5. There were 2,000 pounds in process at the beginming d tone sng Packing Department. Packing received of the period in the ment during the month, of which 3,000 pounds were in process at inning 24,000 pounds from the end of to finished goods from the Packing a) 26,000 b) 21,000 c) 23,000 d) 29,000 e) None of the above. month. How many pounds were completed 6. During the current period. Department A finished and transferred 50,000 units to finished goods. Of the 50,000 units, 20,000 were 1/5 complete at the beginning o e period (with $3.000 OH cost assigned) and 30.000 were started and completed during the period of being 3/5 completed During the period. 10,000 units were started but brought only to a stage If $10,000 of overhead was charged to Department A during the period, how mu should be allocated to the ending goods in process inventory? Assume Weighted Average a) $1,392.86 b) $3,250.00 c) $1,071.43 d) $2,500.12 e $1.500.00 At the beginning of the recent period, there were 900 units of product in a department, one-third processed. 7. These units were finished and an additional 5,000 units were the period, one-fourth processed. The FIFO equivalent units produced by the department were a) 6,700 units started and completed during the period. 800 units were still in process at the end of b) 5,900 units c) 5,800 units. d) 5,500 units. e) 8,500 units. department had 20,000 units in beginning goods in process inventory which were 40% complete. the department completed and transferred 165,000 units. At the end of the period, 22,000 units were in the ending goods in process inventory and are 75% complete All of these are with respect to labor. The production department had labor costs in the beginning goods is process inventory of $99,000 and total labor costs added during the period are $726,825. Compute the cost per equivalent unit of labor a) $4.00 b) $3.76 c) $4.19. d) $4.55 e) $4.61 8. BITCO uses the weighted average method for inventory costing. During a period, a production