1. Department A is the first stage of Empress Company's production cycle. The following information is available for conversion costs for the month of April 2020.

Units

Work in process, beginning (60% complete) ............ 20,000

Started in April ............ 340,000

Completed in April and transferred to Department B ............ 320,000

Work in process, ending (40% complete) ............ 40,000

Required: Compute the equivalent units for the conversion cost calculation using FIFO Method and Average Method.

2. BongSon Corporation's production cycle starts in the Mixing Department. The following information is available for April:

Units

Work in process, April 1 (50% complete) ............ 20,000

Started in April ............ 240,000

Work in process, April 30 (60% complete) ............ 25,000

Materials are added at 55% stage of completion in the Mixing Department.

Required: Compute the equivalent units of production for Materials and Conversion cost for the month of April using FIFO Method and Average Method.

3. Golden Company, had 6,000 units in work-in-process at January 1 that were 60% complete as to conversion costs. During January, 20,000 units were completed. At January 31, 8,000 units remained in WIP which were 40% complete to conversion costs. Materials are added at the beginning of the process.

Required:

a) Using the Weighted average method, compute the equivalent units for January for conversion costs.

b) How many units were started during January?

4. Wookie Company adds materials at the beginning of the process in Department M. Conversion costs were 75% complete as to the 8,000 units in WIP at May 1 and 50% complete as to the 6,000 units in WIP at May 31. During May, 12,000 units were completed and transferred to the next department. An analysis of the costs relating to WIP at May 1 and to production activity for May is as follows:

Materials Conversion

Work in process, May 1 ............ P9,600 P4,800

Costs added this May ............ 15,600 14,400

Required: Compute the total cost per equivalent unit for the month of May using the FIFO Method and Average Method.

5. The following information pertains to Ah-In Co.'s Division D for the month of May:

Number of Units Cost of Materials

Beginning Work in process ............ 30,000 P11,000

Started in May ............ 80,000 36,000

Units completed ............ 85,000

Ending Work in process ............ 25,000

All materials are added at the beginning of the process.

Required: Compute the cost per equivalent unit for materials using the FIFO Method and Average Method.

6. Jihan Company adds materials at the beginning of the process in the Forming Department, which is the first of two stages of its production cycle. Information concerning the materials used in the Forming Department in April is as follows:

Number of Units Cost of Materials

WIP, April 1 ............ 12,000 P6,000

Units started ............ 100,000 51,120

Units completed and transferred to next department ............ 88,000

Required: Using the Weighted Average Method, compute the materials cost of WIP at April 30.