1. Equivalent Units of Materials Cost

The Rolling Department of Kraus Steel Company had 3,000 tons in beginning work in process inventory (30% complete) on October 1. During October, 49,700 tons were completed. The ending work in process inventory on October 31 was 2,500 tons (70% complete).

What are the total equivalent units for direct materials for October if materials are added at the beginning of the process? units

2.

The Rolling Department of Kraus Steel Company had 6,209 tons in beginning work in process inventory (40% complete) on October 1. During October, 88,700 tons were completed. The ending work in process inventory on October 31 was 7,983 tons (70% complete).

What are the total equivalent units for conversion costs? Round to the nearest whole unit. units

3.

Department M had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 units 30% completed at the end of June. Using the first-in, first-out method of inventory costing, the number of equivalent units of production for conversion costs for the period is

a.5,640 units

b.6,700 units

c.5,850 units

d.7,300 units

4.

Department M had 2,700 units 51% completed in process at the beginning of June, 11,200 units completed during June, and 1,300 units 27% completed at the end of June. The number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories is

a.12,851 units

b.8,500 units

c.10,174 units

d.11,551 units