Question
YOU Company uses a weighted average process costing system and started 30,000 units this month. Taylor had 12,000 units that were 20 percent completed as
YOU Company uses a weighted average process costing system and started 30,000 units this month. Taylor had 12,000 units that were 20 percent completed as to conversion costs in beginning Work in Process Inventory and 3,000 units that were 40 percent completed as to conversion costs in ending Work in Process Inventory. What are equivalent units for conversion costs?
Select one:
a.37,800
b.40,200
c.40,800
d.42,000
Bida Company started 9,000 units in February. The company transferred out 7,000 finished units and ended the period with 3,500 units that were 40 percent completed as to both material and conversion costs. Beginning Work in Process Inventory units were
Select one:
a.600.
b.500.
c.1,500.
d.2,000.
GRIZZLY Company transferred 5,500 units to Finished Goods Inventory during September. On September 1, the company had 300 units on hand (40 percent completed as to both material and conversion costs). On June 30, the company had 800 units (10 percent completed as to material and 20 percent completed as to conversion costs). The number of units started and completed during September was:
Select one:
a.5,200.
b.6,300.
c.5,380.
d.5,500.
BESSY Company had beginning Work in Process Inventory of 5,000 units that were 40 percent completed as to conversion costs. X started and completed 42,000 units this period and had ending Work in Process Inventory of 12,000 units. How many units were started this period?
Select one:
a.42,000
b.54,000
c.59,000
d.47,000
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