Department S had 600 units 65% completed in process at the beginning of the period; 8,700 units completed during the period; and 1,000 units 53% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost.

a.8,100

b.8,310

c.8,840

d.9,840

15.

Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period; 3,000 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period:

Work in process, beginning of period	$40,000
Costs added during period:
Direct materials (10,400 units at $8)	83,200
Direct labor	63,000
Factory overhead	25,000

All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. What is the total cost of 3,600 units of beginning inventory which were completed during the period (round unit cost calculations to four decimal places)?

a.$16,163

b.$62,206

c.$19,275

d.$40,000

17.

Carmelita Inc., has the following information available:

	Costs from Beginning Inventory	Costs from current Period
Direct materials	$6,000	$22,900
Conversion costs	5,200	155,800

At the beginning of the period, there were 500 units in process that were 42% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 5,500 units were started and completed. Ending inventory contained 400 units that were 30% complete as to conversion costs and 100% complete as to materials costs. The company uses the FIFO process cost method.

The cost of completing a unit during the current period was

a.$45.37

b.$26.36

c.$30.24

d.$36.29

The debits to Work in ProcessAssembly Department for May, together with data concerning production, are as follows:

May 1, work in process:
Materials cost, 3,000 units	$7,500
Conversion costs, 3,000 units, 50% completed	5,500
Materials added during May, 10,000 units	25,300
Conversion costs during May	34,800
Goods finished during May, 11,500 units	0
May 31 work in process, 1,500 units, 50% completed	0

19. All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The materials cost per equivalent unit for May is

a.$3.48

b.$2.20

c.$4.23

d.$2.53

25.

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000, $60,000, and $70,000, respectively. Department 2 has transferred-in costs of $390,000 for the current period. In addition, work in process at the beginning of the period for Department 2 totaled $75,000, and work in process at the end of the period totaled $90,000. The journal entry to record the flow of costs into Department 3 during the period is

a.

Work in ProcessDepartment 3555,000

Work in ProcessDepartment 2555,000

b.

Work in ProcessDepartment 3375,000

Work in ProcessDepartment 2375,000

c.

Work in ProcessDepartment 3490,000

Work in ProcessDepartment 2490,000

d.

Work in ProcessDepartment 3570,000

Work in ProcessDepartment 2570,000

29. If a department that applies FIFO process costing starts the reporting period with 50,000 physical units that were 25% complete with respect to direct materials and 40% complete with respect to conversion, it must add 12,500 equivalent units of direct materials and 20,000 equivalent units to direct labor to complete them.

True or False

30. Carmelita Inc., has the following information available:

	Costs from Beginning Inventory	Costs from current Period
Direct materials	2,000	$ 22,252
Conversion costs	6,200	150,536

At the beginning of the period, there were 500 units in process that were 60% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,500 units were started and completed. Ending inventory contained 340 units that were 30% complete as to conversion costs and 100% complete as to materials costs. The company uses the FIFO process cost method. The equivalent units of production for direct materials and conversion costs, respectively, were

a.4,602 for direct materials and 4,802 for conversion costs

b.4,902 for direct materials and 4,802 for conversion costs

c.4,840 for direct materials and 4,802 for conversion costs

d.5,340 for direct materials and 4,902 for conversion costs