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cdn.fbsbx.com Answer: D Answer the following questions using the information below: The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its
cdn.fbsbx.com Answer: D Answer the following questions using the information below: The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Cuckoo Clock Shop uses weighted-average costing. Data for the Assembly Department for June 2013 are. Work in process, beginning inventory250 units Direct materials (100% complete) Conversion costs (50% complete) Units started during June800 units Work in process, ending inventory: 150 units Direct materials (100% complete) Conversion costs (75% complete) Costs for June 2013: Work in process, beginning inventory: Direct materials$90,000 Conversion costs$135,000 Direct materials costs added during June$500,000 Conversion costs added during June$500,000 What are the equivalent units for direct materials and conversion costs, respectively, for June? A) 1,200.5 units; 1,160.64 units B) 1,050 units; 1,012.5 units C) 1,050 units; 1,050 units D) 962 units; 990 units Answer: B What is the total amount debited to the Work-in-Process account during the month of June? A) $225,000 B) $1,000,000 C) $1,135,000 D) $1,225,000 Answer: B What is the direct materials cost per equivalent unit during June? A) $561.90 B) $865.10 C) $789.50 D) $945.18 Done
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