10 Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to the Waterproofing department to be coated with sealant. Arona uses a weighted-average process cost system to collect costs in both departments. All materials in the Fabrication Department are added at the beginning of the production process. On July 1, the Fabrication Department had 30 canoes in process that were 20% complete with respect to conversion cost. On July 31, Fabrication had 20 canoes in process that were 40% complete with respect to conversion cost. During July, the Fabrication Department completed 73 canoes and transferred them to the Waterproofing Department. What are the Fabrication Department's equivalent units of production related to conversion costs for July? Multiple Choice O 65 O 8' O 103 O 93 Mc Graw 6 Raider Corporation uses the weightedaverage method In Its process costing system. The Molding Department Is the second department In Its productlon process. The data below summarize the department's operations In January. Beginning work in process inventory 7,900 10% Transferred in from the prior department during January 66,000 Completed and transferred to the next department during January 65,800 Ending work In process inventory 8,100 50% The Moldlng Department's cost per equivalent unit for conversion cost for January was $3.21. How much conversion cost was assigned to the ending work In process Inventory In the Molding Department for January? Multiple Choice 0 32230870 O $26,001.00 0 $20,800.80 0 $5,200.20 M: glalw ( Prev 6 of 10 Next > materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $22,600. A total of 40.000 units were transferred out of the department during the 7 Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 11,500 units, 100% complete with respect to month. The costs per equivalent unit were computed to be $130 for materials and $3.10 for conversion costs. The total cost ofthe units completed and transferred out of the department was: Multiple Choice 0 $176,000 $162,740 $47,790 0 0 $126,400 0 In July. one ofthe processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending work in process inventory of $31,000. During the month. the cost of units transferred out from the department was $161,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the welghted-average method would be: Multiple Choice 0 557.000 $132,000 $192,000 0 0 $145,000 O ( Prev 8 of to Next > 9 Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to the Waterproofing department to be coated with sealant. Arona uses a weighted-average process cost system to collect costs in both departments. All materials in the Fabrication Department are added at the beginning of the production process. On July 1, the Fabrication Department had 30 canoes in process that were 20% complete with respect to conversion cost. On July 31, Fabrication had 20 canoes in process that were 40% complete with respect to conversion cost. During July, the Fabrication Department completed 79 canoes and transferred them to the Waterproofing Department. What are the Fabrication Department's equivalent units of production related to materials for July? Multiple Choice 87 O 71 109 99 Mc