achining and Assembly. 14) The company used the following data at the beginning of the year to calculate Machining Assembly Total 1,000 4,000 3,000 15,500 S 10,800 s $ s 1.20 s 2.20 4,700 Estimatod total fixed manufacturing overhcad cost Estimated variable manufacturing overhead cost per MH Estimated total During the most recent month, the company started and completed two jobs--Job F and Job M. There were no beginning inventories. Data those two jobs follow Job M Job F S 13,000 7,400 s 20,400 s 8,800 Direct materials Direct labor cost 300 2,400 Machining machine-hours Assembly machine-hours 1,600 manufacturing overhead rate Assume that the company uses a plantwide hased on machine-hours. The total manufacturing cost assigned to Job F is closest to: C) $45,130 D) $20,400 B) $13,000 A) $11,730 5) Walbin Corporation uses the weighted-average method in its process costing system. 15) The beginning work in process inventory in a particular department consisted of 12,000 units 100% complete with respect to materials cost and 20% complete with respect to cwoin procssnring the conversion costs. The total cost in the 39,400. A total of 42,000 units were transferred out o month. The costs per equivalent unit were computed to be $2.40 for materials and $4.50 for coeversion costs. The total cost of the units completed and transferred out of the department was the department during the A)S250,200 B)S189,000 C) $289,800 D) $250,400 achining and Assembly. 14) The company used the following data at the beginning of the year to calculate Machining Assembly Total 1,000 4,000 3,000 15,500 S 10,800 s $ s 1.20 s 2.20 4,700 Estimatod total fixed manufacturing overhcad cost Estimated variable manufacturing overhead cost per MH Estimated total During the most recent month, the company started and completed two jobs--Job F and Job M. There were no beginning inventories. Data those two jobs follow Job M Job F S 13,000 7,400 s 20,400 s 8,800 Direct materials Direct labor cost 300 2,400 Machining machine-hours Assembly machine-hours 1,600 manufacturing overhead rate Assume that the company uses a plantwide hased on machine-hours. The total manufacturing cost assigned to Job F is closest to: C) $45,130 D) $20,400 B) $13,000 A) $11,730 5) Walbin Corporation uses the weighted-average method in its process costing system. 15) The beginning work in process inventory in a particular department consisted of 12,000 units 100% complete with respect to materials cost and 20% complete with respect to cwoin procssnring the conversion costs. The total cost in the 39,400. A total of 42,000 units were transferred out o month. The costs per equivalent unit were computed to be $2.40 for materials and $4.50 for coeversion costs. The total cost of the units completed and transferred out of the department was the department during the A)S250,200 B)S189,000 C) $289,800 D) $250,400
