can i please get these accounting questions answered. no steps needed
0816-8 Weighted average: Computing equivalent units of production LO C2 The following refers to units processed by an ice cream maker in July. Percent of Gallons of Conversion Product Added Beginning work in process 384,000 25% Goods started 748, 000 100 Goods completed 808,000 100 Ending work in process 324,000 75 Compute the total equivalent units of production with respect to conversion for July using the weighted- average inventory method. Exercise 16-4 Weighted average: Equivalent units computed L0 C2 The production department in a process manufacturing system completed 326,000 units of product and transferred them to nished goods during a recent period. Of these units, 76,000 were in process at the beginning of the period. The other 250,000 units were started and completed during the period. At period end, 30,000 units were in process. Prepare the department's equivalent units of production with respect to direct materials under each of three separate assumptions using the weighted average method for process costing. 1. All direct materials are added to products when processing begins. Total EUP 2. Beginning Inventory Is 40% complete as to materials and conversion costs. Ending Inventory Is 75% complete as to materials and conversion costs. Total EUP 3. Beginning Inventory Is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory Is 30% complete as to materials and 80% complete as to conversion costs. Total EUP Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to nished goods. or these transferred units, 36,000 were in process in the production department at the beginning oprril and 290,000 were started and completed in April. April's beginning inventory units were 70% complete with respect to materials and 30% complete with respect to conversion. At the end oprrilI 74,000 additional units were in process in the production department and were 80% complete with respect to materials and 20% complete with respect to conversion. 1. Compute the number of units transferred to nished goods. _:| 2. Compute the number of equivalent units with respectto both materials used and conversion used in the production department for April using the weighted-average method. Equivalent units of production Exercise 16-12 Weighted average: Completing a process cost summary L0 C3 The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion. Ending work in process inventory is 60% complete with respect to conversion. Direct Equivalent Units of Production Materials Conversion Units transferred out 43,500 43, 500 Units of ending work in process 4,800 2,880 Equivalent units of production 48,300 48,380 ' Direct Cosls per EUP Mater-tats Conversion Costs of beginning work in process 55 28,900 $ 3,315 Costs incurred this period 541,040 270,327 Total costs $ 569,940 $ 273,642 [ Units in beginning work in process (all completed during July) 4.300 Units started this period 44,000 Units completed and transferred out 43,500 Units in ending work in process 4,800 [ Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Total costs to account for Total costs amounted for 'Differenoa due to rounding costlunit Units to account for Total units to account for Total units accounted for Total units accounted for Equivalent units of production _ Total costs is + Equivalent units of production a Cost per equivalent unit of production Total costs accounted for
