Process—Assembly Department for a period, together with information concerning production, are...
he 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., 5,000 units, 45% completed | 15,050 | To Finished Goods, 115,000 units | |
| Direct materials, 118,000 units @ $1.3 | 153,400 | ||
| Direct labor | 337,600 | ||
| Factory overhead | 131,235 | ||
| Bal. ? units, 20% completed | ? | ||
Determine the following:
a. The number of units in work in process inventory at the end of the period.
b. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".
| Work in Process-Assembly Department | |||
| Equivalent Units of Production for Direct Materials and Conversion Costs | |||
| Whole Units | Equivalent Units Direct Materials | Equivalent Units Conversion | |
| Inventory in process, beginning | |||
| Started and completed | |||
| Transferred to finished goods | |||
| Inventory in process, ending | |||
| Total units | |||
c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.
| Costs Per Equivalent Unit | |
| Direct Materials | $ |
| Conversion | $ |
d. Cost of the units started and completed during the period.
Solutions
Expert Solution
a. The number of units in work in process inventory at the end of the period.
b. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".
| Whole Units | Equivalent Units Direct Materials | Equivalent Units Conversion | |
| Inventory in process, beginning | 5000 | 0 | 2750 |
| Started and completed | 110000 | 110000 | 110000 |
| Transferred to finished goods | 115000 | 110000 | 112750 |
| Inventory in process, ending | 8000 | 8000 | 1600 |
| Total units | 123000 | 118000 | 114350 |
c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.
d. Cost of the units started and completed during the period.
ekkarill92 answered 1 year agoRelated Solutions
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are...
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., 6,400 units, 40% completed
45,760
To Finished Goods, 119,400 units
?
Direct materials, 116,000 units @ $6.25
725,000
Direct labor
145,160
Factory overhead
90,020
Bal. ? units, 25% completed
?
Determine the following:
a. The number of units in work in process
inventory at the...
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are...
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, 70% completed
25,560
To Finished Goods, 207,000 units
?
Direct materials, 212,000 units @ $1.30
275,600
Direct labor
361,300
Factory overhead
140,540
Bal. ? units, 60% completed
?
Determine the following:
a. The number of units in work in process
inventory at the...
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are...
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., 5,000 units, 50% completed
19,750
To Finished Goods, 115,000 units
?
Direct materials, 118,000 units @ $2.00
236,000
Direct labor
349,900
Factory overhead
136,040
Bal., ? units, 40% completed
?
Determine the following:
a. The number of units in work in process
inventory at the...
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are...
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
18,305
To Finished Goods, 161,000 units
?
Direct materials, 165,000 units @ $1.4
231,000
Direct labor
342,200
Factory overhead
133,110
Bal. ? units, 55% completed
?
Determine the following:
a. The number of units in work in process
inventory at the...
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are...
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., 2,000 units, 75%
completed
10,000
To Finished Goods,
46,000 units
?
Direct materials,
47,000 units @ $2
94,000
Direct labor
139,600
Factory overhead
54,330
Bal. ? units, 20%
completed
?
a. Based on the above data, determine the
different costs listed below.
If required, round...
The charges to Work in Process—Baking Department for a period as well as information concerning production...
The charges to Work in Process—Baking Department for a period as
well as information concerning production are as follows. The
Baking Department uses the average cost method, and all direct
materials are placed in process during production. Work in
Process—Baking Department Bal., 2,000 units, 70% completed 3,280 To
Finished Goods, 14,400 units ? Direct materials, 14,600 units
34,894 Direct labor 16,551 Factory overhead 8,527 Bal., 2,200
units, 30% completed ? If required, round cost per equivalent unit
answer to two...
The charges to Work in Process—Baking Department for a period as well as information concerning production...
The charges to Work in Process—Baking Department for a period as
well as information concerning production are as follows. The
Baking Department uses the average cost method, and all direct
materials are placed in process during production.
Work in Process—Baking Department
Bal., 2,600 units, 40% completed
8,918
To Finished Goods, 18,700 units
?
Direct materials, 19,000 units
95,380
Direct labor
49,879
Factory overhead
25,695
Bal., 2,900 units, 60% completed
?
If required, round cost per equivalent unit answer to two...
The debits to Work in Process—Assembly Department for April, together with data concerning production, are as...
The debits to Work in Process—Assembly Department for April,
together with data concerning production, are as follows:
April 1, work in process:
Materials cost, 3,000 units
$ 7,500
Conversion costs, 3,000 units, 80% completed
6,000
Materials added during April, 10,000 units
29,000
Conversion costs during April
35,000
Goods finished during April, 11,500 units
—
April 30 work in process, 1,500 units, 60% completed
—
All direct materials are placed in process at the beginning of the
process, and the average...
The debits to Work in Process--Assembly Department for April, together with data concerning production, are as...
The debits to Work in Process--Assembly Department for April,
together with data concerning production, are as follows: Work in
process, April 1, 3,000 units: Direct materials cost, for 3,000
units $ 7,200 Conversion costs, for 3,000 units, 60% completed $
6,000 Direct materials added during April, 10,000 units $ 25,000
Conversion costs during April $ 35,750 Goods finished during April,
12,000 units --- April 30 work in process, 1,000 units, 40%
completed --- All direct materials are placed in process...
The debits to Work in Process—Assembly Department for May, together with data concerning production, are as...
The debits to Work in Process—Assembly Department for May,
together with data concerning production, are as follows:
May 1, work in process:
Materials cost, 3,000 units
$7,000
Conversion costs, 3,000 units, 50%
completed
5,300
Materials added during May, 10,000 units
27,600
Conversion costs during May
33,200
Goods finished during May, 11,500 units
0
May 31 work in process, 1,500 units, 50%
completed
0
All direct materials are placed in process at the beginning of
the process and the first-in, first-out...
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