In November, one of the processing departments at Goodsell Corporation had beginning work in process inventory of $36,000 and ending work in process inventory of $35,000. During the month, $427,000 of costs were added to production and the cost of units transferred out from the department was $428,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for November, the total cost to be accounted for would be:

$890,000

$71,000

$463,000

$926,000

MC Qu. 30 In October, one of the processing ...

In October, one of the processing departments at Ridling Corporation had ending work in process inventory of $39,000. During the month, $252,000 of costs were added to production and the cost of units transferred out from the department was $235,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for October, the total cost to be accounted for would be:

$526,000

$61,000

$548,000

$274,000

Information about units processed and processing costs incurred during a recent month in the Refining Department of a manufacturing company follow:

	Number of Units	Percent Completion Conversion Costs
Beginning work in process inventory	11,000	35%
Units started into production	120,000
Units completed and transferred out	114,000
Ending work in process inventory	17,000	30%

The beginning work in process inventory included $11,000 of conversion cost. During the month, the Department incurred an additional $290,000 in conversion costs. Assuming that the company uses the weighted-average cost method, what are the equivalent units for conversion costs for the Blending Department for the month?

119,100

120,000

114,000

131,000

The following data relate to the Blending Department of Tru-Color Paint Corporation for a recent month:

	Units	Percent Complete Conversion
Beginning work in process inventory	9,000	60%
Units started into production	45,000
Units completed and transferred out	46,000
Ending work in process inventory	8,000	25%

All materials are added prior to the beginning of work in the Blending Department. Assuming that Tru-Color Paint Corporation uses the FIFO method, the equivalent units for materials would be:

42,600

45,000

53,000

46,000

10. MC Qu. 29 In November, one of the processing In November, one of the processing departments at Goodsell Corporation had beginning work in process inventory of $36,000 and ending work in process inventory of $35,000. During the month, $427,000 of costs were added to production and the cost of units transferred out from the department was $428,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for November, the total cost to be accounted for would be: O $890,000 $71.000 o $463,000 $926,000 MC Qu. 30 In October, one of the processing. n October, one of the processing deportments at Ridling Corporation had ending work in process inventory of $39,000. During the month, $252,000 of costs were added to production and the cost of units transferred out from the department was $235,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for October, the total cost to be accounted for would be $526,000 $61,000 $548,000 $274,000 12 MC Qu. 31 Information about units processed Information about units processed and processing costs incurred during a recent month in the Refining Department of a manufacturing company follow Number of UnitsPercent Completion Conversion Costs 35% Beginning work In process Inventory Units started Into production Units completed and transferred out Ending work In process Inventory 11000 120,000 114.000 7,000 30% The beginning work in process inventory included $11,000 of conversion cost. During the month, the Department incurred an additional $290,000 in conversion costs Assuming that the company uses the weighted-average cost method, what are the equivalent units for conversion costs for the Blending Department for the month? 119,100 120,000 O 114,000 131000 13. MC Qu. 35 The following data relate to the. The following data relate to the Blending Department of Tru-Color Paint Corporation for a recent month Units Beginning work In process Inventory Units started Into production Units completed and transferred out Ending work In process Inventory 60% 45,(XX) 25% All materials are added prior to the beginning of work in the Blending Department Assuming that Tru-Color Paint Corporation uses the FIFO method, the equivalent units for materials would be: O 42,600 O 45,000 O 53,000 O 46,000