Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

B Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 3,600 units in its beginning work in

image text in transcribed
image text in transcribed
image text in transcribed
B Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 3,600 units in its beginning work in process inventory. An additional 65,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 26,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month? 07 Multiple Choice 55,680 087400 0 42.000 58.200 W Corporation uses the weighted average method in its process costing system. The beginning work in process Inventory in a particular department consisted of 14,500 units. The total cost in the beginning work in process Inventory was $23,800. A total of 46,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.90 for materials and $3.70 for conversion costs. The total cost of the units completed and transferred out of the department was. Multiple Choice $206,540 $257,600 $244.095 $271645 The Assembly Department started the month with 24,500 units in its beginning work in process inventory. An additional 309,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,500 units completed and transferred to the next processing department during the month. How many units were in its ending work in process inventory? 16 Multiple Choice O 304,500 363,500 334,000 314,500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Auditing And Other Assurance Services

Authors: Ray Whittington, Kurt Pany

22nd Edition

126059808X, 978-1260598087

More Books

Students also viewed these Accounting questions

Question

The paper referenced in Exercise

Answered: 1 week ago