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Homework answers / question archive / 51) Assume the following information: Percent Complete Milling Department Units Materials Conversion Beginning work in process inventory 300 45 % 30 % Units started into production during March 6,200 Units completed during March and transferred to the next department 5,800 100 % 100 % Ending work in process inventory 700 50 % 55 % Using the weighted-average method, what is the equivalent units of production for materials? 52) Assume the following information: Percent Complete Milling Department Units Materials Conversion Beginning work in process inventory 300 45 % 30 % Units started into production during March 6,100 Units completed during March and transferred to the next department 5,800 100 % 100 % Ending work in process inventory 600 60 % 50 % Using the weighted-average method, what is the equivalent units of production for conversion? 53) Assume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 298,500 385,000 683,500 Total cost $ 308,500 $ 400,000 $ 708,500 If the equivalent units of production for materials is 6,000 units using the weighted-average method, then what is the cost per equivalent unit for materials? 54) Assume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 290,000 390,500 680,500 Total cost $ 300,000 $ 405,500 $ 705,500 If the equivalent units of production for conversion is 5,000 units using the weighted-average method, then what is the cost per equivalent unit for conversion? (Round your final answer to nearest whole dollar amount
51) Assume the following information:
Percent Complete | ||||||||
Milling Department | Units | Materials | Conversion | |||||
Beginning work in process inventory | 300 | 45 | % | 30 | % | |||
Units started into production during March | 6,200 | |||||||
Units completed during March and transferred to the next department | 5,800 | 100 | % | 100 | % | |||
Ending work in process inventory | 700 | 50 | % | 55 | % | |||
Using the weighted-average method, what is the equivalent units of production for materials?
52)
Assume the following information:
Percent Complete | ||||||||
Milling Department | Units | Materials | Conversion | |||||
Beginning work in process inventory | 300 | 45 | % | 30 | % | |||
Units started into production during March | 6,100 | |||||||
Units completed during March and transferred to the next department |
5,800 | 100 | % | 100 | % | |||
Ending work in process inventory | 600 | 60 | % | 50 | % | |||
Using the weighted-average method, what is the equivalent units of production for conversion?
53) Assume the following information:
Milling Department | Materials | Conversion | Total | ||||||||
Cost of beginning work in process inventory | $ | 10,000 | $ | 15,000 | $ | 25,000 | |||||
Costs added during the period | 298,500 | 385,000 | 683,500 | ||||||||
Total cost | $ | 308,500 | $ | 400,000 | $ | 708,500 | |||||
If the equivalent units of production for materials is 6,000 units using the weighted-average method, then what is the cost per equivalent unit for materials?
54) Assume the following information:
Milling Department | Materials | Conversion | Total | ||||||||
Cost of beginning work in process inventory | $ | 10,000 | $ | 15,000 | $ | 25,000 | |||||
Costs added during the period | 290,000 | 390,500 | 680,500 | ||||||||
Total cost | $ | 300,000 | $ | 405,500 | $ | 705,500 | |||||
If the equivalent units of production for conversion is 5,000 units using the weighted-average method, then what is the cost per equivalent unit for conversion? (Round your final answer to nearest whole dollar amount.)
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