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AutoSave CH HUB ) Documenti - Saved to this PC- Search A Albert A File Home Insert Draw Design Layout References Mailings Review View Help

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AutoSave CH HUB ) Documenti - Saved to this PC- Search A Albert A File Home Insert Draw Design Layout References Mailings Review View Help EndNote X9 Share Comments X Calibri (Body) 11 11 A A Aa A 21 BIUXX APA I Normal 1 No Spac... Heading 1 Heading 2 Find Replace Select Paste Title Dictate Editor Clipboard Font Voice Editor Paragraph Styles 1711111111121131141151161171111911110111 | 12 | Editing 13 114 115 17.1.18 : 1 . 1) The following costs were incurred in last month: direct materials $38000; direct labour, $30000; property tax of the factory equipment, $4000; depreciation of the factory building, $6000; indirect materials, $2000. If the beginning work in process inventory account was $2000 and the ending work in process inventory account was $900 for last month, how much was transferred to finished goods inventory in last month? 2) A department of a processing firm had in process 20000 units of product that were two- fifths finished with $44500 labour cost of the beginning of the current month. The beginning inventory was completed this period. During the period the department started and finished an additional 35000 units of product, and had 5000 units of product that were one-fifth finished at the end of the period. During the month, the department had $268800 of labour charged to it. FIFO costing is used. If labour is added to the product evenly throughout the process, how much of the $268800 labour should be charged to beginning inventory? 3) Brett Inc. is a chemical company that uses process costing. The following data relate to the mixing department for a current period's activit Beginning work in process: 1000 units, 40% complete, costs include $1000 transferred in and $2240 conversion costs. Ending work in process: 2000 units, 50% complete.Completed and transferred out: 8000 unitsCurrent costs: transferred in $27000; materials $12600; conversion costs $8800 Materials are added at the 50% point and conversion costs are incurred evenly throughout the process. Using the FIFO method, the cost per equivalent unit for conversion costs was: Page 1 of 2 506 words FX English (Australia) Focus BE 10096 1 Type here to search o BI J' DEI la co 1 ENG 3:38 PM 30/10/2021

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