The Holiday Company makes wreaths in two departments: Forming and Decorating. Forming began the month with 500 wreaths in process that were 100 percent complete as to material and 40 percent complete as to conversion. During the month, 6,500 wreaths were started. At month end, Forming had 2,100 wreaths that were still in process that were 100 percent complete as to material and 50 percent complete as to conversion. Assume Forming uses the weighted average method of process costing. Costs in the Forming Department are as follows: Beginning Work in Process Costs: Material Conversion Current Costs: Material Conversion $1,000 1,500 $3,200 5,045 The Decorating Department had 600 wreaths in process at the beginning of the month that were 80 percent complete as to material and 90 percent complete as to conversion. The department had 300 units in ending Work in Process that were 50 percent complete as to material and 75 percent complete as to conversion. Decorating uses the FIFO method of process costing, and costs associated with Decorating are: Beginning WIP Inventory: Transferred In Material Conversion Current Period: Transferred In Material $1,170 4,320 6,210 ? $67,745 Conversion 95,820 8. How many units were transferred to Decorating during the month? a. 600 c. 5,950 b. 4,900 d. 7,000 9. Mehta Company Co. uses a FIFO process costing system. The company had 5,000 units that were 60 percent complete as to conversion costs at the beginning of the month. The company started 22,000 units this period and had 7,000 units in ending Work in Process Inventory that were 35 percent complete as to conversion costs. What are equivalent units for material, if material is added at the beginning of the process? a. 18,000 27,000 b. 22,000 c. 25,000 d. 10. Taylor Company uses a weighted average process costing system and started 30,000 units this month. Taylor had 12,000 units that were 20 percent complete as to conversion costs in beginning Work in Process Inventory and 3,000 units that were 40 percent complete as to conversion costs in ending Work in Process Inventory. What are equivalent units for conversion costs? a. 37,800 b. 40,200 c. 40,800 d. 42,000 The Dark Delectables Company has two processing departments, Cooking and Packaging. Ingredients are placed into production at the beginning of the process in Cooking, where they are formed into various shapes. When finished, they are transferred into Packaging, where the candy is placed into heart and tuxedo boxes and covered with foil. All material added in Packaging is considered as one material for convenience. Since the boxes contain a variety of candies, they are considered partially complete until filled with the appropriate assortment. The following information relates to the cooking departments for February 2020: Units started this period Units completed and transferred Ending WIP (60% complete as to conversion) a. Determine equivalent units of production 19,500 Units 19,000 Units 500 Units Quingchiley Company manufactures a specialized product. Department 2 adds new material to the units received from Department 1 at the end of process. A normal loss occurs early in processing. Production and cost data for Department 2 for the month of September are as follows: Production record (in units): Received from Department 1 24,000 Completed and transferred to finished goods 16,000 Lost in processing (normal) 2,000 In process, September 30-2/3 complete for process cost 6,000 Cost Record: Cost from preceding department in September Material cost for September Conversion cost for September 8,000 36,000 49,000 Required: Prepare Cost of Production Report.