1)Company A uses process costing in its manufacturing operations. There are three processing departments: Department 1, Department 2, and Department 3. On January 1, 2012, Department 1 had a zero beginning balance in its work-in-process account. During January, 40,000 units of product were started in Department 1 and 32,000 units of product were transferred to Department 2. In Department 1, all raw materials are added at the beginning of the production process and conversion costs are incurred evenly through the process. The ending inventory in Department 1 was 60% complete with respect to conversion costs. With respect to direct materials costs, how many equivalent units were completed and transferred out to Department 2 and how many equivalent units remained in Department 1's ending work-in-process inventory?

32,000 and 8,000, respectively

19,200 and 4,800, respectively

32,000 and 4,800, respectively

40,000 and 0, respectively

2)Company A uses process costing in its manufacturing operations. There are three processing departments: Department 1, Department 2, and Department 3. On January 1, 2012, Department 1 had a zero beginning balance in its work-in-process account. During January, 40,000 units of product were started in Department 1 and 32,000 units of product were transferred to Department 2. In Department 1, all raw materials are added at the beginning of the production process and conversion costs are incurred evenly through the process. For the month of January, the costs per equivalent unit in Department 1 were calculated as follows: $1.20 for direct materials and $5.75 for conversion costs. The ending inventory in Department 1 was 60% complete with respect to conversion costs. Using this data, what is the cost assigned to units in Department 1's ending work-in-process inventory?

$222,400

$37,200

$48,000

$211,600

3)

The Nesting Company manufactures birdhouses in a single process. The following information is available:

Work in process inventory, Jan. 1 0 units

Units started in production 14,000 units

Units completed and transferred out 9,000 units

Work in process inventory, Dec. 31 5,000 units

Production costs:

Direct materials $38,500

Direct labor 13,975

Manufacturing overhead 8,600

The units still in process are 100% complete with respect to direct materials and 35% complete with respect to conversion costs.

Refer to Table 5. The total cost of the units in ending work in process inventory is _______.

$61,075

$43,650

$17,425

Cannot be determined from the information given

4)

The Blue Tide Company manufactures light bulbs in a single process. The following information is available:

Work in process inventory, Jan. 1 -0- units

Units started in production 14,000 units

Units completed and transferred out 9,000 units

Work in process inventory, Dec. 31 5,000 units

Production costs:

Direct materials $38,500

Direct labor 13,975

Manufacturing overhead 8,600

The units still in process are 90% complete with respect to direct materials and 40% complete with respect to conversion costs.

Refer to Table 3. The total costs to account for are _______.

$38,500

Cannot be determined from the information given

$61,075

$22,575