Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sons Question Completion Status: Jumper Company uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing

image text in transcribed

Sons Question Completion Status: Jumper Company uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for April 202x: Work in Process, April 1 400 units Units started into production during the month. 15,000 units Units completed and transferred out during the month 14 400 units Work in process, April 30 80% Percent complete with respect to materials Percent complete with respect to conversion 40% Cost in the beginning Materials cost. Conversion cost... Costs added to production during the month: Materials costs Conversion cost. TOTAL COST FOR APRIL $ 1,800 3,300 97,000 215.000 $317.100 INSTRUCTIONS> Answer the REQUIRED below. Strictly follow these specifications when inputting your answers: Round S-amounts to the nearest 5.01 (penny). This includes when performin this>$2.45 NOT this> $2.447) Include the decimal point and cents on all dollar amount answers. (eg, inpu If a dollar amount answer is less than a $1, input>Sx.xx. (eg, input this S0 Include a S on all dollar amount answers (eg, input this> 55.77. NOT this Include a comma on all numeric answers where applicable (eg, this 4,567 . For each blank, ALL answers are one-word or one S-amount ansters Misspelled word answers are NOT forgiven. (eg, input this manufacture unuts units units REQUIRED: 1. The equivalent units for materials equals 2. The equivalent units for conversion cost equals 3. The unit cost of materials per equivalent unit of materials is 4. The unit cost of materials per equivalent unit of conversion cost is 5. The total cost to be accounted for equals 6. The total cost of units transferred out equals 7. The number of units in process on April 30 equals 8. The total cost of the work-in-process on April 30 equals Click Save and Submit to save and submit. Click Save All Answers to see all answers

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

Computer Accounting With QuickBooks 2021

Authors: Donna Kay

20th Edition

1264069197, 9781264069194

More Books

Students also viewed these Accounting questions

Question

2. Explain the basic processes for conducting a content analysis.

Answered: 1 week ago

Question

c. Are there any prerequisites for the course?

Answered: 1 week ago