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In Barber Company, total material costs are $10,000 and total conversion costs are $20,000. Equivalent units of production are materials 1,000 and conversion costs 2,500.

In Barber Company, total material costs are $10,000 and total conversion costs are $20,000. Equivalent units of production are materials 1,000 and conversion costs 2,500. Unit costs for conversion costs is:

a.

$1

b.

$8

c.

$10

d.

$18

Corsi Company had no beginning Work in Process inventory, completed and transferred out were 70,000 physical units, and ending Work in Process inventory of 7,000 physical units. Materials are added at the beginning of the process. What is the total number of equivalent units for materials during the period?

a.

70,000

b.

63,000

c.

7,000

d.

77,000

Ganter Company had the following department information about physical units and percentage of completion: beginning Work in Process (60%) 60,000; units completed and transferred out 150,000; ending Work in Process (40%) 50,000. If materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May?

a.

210,000

b.

170,000

c.

194,000

d.

200,000

Big Company has the following production data for January: units transferred out 30,000, and ending work in process 10,000 units that are 100% complete for materials and 45% complete for conversion costs. If unit materials cost is $3 and unit conversion cost is $5, determine the costs to be assigned to the units transferred out.

a.

$240,000

b.

$80,000

c.

$90,000

d.

$150,000

Big Company has the following production data for January: units transferred out 30,000, and ending work in process 10,000 units that are 100% complete for materials and 45% complete for conversion costs. If unit materials cost is $3 and unit conversion cost is $5, determine the costs to be assigned to the units in ending work in process.

a.

$36,000

b.

$80,000

c.

157,500

d.

$52,500

In Barber Company, total material costs are $10,000 and total conversion costs are $20,000. Equivalent units of production are materials 1,000 and conversion costs 2,500. Unit costs for materials is:

$8

b.

$18

c.

$10

d.

$1

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