1) The Assembly Department started the month with 25,500 units in its beginning work in ) Points: /10 process inventory. An additional 310,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 30,500 units in the ending work in process inventory of the Assembly Department How many units were transferred to the next processing department during the month? A) 305,500 B) 336,000 C) 315,500 D) 366,500 2) Vallin Manufacturing Corporation's beginning work in process inventory consisted of 8400 units, 100% complete with respect to materials cost and 60% complete with respect to conversion costs. The total cost in the beginning inventory was $40,000. During the month, 44,000 units were transferred out. The equivalent unit cost was computed to be $2.90 for materials and $3.40 for conversion costs under the weighted-average method. Given this information, the total cost of the units completed and transferred out was: 2) A) $296,000 B) $224,000 C) $225,600 D) $277.200 3) In July, one of the processing departments at Okamura Corporation had beginning work 3) in process inventory of $22,000 and ending work in process inventory of $27,000. During the month, the cost of units transferred out from the department was $157,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be: A) $184,000 B) S141,000 C) $ 1 28,000 D) $49,000 4) In process costing, a separate work in process account is kept for each: A) processing department. B) cost category (i.e., materials, conversion cost). C) individual order. D) equivalent unit 5) 5) Rovinsky Corporation, a company that produces and sells a single product, has provided contribution format income statement for November. Sales 8200 units) Variable expenses Contribution margin Fixed expenses Net operating income S 467,400 303,400 164,000 103,500 S 60,500 D) $60,500 If the company sells 8100 units, its net operating income should be closest to: C) $59,979 B) $56,000 A) S58,500