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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.)
51) equivalent units of production for materials Using the weighted-average method=6150 units
calculation:-
the following table showing the calculation of equivalant units using weighted average method
materials | |||||
input | units | output | units | % of completion | equivalent units |
Beginning work in process inventory | 300 | Units completed during March and transferred to the next department | 5800 | 100 | 5800 |
Units started into production during March | 6200 | Ending work in process inventory | 700 | 50 | 350 |
TOTAL | 6500 | TOTAL | 6500 | 6150 |