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Assume the following information: Percent Complete Units Materials Conversion 300 45% 30% 6,200 Milling Department Beginning work in process inventory Units started into production during
Assume the following information: Percent Complete Units Materials Conversion 300 45% 30% 6,200 Milling Department Beginning work in process inventory Units started into production during March Units completed during March and transferred to the next department Ending work in process inventory 5,800 700 100% 70% 100% 75% Using the weighted-average method, what is the equivalent units of production for materials? Multiple Choice 6,290 units 6,200 units C Multiple Choice 6,290 units 6,200 units 6,500 units 6,155 units Assume the following information: Units 200 6,200 Percent Complete Materials Conversion 40% 30% Milling Department Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory 5,800 600 100% 70% 100% 60% Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials Conversion $ 10,000 $ 15,000 281,000 385,000 $291,000 $400,000 Using the weighted average method, the cost per equivalent unit for materials is closest to: Multiple Choice $43.18. Using the weighted-average method, the cost per equivalent unit for materials is closest to: Multiple Choice $43.18. $50.18. $44.78 $46.78 Assume the following information: Percent Complete Materials Conversion 40% 30% Milling Department Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory Units 200 6,200 5,800 100% 70% 100% 60% 600 Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials Conversion $ 10,000 $ 15,000 290,000 388,500 $300,000 $403,500 Using the weighted average method, the total cost of the units completed and transferred out that would be reported on the cost reconciliation report is closest to: Multiple Choice $659,634. Using the weighted-average method, the total cost of the units completed and transferred out that would be reported on the cost reconciliation report is closest to: Multiple Choice $659,634. $657,534. $663,034. O O $661,734
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