1) Medina Corp. had the following information available for the year:

Beginning inventory of goods in process (40% complete, $4,100)	500 units
Ending inventory of goods in process (80% complete)	1,000 units
Total units started during the year	15,200 units

FIFO equivalent units of production for the year are:

a.15,900 units.

b.15,300 units.

c.16,000 units.

d.15,200 units.

e.15,500 units.

2) A department had 80 units which were 10% complete in beginning Goods in Process Inventory. During the current period, 92 units were transferred out. Ending Goods in Process Inventory was 60 units which were 10% complete. Using the FIFO method, what are the equivalent units produced if all direct material and direct labor are added uniformly throughout the process?

a.90

b.152

c.92

d.100

e.98

3) A company's beginning work in process inventory consisted of 23,000 units that were 1/5 complete with respect to direct labor. These beginning units were completed and another 108,000 units were started during the current period. Of those started, 69,000 were finished and the remaining 39,000 were one-third complete at the end of the period. Using the weighted-average method, the equivalent units of production were:

a.89,600

b.105,000

c.69,000

d.87,400

e.100,400

4) A department had 700 units which were 30% complete in beginning Goods in Process Inventory. During the current period, 8,000 units were transferred out. Ending Goods in Process Inventory was 920 units which were 30% complete. Using the weighted-average method, what are the equivalent units produced if all direct material and direct labor are added uniformly throughout the process?

a.8,920

b.7,790

c.8,066

d.8,276

e.8,792

5) A department had 14,000 units that were 20% complete in beginning Goods in Process Inventory. During the current period 67,200 units were transferred in. Ending Goods in Process Inventory was 16,800 units that were 70% complete. Assume this company uses the weighted-average method of process costing and direct material is added uniformly throughout the process. What are the equivalent units produced with respect to direct material?

a.73,360

b.53,200

c.64,400

d.76,160

e.41,440

6) A company's beginning work in process inventory consisted of 31,000 units that were one-fifth complete with respect to direct labor. These beginning units were completed and another 156,000 units were started during the current period. Of those started, 93,000 were finished and the remaining 63,000 were one-third complete at the end of the period. Using FIFO, the equivalent units of production were:

a.138,800

b.131,200

c.117,800

d.93,000

e.156,000

7) At the beginning of the recent period, there were 1,980 units of product in a department, one-third completed. These units were finished and an additional 9,500 units were started and completed during the period. 1,160 units were still in process at the end of the period, one-fourth completed. Using the FIFO valuation method, the equivalent units produced by the department were:

a.14,250 units.

b.12,640 units.

c.11,480 units.

d.11,110 units.

e.11,320 units.

8) BVD Company uses a job order cost accounting system and last period incurred $160,000 of overhead and $500,000 of direct labor. BVD estimates that its overhead next period will be $175,000. It also expects to incur $500,000 of direct labor. If BVD bases applied overhead on direct labor cost, their overhead application rate for the next period should be:

a.35.00%

b.32.00%

c.91.00%

d.312.50%

e.286.00%

9) Canberra Company uses a job order cost accounting system. During the current month, the factory payroll of $216,000 was paid in cash. The amount of labor classified as direct labor was three times greater than the amount classified as indirect labor. What amount should be debited to Factory Overhead for indirect labor for this month?

a.$162,000

b.$216,000

c.$54,000

d.$72,000

e.$24,000