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Chapter 20Quiz 9 w. l'. nuiimil wwi C' i newconnectmheducation.com Chapter 20- Quiz 0 Saved Help Saves. Exit Submit Hi-Test Company uses the weighted-average method of process costing to assign production costs to its products. Information for the company's rst production process September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. Work in process inventory, September 1 (4,500 units, 100% complete with respect to 80 direct materials , 70% complete with respect to direct labor and overhead; consists of points $65,500 of direct materials cost, $69,745 conversion cost $135,245 Costs incurred in September Direct materials $400,000 Conversion $347, 000 work in process inventory, September 30 (9, 500 units, 100% complete with respect to direct materials, 30% complete with respect to conversion) ? Units started in September 30, 500 Units completed and transferred to finished goods inventory 25,500 References ' Required: Compute each of the following using the weighted-average method of process costing. 1. & 2. The number of equivalent units for materials and conversion for the month. 3. & 4. The cost per equivalent unit of materials and conversion for the month. 5. The total cost of goods transferred out. 6. The total cost of ending work in process inventory. Complete this question by entering your answers in the tabs helow. Required 1 Required 3 . , and 2 and 4 Requlred 5 Requlred 6 The total cost of ending work In process Inventory. (Round "Cost per EUP" to 2 decimal places.) Direct materials Conversion M: ralw Brest 1 of 2 Education Nam > Chapter20Quiz Q m w: nullmnlmmll C' i newconnectmheducation.com Chapter ZO-Quiz 0 Saved Help Save&Exlt Submit Conversion $347,000 Work in process inventory, September 30 (9,500 units, 100% complete with respect to direct materials, 30% complete with respect to conversion) ? Units started in September 30,500 Units completed and transferred to finished goods inventory 25,500 I Required: 80 Compute each of the following using the weighted
Chapter 20 Quiz lli'. i i um l' 'liwli l'l lli C' i newconnectmheducationcom Chapter 20-Quiz 3 Saved Help Save&Exlt Submit Conversion $347,000 Work in process inventory, September 30 (9,500 units, 100% complete with respect to direct materials, 30% complete with respect to conversion) ? Units started in September 30,500 Units completed and transferred to finished goods inventory 25,500 I Required: 80 Compute each of the following using the weighted-average method of process costing. points 1. & 2. The number of equivalent units for materials and conversion for the month. 3. & 4. The cost per equivalent unit of materials and conversion for the month. 5. The total cost of goods transferred out. 6. The total cost of ending work in process inventory. E References Complete this question by entering your answers In the tabs below. Required 1 Required 3 and 2 and 4 Required 6 H Required 5 The number of equivalent units for materials and conversion for the month. nits completed and transferred out nits of ending work in process - Total Required 3 and 4 > M: gw latest 1 of 2 Education Next > Chapter20Quiz Q m w: :l-.llm;.l-.wr..ll C' i newconnectmheducation.com Chapter ZO-Quiz 0 Saved Help Save&Exlt Submit Conversion $347,000 Work in process inventory, September 30 (9,500 units, 100% complete with respect to direct materials, 30% complete with respect to conversion) ? Units started in September 30,500 Units completed and transferred to finished goods inventory 25,500 I Required: 80 Compute each of the following using the weighted Chapter20Quiz Q m w: minimum-ll C' i newconnectmheducation.com Chapter ZO-Quiz 0 Saved Help Save&Exlt Submit Conversion $347,000 Work in process inventory, September 30 (9,500 units, 100% complete with respect to direct materials, 30% complete with respect to conversion) ? Units started in September 30,500 Units completed and transferred to finished goods inventory 25,500 I Required: 80 Compute each of the following using the weighted
