1A.During December, the production department of a manufacturer had the following information available:

Beginning Inventory	10,000 units
Units Started and Completed	180,000 units
Ending Inventory	20,000 units

The ending inventory was 100% complete with respect to materials and 70% complete with respect to conversion costs. Compute the number of equivalent units of production with respect to direct labor for the month of December using the weighted average method.

A.	200,000 units

B.	194,000 units

C.	204,000 units

D.	220,000 units

2 A. -A chocolate manufacturer production department has the following information available:

	Units	Percent complete with respect to Direct Material	Percent complete with respect to Conversion costs
Beginning work in process inventory	4,000	80%	80%
Units transferred to next department	30,000	100%	100%
Ending work in process inventory	5,000	70%	70%

Calculate the equivalent units of production for the month with respect to direct assuming the company uses the weighted-average method.

a.	32,800 units

b .33,500 units

c.	36,700 units

d.

37,500 units

1.c

Our company has provided the following information related to our master budget for the current year:

Quarter	Budgeted Production in Units
Quarter 1	15,000
Quarter 2	14,500
Quarter 3	14,000
Quarter 4	16,000

Our products manufacturing cost is $100 per unit, including per-unit costs of

$40 for materials,

$50 for direct labor, and

$10 for variable overhead.

Annual fixed overhead, incurred evenly throughout the year, consists of

depreciation on production equipment, $25,000;

factory utilities, $10,000; and

other factory overhead, $5,000.

What is the budgeted total factory overhead for Quarter 2?

a.

$155,000

b.

$160,000

c.

$185,000

d.

$190,000