1-- )Elm Company's accounting records reflect the following inventories:

Dec. 31, 2020 Dec. 31, 2019

Raw materials inventory $420,000 $350,000

Work in process inventory 400,000 275,000

Finished goods inventory 200,000 125,000

During 2020, $650,000 of raw materials were purchased, direct labor costs amounted to $560,000, and manufacturing overhead incurred was $630,000.

The total raw materials available for use to assign to production during 2020 for Elm Company is

$1,000,000

$875,000

$1,170,000

$1,100,000

2--)Almond Group reported the following year-end information:

Beginning work in process inventory $200,000

Beginning raw materials inventory 500,000

Ending work in process inventory 800,000

Ending raw materials inventory 500,000

Raw materials purchased 700,000

Direct labor 900,000

Manufacturing overhead 600,000

Almond's cost of goods manufactured for the year is

$1,600,000.

$4,200,000.

$2,900,000.

$2,800,000.

3--)Cougar Company manufactures customized desks. The following pertains to Job No. 825:

Direct materials used $25,000

Direct labor hours worked 450

Direct labor rate per hour $30.00

Machine hours used 500

Applied factory overhead rate per machine hour $15.00

What is the total manufacturing cost for Job No. 825?

$39,000

$46,500

$33,000

$46,000

4--)Barnes and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 20,000 units of ending work in process at 80% completion and 42,000 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period?

38,000

33,600

42,000

37,600

5))Aspen Company had the following department information for the month:

Total materials costs $ 80,000

Equivalent units of materials 10,000

Total conversion costs $90,000

Equivalent units of conversion costs 15,000

How much is the total manufacturing cost per unit?

$14.00

$6.80

$14.33

$11.33

6--)In computing equivalent units using the weighted-average method, ___________ is not part of the equivalent units of production formula.

units transferred out

ending work in process

beginning work in process

None of these is correct.