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show your work please as two production departments: Mixing ing 2 Chg binus Hw Due Thursday 9/26 at Beg. of clans No Late work Must
show your work please
as two production departments: Mixing ing 2 Chg binus Hw Due Thursday 9/26 at Beg. of clans No Late work Must show als for credit als are a z De tory Motley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The following information pertains to operations for November. Units Work in process, November 1 16,000 Started in production during November 100,000 Work in process, November 30 24,000 The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs. The ending inventory was 90% complete as to materials and 40% complete as to conversion costs. Costs pertaining to November are as follows: Beginning inventory: direct materials, S54,560: direct labor, $20,320; manufacturing overhead, S15.240. Costs incurred during the month: direct materials, S468,000; direct labor, S182.880; manufacturing overhead, 5391,160. 1. What is the equivalent unit cost for materials assuming Motley uses weighted average process costing? $4.12. by $4.50 e) $4.60 d) $4,80 2. What is the equivalent unit cost for the conversion costs assuming Motley uses weighted average process costing? a) 55.65. b) 55.83. e) $6,00 d) $6.20. 3. What are the total costs in the ending Work-in-Process Inventory assuming Motley uses weighted average process costing? a) 586,400 b) S153,960 c) $154,800. d) S156,960. 4. What are the total costs of the units transferred out assuming Motley uses weighted average process costing? a) S522,560. b) S609,600. c) 9975,200. d) $1,132,160. 5. If Motley uses FIFO and 50,000 units were sold at $25/unit, what is operating income assuming operating expenses are $500,000? (use the shorteut method to calculate FIFO EUP) a) S233,500. b) $500,000 c) S516,500. d) $1,250,000 Step by Step Solution
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