The Fabricating Department started the current month with a beginning Work in Process inventory of $11,100. During the month, it was assigned the following costs: direct materials, $77,100; direct labor, $25,100; and factory overhead, 70% of direct labor cost. Also, inventory with a cost of $114,500 was transferred out of the department to the next phase in the process. The ending balance of the Work in Process Inventory account for the Fabricating Department is:

$16,370.

$113,300.

$83,839.

$198,339.

$68,970.

A company uses the FIFO method for inventory costing. At the start of the period the production department had 46,000 units in beginning Work in Process inventory which were 37% complete; the department completed and transferred 172,000 units. At the end of the period, 19,000 units were in the ending Work in Process inventory and are 72% complete. The production department had labor costs in the beginning goods is process inventory of $94,000 and total labor costs added during the period are $726,725. Compute the equivalent cost per unit for labor.

$4.31.

$4.42.

$4.88.

$4.52.

$4.48.

$4.31.

$4.42.

$4.88.

$4.52.

A company uses the weighted-average method for inventory costing. At the end of the period, 19,000 units were in the ending Work in Process inventory and are 100% complete for materials and 68% complete for conversion. The equivalent costs per unit are; materials, $2.58, and conversion $2.20. Compute the cost that would be assigned to the ending Work in Process inventory for the period.

$151,620.

$69,218.

$77,444.

$118,788.

$103,102.

At the beginning of the recent period, there were 1,440 units of product in a department, 35% completed. These units were finished and an additional 6,800 units were started and completed during the period. 1,520 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:

6,800 units.

7,660 units.

8,240 units.

9,760 units.

8,620 units.

A company uses the weighted average method for inventory costing. At the beginning of a period the production department had 42,000 units in beginning Work in Process inventory which were 39% complete; the department completed and transferred 174,000 units. At the end of the period, 21,000 units were in the ending Work in Process inventory and are 74% complete. Compute the number of equivalent units produced by the department.

190,880.

174,000.

132,000.

195,000.

189,540.

Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Equivalent units of production for the year are:

Beginning inventory of Work in Process (40% complete, $2,000)	290 units
Ending inventory of Work in Process (80% complete)	490 units
Total units started during the year	4,100 units

4,880 units.

4,176 units.

4,100 units.

4,492 units.

4,292 units.

During March, the production department of a process operations system completed and transferred to finished goods 16,000 units that were in process at the beginning of March and 140,000 that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 58% complete with respect to conversion. At the end of March, 33,000 additional units were in process in the production department and were 100% complete with respect to materials and 25% complete with respect to conversion. Compute the number of equivalent units with respect to both materials and conversion respectively for March using the FIFO method.

164,250; 164,250.

189,000; 164,250.

173,000; 154,970.

189,000; 189,000.

156,000; 148,250.