Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Part 2 of 2 B 5 points Skipped 500 80 % 40% eBook 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Part 2 of 2 B 5 points Skipped 500 80 % 40% eBook 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 8 Costs in the beginning work in process inventory: 9 Materials cost 10 Conversion cost 11 Units started into production during the period 12 Costs added to production during the period: 13 Materials cost 14 Conversion cost 15 Ending work in process inventory 16 Units in process 17 Completion with respect to materials 18 Completion with respect to conversion $ $ 15.810 12,942 12,300 Print References $ 479,125 $ 796,000 300 10% 40% If your formulas are correct, you should get the correct answers to the following questions. (a) What is the equivalent units of production for materials? Required information (a) What is the equivalent units of production for materials? Part 2 of 2 Equivalent units of production for materials 5 points Skipped (b) What is the equivalent units of production for conversion? eBook Equivalent units of production for conversion Print References (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Cost per equivalent unit for materials (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost per equivalent unit for conversion Required information 2 of 2 le) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) Cost of units transferred out s kipped Book Requirement 3: Either print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the percentage completion with respect to conversion for the beginning inventory from 40% to 25%, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: Print B ferences 500 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 8 Costs in the beginning work in process inventory: 9 Materials cost 10 Conversion cost 11 Units started into production during the period 12 Costs added to production during the period: 80% 25 % $ $ 15,810 12,042 12,300 4ne Required information art 2 of 2 $ 479,125 $ 796,000 13 Materials cost 14 Conversion cost 15 Ending work in process inventory: 16 Units in process 17 Completion with respect to materials 18 Completion with respect to conversion pints 300 10 % 40% Skipped eBook If your formulas are correct, you should get the correct answers to the following questions, (a) What is the equivalent units of production for materials? Print Equivalent units of production for materials References (b) What is the equivalent units of production for conversion? Equivalent units of production for conversion 2 Required information Part 2 of 2 (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Cost per equivalent unit for materials 5 points Skipped (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) eBook Cost per equivalent unit for conversion Print References (e) What is the cost of the units transferred out? (Roynd your cost per equivalent unit to 2 decimal places.) Cost of units transferred out (f) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Minyt Check my 2 Required information Part 2 of 2 (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost per equivalent unit for conversion 5 points Suipped Book (e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) Cost of units transferred out Print References in) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer Any boxes left with a question mark will be automatically graded as incorrect) in the weighted average method, the percentage completion of beginning inventory has no effect on the equivalent units of production in the weighted average method, the percentage completion of beginning inventory has no effect on the cost per equivalent unt 2 in the weighted average method, the percentage completion of beginning inventory has no effect on the cost of the units transferred out ME Part 2 of 2 B 5 points Skipped 500 80 % 40% eBook 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 8 Costs in the beginning work in process inventory: 9 Materials cost 10 Conversion cost 11 Units started into production during the period 12 Costs added to production during the period: 13 Materials cost 14 Conversion cost 15 Ending work in process inventory 16 Units in process 17 Completion with respect to materials 18 Completion with respect to conversion $ $ 15.810 12,942 12,300 Print References $ 479,125 $ 796,000 300 10% 40% If your formulas are correct, you should get the correct answers to the following questions. (a) What is the equivalent units of production for materials? Required information (a) What is the equivalent units of production for materials? Part 2 of 2 Equivalent units of production for materials 5 points Skipped (b) What is the equivalent units of production for conversion? eBook Equivalent units of production for conversion Print References (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Cost per equivalent unit for materials (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost per equivalent unit for conversion Required information 2 of 2 le) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) Cost of units transferred out s kipped Book Requirement 3: Either print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the percentage completion with respect to conversion for the beginning inventory from 40% to 25%, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: Print B ferences 500 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 8 Costs in the beginning work in process inventory: 9 Materials cost 10 Conversion cost 11 Units started into production during the period 12 Costs added to production during the period: 80% 25 % $ $ 15,810 12,042 12,300 4ne Required information art 2 of 2 $ 479,125 $ 796,000 13 Materials cost 14 Conversion cost 15 Ending work in process inventory: 16 Units in process 17 Completion with respect to materials 18 Completion with respect to conversion pints 300 10 % 40% Skipped eBook If your formulas are correct, you should get the correct answers to the following questions, (a) What is the equivalent units of production for materials? Print Equivalent units of production for materials References (b) What is the equivalent units of production for conversion? Equivalent units of production for conversion 2 Required information Part 2 of 2 (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Cost per equivalent unit for materials 5 points Skipped (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) eBook Cost per equivalent unit for conversion Print References (e) What is the cost of the units transferred out? (Roynd your cost per equivalent unit to 2 decimal places.) Cost of units transferred out (f) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Minyt Check my 2 Required information Part 2 of 2 (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost per equivalent unit for conversion 5 points Suipped Book (e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) Cost of units transferred out Print References in) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer Any boxes left with a question mark will be automatically graded as incorrect) in the weighted average method, the percentage completion of beginning inventory has no effect on the equivalent units of production in the weighted average method, the percentage completion of beginning inventory has no effect on the cost per equivalent unt 2 in the weighted average method, the percentage completion of beginning inventory has no effect on the cost of the units transferred out ME

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Puzzling Auditing Puzzles

Authors: Janice P. Russell

1st Edition

0873894782, 978-0873894784

More Books

Students also viewed these Accounting questions

Question

Name three problems associated with carrying too much inventory.

Answered: 1 week ago

Question

Consistently develop management talent.

Answered: 1 week ago

Question

Create a refreshed and common vision and values across Europe.

Answered: 1 week ago

Question

Provide the best employee relations environment.

Answered: 1 week ago