Solved by verified expert :211. Camelin
Inc. uses the weighted-average method in its process costing system. The
following data concern the operations of the company’s first processing
department for a recent month.
Work in
process, beginning:
Units
in process 600
Percent
complete with respect to materials 60%
Percent
complete with respect to conversion 70%
Units
started into production during the month 20,000
Work in
process, ending:
Units
in process 800
Percent
complete with respect to materials 80%
Percent
complete with respect to conversion 50%
Required: Using the weighted-average method, determine
the equivalent units of production for materials and conversion costs.
212. Poirrier Corporation uses process
costing. The following data pertain to its Assembly Department for May.
Units
in process, May 1: materials 75% complete, conversion 30% complete 700
Units
started into production during May 5,500
Units
completed and transferred to the next department 4,600
Units
in process, May 31: materials 85% complete, conversion 65% complete 1,600
Required: Determine the equivalent units of production
for the Assembly Department for May using the weighted-average method.
213. Greenham Corporation uses the
weighted-average method in its process costing. The following data pertain to its
Materials Preparation Department for March.
Units
in process, March 1: materials 75% complete, conversion 60% complete 400
Units
started into production during March 6,800
Units
completed and transferred to the next department 6,300
Units
in process, March 31: materials 55% complete, conversion 10% complete 900
Required: Determine the equivalent units of production
for the Materials Preparation Department for March using the weighted-average
method.
214. Jahncke Inc. uses the weighted-average
method in its processing costing. The following data concern the company’s
Assembly Department for the month of April.
Materials Conversion
Work in
process, April 1 $3,600 $1,902
Cost
added to production in the Assembly Department during April $103,882 $278,010
Equivalent
units of production for April 8,810 8,720
Required: Compute the costs per equivalent unit for the
Assembly Department for April.
215. Holling Inc. uses the weighted-average
method in its processing costing. The following data concern the company’s
Mixing Department for the month of December.
Materials Conversion
Work in
process, December 1 $7,530 $8,528
Cost
added to production in the Mixing Department during December $225,900 $283,632
Equivalent
units of production for December 9,300 8,800
Required: Compute the cost per equivalent unit for
materials and conversion for the Mixing Department in December.
216. Hutchcroft Corporation uses the
weighted-average method in its processing costing. The following data concern
the company’s Assembly Department for the month of December.
Materials Conversion
Cost
per equivalent unit $24.30 $27.10
Equivalent
units in ending work in process 630 225
During
the month, 6,200 units were completed and transferred from the Assembly
Department to the next department.
Required: Determine the cost of ending work in process
inventory and the cost of units transferred out of the department during
December using the weighted-average method.
217. Lorona Inc. has provided the following
data concerning the Assembly Department for the month of June. The company uses
the weighted-average method in its processing costing.
Materials Conversion
Cost
per equivalent unit $8.10 $28.50
Equivalent
units in ending work in process 1,330 1,235
During
the month, 7,400 units were completed and transferred from the Assembly
Department to the next department.
Required: Determine the cost of ending work in process
inventory and the cost of units transferred out of the department during June
using the weighted-average method.
218. Dalsace Inc. uses the FIFO method in its
process costing system. The following data concern the operations of the
company’s first processing department for a recent month.
Work in
process, beginning:
Units
in process 400
Percent
complete with respect to materials 60%
Percent
complete with respect to conversion 40%
Costs
in the beginning inventory:
Materials
cost $1,944
Conversion
cost $4,512
Units
started into production during the month 15,000
Units
completed and transferred out 14,500
Costs
added to production during the month:
Materials
cost $119,053
Conversion
cost $418,950
Work in
process, ending:
Units
in process 900
Percent
complete with respect to materials 90%
Percent
complete with respect to conversion 40%
Required: Using the FIFO method:
a. Determine
the equivalent units of production for materials and conversion costs.
b. Determine
the cost per equivalent unit for materials and conversion costs.
c. Determine
the cost of ending work in process inventory.
d. Determine
the cost of units transferred out of the department during the month.
219. Engsbye Inc. uses the FIFO method in its
process costing system. The following data concern the operations of the
company’s first processing department for a recent month.
Work in
process, beginning:
Units
in process 200
Percent
complete with respect to materials 80%
Percent
complete with respect to conversion 10%
Costs
in the beginning inventory:
Materials
cost $800
Conversion
cost $406
Units
started into production during the month 20,000
Units
completed and transferred out 20,000
Costs
added to production during the month:
Materials
cost $96,000
Conversion
cost $413,648
Work in
process, ending:
Units
in process 200
Percent
complete with respect to materials 80%
Percent
complete with respect to conversion 50%
Required: Using the FIFO method:
a. Determine
the equivalent units of production for materials and conversion costs.
b. Determine
the cost per equivalent unit for materials and conversion costs.
c. Determine
the cost of ending work in process inventory.
d. Determine
the cost of units transferred out of the department during the month.
220. Lenning Corporation uses the FIFO method
in its process costing. The following data pertain to its Assembly Department
for July.
Percent
Complete
Units Materials Conversion
Work in
process, July 1 300 75% 10%
Units
started into production during July 6,100
Units
completed during July and transferred to the next department 5,600
Work in
process, July 31 800 90% 85%
Required: Compute the equivalent units of production
for both materials and conversion costs for the Assembly Department for July
using the FIFO method.
221. The following data pertain to the
Milling Department of Malmberg Corporation for June. The company uses the FIFO
method in its process costing.
Percent
Complete
Units Materials Conversion
Work in
process, June 1 800 80% 35%
Units
started into production during June 9,400
Units
completed during June and transferred to the next department 8,300
Work in
process, June 30 1,900 75% 40%
Required: Compute the equivalents units of production
for both materials and conversion costs for the Milling Department for June
using the FIFO method.
222. Fuchs Inc. uses the FIFO method in its
process costing system. The following data concern the operations of the
company’s first processing department for a recent month.
Work in
process, beginning:
Units
in process 800
Percent
complete with respect to materials 70%
Percent
complete with respect to conversion 10%
Units
started into production during the month 14,000
Work in
process, ending:
Units
in process 800
Percent
complete with respect to materials 60%
Percent
complete with respect to conversion 40%
Required: Using the FIFO method, determine the
equivalent units of production for materials and conversion costs.
