CALCULATOR PL Brief Exercise 16-4 Goode Company has the following production data for selected months. Ending Work in Process Month Beginning Work in Process % Complete as to Conversion Cost January March Units Transferred Out 38,700 43,400 50,600 44 % 12,200 9,000 19,700 July Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT INTERACTIVE TUTORIAL ALLULATOR BEINT VERSION BACK Brief Exercise 16-5 x Your answer is incorrect. Try again. The Smelting Department of Kiner Company has the following production and cost data for November Production: Beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs: units transferred out 9,400 units and ending work in process 8,300 units that are 100% complete as to materials and 474 complete as to conversion costs Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November Materials Conversion Costs Total equivalent units Click if you would like to Show Work for this questioni Open Show Work INTERACTIVE TUTORIAL LINK TO TEXT Remington Inc. is contemplating the use of process costing to track the costs of its operations. The operation consists of three segments (departments): Receiving, Shipping, and Delivery. Containers are received at Remington's docks and sorted according to the ship they will be carried on. The containers are loaded onto a ship, which carries them to the appropriate port of destination. The containers are then off-loaded and delivered to the Receiving Department. Remington wants to begin using process costing in the Shipping Department. Direct materials represent the fuel costs to run the ship, and "Containers in transit" represents work in process. Listed below is information about the Shipping Department's first month's activity. Containers in transit, April 1 Containers loaded Containers in transit, April 30 1,330 3 30, 40% 20% of direct materials and of conversion costs (a) Determine the physical flow of containers for the month. Physical flow of containers | 1330 (b) Calculate the equivalent units for direct materials and conversion costs Materials Conversion Costs Equivalent units Click if you would like to show Work for this question: Open Show Work