1-

multiple choice

a) 227,000

b) 151,050

c) 126,000

d) 203,200

e) 160,000

2-

multiple choice

a) 175,500

b) 117,525

c) 151,875

d)84,500

e) 116,000

TB MC Qu. 16-122 Sparky Corporation uses the FIFO method... Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department: Units: Beginning inventory: 33,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 126,000. Units completed and transferred out: 159,000. Ending inventory: 34,000 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $51,000 Costs in beginning Work in Process - Conversion: $56,850. Costs incurred in February - Direct Materials: $295,000 Costs incurred in February - Conversion: $607,150. Calculate the equivalent units of conversion. TB MC Qu. 16-109 Sparky Corporation uses the weighted-average... Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning inventory: 28,000 units, 1000 complete as to materials and 60% complete as to comversion. Units started and completed: 116,000 . Units completed and transferred out 144,000 . Ending imentory, 31,500 units, 100x complete as to materials and 25% complete as to corversion. Costs: Costs in beginning Work in Process- Direct Materials: $46,000 Costs in beginning Work in Process = Conversion: $51,850. Costs incurred in February - Direct Moterials: $290,000. Costs incurred in February - Conversion: $602,150. Calculate the equivalent units of comversion