Question

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the...

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 2,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 61,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 18,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs.

What were the equivalent units for conversion costs in the Assembly Department for the month?

  • 45,000

  • 77,000

  • 54,400

  • 55,800

Homework Answers

Answer #1

Solution:

Calculation of equivalant units for conversion costs in the assembly department for the month:

Weighted Average method:

Units transfered to the next department =Units in biginning work in process + Units started into production - Units in ending work in process

Units transfered to the next department =

2000 + 61000 - 18000.

= 41000units.

Conversion
Units transfered to the next department 45000 units

Ending Work in process:

Conversion = 18000 units 60%

10800 units
Equivalent Units of Production 55800 units

Answer:

The correct Option is "55800units".

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
B Corporation uses the weighted-average method in its process costing system. The Assembly Department started the...
B Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 2,200 units in its beginning work in process inventory. An additional 61,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 19,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs...
Carver Corporation uses the FIFO method in its process costing system. The Assembly Department started the...
Carver Corporation uses the FIFO method in its process costing system. The Assembly Department started the month with 2700 units in its beginning work in process inventory that were 60% complete with respect to conversion costs. An additional 73,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 9700 units in the ending work in process inventory of the Assembly Department that were 50% complete with respect to conversion...
Carver Corporation uses the FIFO method in its process costing system. The Assembly Department started the...
Carver Corporation uses the FIFO 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 60% complete with respect to conversion costs. An additional 76,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 10,000 units in the ending work in process inventory of the Assembly Department that were 50% complete with respect to conversion...
Carver Corporation uses the FIFO method in its process costing system. The Assembly Department started the...
Carver Corporation uses the FIFO method in its process costing system. The Assembly Department started the month with 3,300 units in its beginning work in process inventory that were 60% complete with respect to conversion costs. An additional 79,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 10,300 units in the ending work in process inventory of the Assembly Department that were 50% complete with respect to conversion...
Gaba Corporation uses the FIFO method in its process costing system. The Grinding Department started the...
Gaba Corporation uses the FIFO method in its process costing system. The Grinding Department started the month with 17,100 units in its beginning work in process inventory that were 60% complete with respect to conversion costs. An additional 61,000 units were transferred in from the prior department during the month to begin processing in the Grinding Department. During the month 71,000 units were completed in the Grinding Department and transferred to the next processing department. There were 7,100 units in...
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the...
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,050 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,520. An additional 89,100 units were started into production during the month and 92,100 units were completed in the Welding Department and transferred to the next processing department. There...
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the...
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,800 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $8,120. An additional 90,600 units were started into production during the month and 93,600 units were completed in the Welding Department and transferred to the next processing department. There...
Darden Corporation uses the weighted-average method in the process costing system. The first processing department the...
Darden Corporation uses the weighted-average method in the process costing system. The first processing department the Welding Department, started the month with 18,200 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 $16,700. An additional 85,000 units were started into production during the month. There were 18,000 in the ending work in process inventory of the Welding Department that were 70%...
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the...
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 21,400 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 $24,700. An additional 101,000 units were started into production during the month. There were 34,000 units in the ending work in process inventory of the Welding Department that were...
David Corporation uses the weighted-average method in its process costing system. The first processing department, the...
David Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 21,000 units in its beginning work in process inventory that were 60% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $141,200. An additional 101,000 units were started into production during the month. There were 21,000 units in the ending work in process inventory of the Welding Department that were...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT