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The weighted-average method is applied in MFLU Company's process costing system.The Welding Department (the first process) started the month with 13,000 units in its beginning

  1. The weighted-average method is applied in MFLU Company's process costing system.The Welding Department (the first process) started the month with 13,000 units in its beginning work in process inventory that were 80% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $23,920. An additional 66,000 units were started into production during the month and 68,000 units were completed in the Welding Department and transferred to the next processing department. There were 11,000 units in the ending work in process inventory of the Welding Department that were 30% complete with respect to conversion costs. A total of $127,890 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month?
  2. Darvin Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 20,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,000. An additional 63,000 units were started into production during the month. There were 10,000 units in the ending work in process inventory of the Welding Department that were 10% complete with respect to conversion costs. A total of $237,600 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)
  3. AB Company applies the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 12,000 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,000. During the month, 50,000 units were completed and transferred out of the department. The costs per equivalent unit were computed to be $1.50 for materials and $3.20 for conversion costs. The total cost of the units completed and transferred out of the department was?
  4. Faivre Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 13,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. An additional 55,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 67,000 units were completed in the Assembly Department and transferred to the next processing department. There were 1,000 units in the ending work in process inventory of the Assembly Department that were 50% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?
  5. Dedra Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 10,000 units in its beginning work in process inventory that were 50% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $37,500. An additional 98,000 units were started into production during the month. There were 17,000 units in the ending work in process inventory of the Welding Department that were 80% complete with respect to conversion costs. A total of $727,080 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)
  6. Fabre Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 3,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 90,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 75,000 units were completed in the Assembly Department and transferred to the next processing department. There were 18,000 units in the ending work in process inventory of the Assembly Department that were 50% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?
  7. At a sales level of $365,000, ABCompany's gross margin is $20,000 less than its contribution margin, its net operating income is $70,000, and its selling and administrative expenses total $130,000 At this sales level, its contribution margin would be:
  8. Shipping costs at AB Mining Company are a mixture of variable and fixed components The company shipped 8,000 tons of coal for $400,000 in shipping costs in August and 10,000 tons for $499,000 in September. The shipping costs for 11,000 tons would be?
  9. Landau Company produces bottled drinking water. The accountant records this information:Variable production costs, $12 per unit.Variable selling & administrative expenses, $3 per unit.Fixed manufacturing overhead, $36,000.Fixed selling and administration expenses, $40,000.Beginning inventory, $0.If it produces 4,000 units and sells 3,600 units of products, the value of the ending inventory (in $) under variable costing would be?
  10. Calculate the ending raw materials inventory if cost of beginning raw materials inventory is $106,000, purchase of raw materials is $65,000, freight-in cost is $26,000 and direct material used is $86,000?
  11. Super Duper Corporation spent $55,000 for rent on a production facility, $5,000 for raw material, $30,000 on labor costs to produce their products, and $15,000 of various indirect costs. How much is the total cost?

Manufacturing overhead = 20% of its total conversion costs.

Direct labour cost = $45,000.

Direct materials cost = $53,000.

Required:

How much is the manufacturing overhead?

12.The direct labour this month has been written by MFLU Company as much as 30% of its conversion cost. How much is actually the direct labour cost if the manufacturing overhead cost for the period is $49,000 and the direct materials cost is $20,000?

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