Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(1) tipehent Crenste. All materiats itt the Fabrieation Department are added at the beginning of the production process. camoes and thensfermet them to the Waterproofing

image text in transcribed
(1) tipehent Crenste. All materiats itt the Fabrieation Department are added at the beginning of the production process. camoes and thensfermet them to the Waterproofing Departiment. What are the Fabrication Department's equivalent units of production related to materials fot July? A) 78 B) 62 (1) 900 (D) 90 33) Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 18,000 units in its begiming work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $16,200. An additional 84,000 units were started into production during the month. There were 17,000 units in the cnding work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $836,880 in conversion costs were incurred in the depirtment during the month. The cost per equivalent unit for conversion costs for the month is closest to: A) 58.280 B) $9.000 C) $8.804 D) $9.963 34) Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2,000 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs, The cost of the beginning work in process inventory in the department was recorded as $8,800. During the period, 8,000 units were completed and transferred on to the next department. The rosts per equivalent unit for the period were $4.00 for material and $5.00 for conversion costs. (1) tipehent Crenste. All materiats itt the Fabrieation Department are added at the beginning of the production process. camoes and thensfermet them to the Waterproofing Departiment. What are the Fabrication Department's equivalent units of production related to materials fot July? A) 78 B) 62 (1) 900 (D) 90 33) Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 18,000 units in its begiming work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $16,200. An additional 84,000 units were started into production during the month. There were 17,000 units in the cnding work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $836,880 in conversion costs were incurred in the depirtment during the month. The cost per equivalent unit for conversion costs for the month is closest to: A) 58.280 B) $9.000 C) $8.804 D) $9.963 34) Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2,000 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs, The cost of the beginning work in process inventory in the department was recorded as $8,800. During the period, 8,000 units were completed and transferred on to the next department. The rosts per equivalent unit for the period were $4.00 for material and $5.00 for conversion costs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forensic Accounting And Financial Statement Fraud Forensic Accounting Performance

Authors: Zabihollah Rezaee

1st Edition

1949991075, 978-1949991079

More Books

Students also viewed these Accounting questions

Question

=+b. Interpret the value of se .

Answered: 1 week ago