41) Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly 41) Department started production of 73,100 chairs. During the month, the firm completed 78,000 chairs, and transferred them to the Finishing Department. The firm ended the month with 10,800 chairs in ending inventory. There were 15,700 chairs in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is used by Comfort. Beginning work in process was 3 was 75% complete as to conversion costs 0% complete as to conversion costs, while ending work in process Beginning inventory: Direct materials Conversion costs $24,800 $36,000 Manufacturing costs added during the accounting period: Direct materials Conversion costs $168,100 $278,800 What were the equivalent units for conversion costs during February? D) 81.390 C) 73,100 A) 77,810 B) 83,900 42) Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production Shiffon Electronics uses weighted-average costing The following information is available for the month of March 2017 for the Assembly department. 330 units Work in process, beginning inventory Conversion costs (40% complete) Units started during March Work in process, ending inventory: 810 units 120 units Conversion costs (60% complete) The cost details for the month of March are as follows: Work in process, beginning inventory: $346,500 $363,000 $707,000 $1,124,000 Direct materials Conversion costs Direct materials costs added during March Conversion costs added during March What is the total amount debited to the Work-in-Process account during the month of March? D) $2,194,000 C) $707,000 B) $1,831,000 A) $2,540,500 43) When the amount of scrap is immaterial, which of the following is the easiest accounting entry when recording scrap sold for cash? B) Sales of scrap A) Sales of Scrap Accounts Receivable Cash D) Manufacturing Overhead Control C) Cash Cash Scrap Revenues