Mannassass Company manufactures chairs. The following information was given for the company:

units, beginning work in process 0

units started 20,000

units completed?

units, ending work in process 4,000

cost of direct materials $220,000

cost of conversion $ 27,520

Materials in the ending inventory were 100 percent complete and conversion in the ending inventory was 30 percent complete.

1. Refer to Figure 6-6. What are the units started and completed?

a. 20,000

b. 24,000

c. 16,000

d. 40,000

e. none of the above

2. Refer to Figure 6-6. What are the equivalent units for materials and conversion respectively?

a. 20,000; 20,000

b. 20,000; 16,000

c. 20,000; 17,200

d. 16,000; 14,000

e. none of the above

3. Refer to Figure 6-6. What are the costs per unit for materials and conversion respectively?

a. $22; $4

b. $28.33; $5.27

c. $11; $1.60

d. $84; $68

e. none of the above

4. Refer to Figure 6-6. What cost is assigned to ending work in process?

a. $45,920

b. $26,000

c. $100,000

d. $114,000

e. none of the above

Figure 6-12

Twinnings Corporation manufactures Scheduling Books. There are two processes: printing and binding. The following information is given for the printing department for September. (The company uses FIFO inventory assumption.)

Units:

units, beginning work in process 40,000 (30% complete for materials, 70% complete for conversion)

started 300,000

completed ?

units, ending work in process 50,000 (35% complete for materials, 90% complete for conversion)

Costs: Materials Conversion Total

beginning work in process $ 6,080 $ 2,160 $ 8,240

current costs $192,075 $33,770 $225,845

total costs $198,155 $35,930 $234,085

5. Refer to Figure 6-12. What are the FIFO equivalent units for materials?

a. 304,500

b. 294,500

c. 306,500

d. 295,500

e. none of the above

6. Refer to Figure 6-12. What are the FIFO equivalent units for conversion?

a. 306,000

b. 340,000

c. 317,000

d. 307,000

e. none of the above