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i was told it is not clear so I retook the pictures again! 1 During April the production department of a process manufacturing system completed
i was told it is not clear so I retook the pictures again!
1 During April the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units. 62.000 were in process in the production department at the beginning of April and 248,000 were started and completed in April April's beginning inventory units were 20% complete with respect to materials and 30% complete with respect to conversion. At the end of April 84.000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion ook Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 Print rences 1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method Complete this question by entering your answers in the tabs below. Required Required 2 Compute the number of units transferred to finished goods Units sed out RE Required 2 > 1 SIMU HUU yuus. VISUSTU, UZU WEICULES HELICOOLUCOELHICHOL the beginning of April and 248,000 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 of April, 84.000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 Jook rint -ences 1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method. Equivalent Units of Production - Weighted Average Units % Materials EUP-Materials Conversion EUP Conversion Equivalent units of production 2 Part 1 of 3 5 points Required information Problem 16-2A Weighted average: Cost per equivalent unit; costs assigned to products LO C2, C3 The following information applies to the questions displayed below) Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 790,000 units of product to finished goods. At the end of November the work in process inventory consists of 202.000 units that are 80% complete with respect to conversion Beginning inventory had $580,320 of direct materials and $95160 of conversion cost. The direct material cost added in November is $3.883.680, and the conversion cost added is $1,808,040. Beginning work in process consisted of 80,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion of the units completed, 80,000 were from beginning work in process and 710,000 units were started and completed during the period. BOOK Print References Problem 16-2A Part 1 Required: 1. Determine the equivalent units of production with respect to direct materials and conversion Equivalent Units of Production (EUP) Weighted Average Method Units % Materials EUPMaterials Conversion EUP Conversion Total units 3 Part 2 of 2 Required information Problem 16-2A Weighted average: Cost per equivalent unit, costs assigned to products LO C2, C3 (The following information applies to the questions displayed below) Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 790,000 units of product to finished goods. At the end of November the work in process inventory consists of 202.000 units that are 80% complete with respect to conversion Beginning inventory had $580,320 of direct materials and $95.160 of conversion cost . The direct material cost added in November is $3,883,680, and the conversion cost added is $1808,040. Beginning work in process consisted of 80,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion of the units completed, 80,000 were from beginning work In process and 710,000 units were started and completed during the perlod, 5 point Print Problem 16-2A Part 2 2. Compute both the direct material cost and the conversion cost per equivalent unit, Cost per equivalent unit of production Materials Conversion Total costs -Equivalent units of production Cost per equivalent unit of production (rounded 10 2 decimals Costs EUP Costs EUP 4 Part 3 ota Part 3 Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process Direct materials are added at the beginning of the process. During November, the company transferred 790,000 units of product to finished goods. At the end of November, the work in process inventory consists of 202.000 units that are 80% complete with respect to conversion Beginning inventory had $580,320 of direct materials and $95.160 of conversion cost. The direct material cost added in November is $3,883,680, and the conversion cost added is $1.808,040. Beginning work in process consisted of 80,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion of the units completed, 80,000 were from beginning work In process and 710,000 units were started and completed during the period, 5 points Problem 16-2A Part 3 Paint 3. Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) gererentes Cost of units transferred out EUP Cost per Total cost EUP Direct materials Conversion Total costs transforred out Costs of ending work in process EUP Cost per EUP Total cost Direct materials Conversion Total cost of ending work in process During April , the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 62.000 were in process in the production department at the beginning of April and 248,000 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 of April, 84.000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted-average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of units transferred to finished goods. Unuls transferred out Anquired Required 2 > During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 62,000 were in process in the production department at the beginning of April and 248,000 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 of April, 84,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 1. Compute the number of units transferred to finished goods, 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method. Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the welghted average method. Equivalent Units of Production - Weighted Average Units 9 Materiais EUP Materials Conversion EUP Conversion Prey 1 of 4 Next > 2 Part 13 Required information Problem 16-2A Weighted average: Cost per equivalent unit; costs assigned to products LO C2, C3 [The following information applies to the questions displayed below.) Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 790,000 units of product to finished goods. At the end of November, the work in process inventory consists of 202,000 units that are 80% complete with respect to conversion. Beginning inventory had $580,320 of direct materials and $95,160 of conversion cost. The direct material cost added in November is $3.883.680, and the conversion cost added is $1808.040. Beginning work in process consisted of 80,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 80.000 were from beginning work in process and 710,000 units were started and completed during the period, 5 points Skloped DOOR P References Problem 16-2A Part 1 Required: 1. Determine the equivalent units of production with respect to direct materials and conversion Equivalent Units of Production (EUP)-Weighted Average Method Units * Materiais EUP-Materials % Conversion EUP-Conversion Total units 3 Part 2 of 3 Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 790,000 units of product to finished goods. At the end of November, the work in process inventory consists of 202.000 units that are 80% complete with respect to conversion. Beginning inventory had $580.320 of direct materials and $95.160 of conversion cost. The direct material cost added in November is $3,883,680, and the conversion cost added is $1,808,040. Beginning work in process consisted of 80,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion of the units completed. 80.000 were from beginning work in process and 710,000 units were started and completed during the period. 5 paints Sloped Problem 16-2A Part 2 eBook 2. Compute both the direct material cost and the conversion cost per equivalent unit. Print Reference Cost per equivalent unit of production Materials Conversion Total costs Costs FUP Costs EUP -Equvalent units of produchon Cost per equivalent unit of production (rounded to 2 decimals 0 4 Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 790,000 units of product to finished goods. At the end of November, the work in process inventory consists of 202.000 units that are 80% complete with respect to conversion Beginning inventory had $580,320 of direct materials and $95,160 of conversion cost. The direct material cost added in November is $3,883.680, and the conversion cost added is $1808,040. Beginning work in process consisted of 80,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion of the units completed. 80,000 were from beginning work in process and 710,000 units were started and completed during the period. Part 3 of 3 5 points Skipped Problem 16-2A Part 3 eBook 3. Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Point References Cost of units transferred out EUP Cost per EUP Total cost Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Cost per EUP Total cost $ 000 S 0 $ 0.00 0 Direct materials Conversion Total cost of onding work in process Step by Step Solution
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