Question
Materials costs of $696000 and conversion costs of $824900 were charged to a processing department in the month of September Materials are added at the
Materials costs of $696000 and conversion costs of $824900 were charged to a processing department in the month of September Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process Inventory, 120000 units were started into production in September, and there were 10000 units in ending work in process Inventory that were 30% to conversion costs at the end of September What was the total amount of manufacting costs assigned to the units completed and transferred out in September?
$1520900
$1441000
$1572000
$2244000
Materials costs of $1200000 and conversion cost of $2040000 were charged to a processing department in the month of September Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process inventory, 20000 units were started into production in September, and there were 5000 units in ending work in process Inventory that were 40% to conversion costs at the end of September What was the total manufacturing cost assigned to the 5000 units in the ending work in process Inventory?
$900000
$810000
$300000
$540000
In the month of April, a department had 500 units in beginning work in process inventory that were 60% complete as to conversion costs. These units had $68000 of materials costs and $40000 of conversion costs. Materials are added at the beginning of the process and conversion costs are added uniformly throughout the process. During April, 17000 units were completed and transferred out to the finished goods inventory and there were 2300 units that were 20% to conversion costs in the ending work in process inventory on April 30. During April, manufacturing costs charged to the department were: Materials $2537500, Conversion costs $2666300
(Round unit material and coversion cost to O decimal place, eg 135)
The cost assigned to the units completed and transferred out to finished goods during April was
$5104500
$4902000.
$4930000
$4953000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started