QUESTION 4

The Townson Manufacturing Company has gathered the following information for the month of September. 6,000 units in the beginning Work in Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs). 60,000 units were started into production. 50,000 units were completed and transferred to the next department. The ending Work in Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs. What are the total equivalent units of materials in the September beginning inventory?

QUESTION 5

The Poolside Company uses a FIFO process costing system. The following data are available: Beginning inventory 1,000 units (100% complete as to materials and 50% complete as to labor and overhead); Units started in production 19,000; Units finished during the period 16,000; Units in process at the end of the period (100% complete as to materials and 25% complete as to labor and overhead) 4,000; Costs in beginning inventory were materials of $1,500 and Labor and overhead costs $1,000; Cost added during the period were $35,200 for materials and Labor and overhead costs of $37,400. What is the FIFO value of labor and overhead transferred out of ending Work in Process Inventory for the period? (Round to the nearest $1.00.)

QUESTION 6

The Townson Manufacturing Company has gathered the following information for the month of September. 6,000 units in the beginning Work in Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs). 60,000 units were started into production. 50,000 units were completed and transferred to the next department. The ending Work in Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs. What are the total equivalent units of materials added to production in the month of September?