Question

Questions 1 and 2 refer to the following information. Chomp Pet Foods manufactures canned dog food....

Questions 1 and 2 refer to the following information.

Chomp Pet Foods manufactures canned dog food. The firm employs a process costing system for its manufacturing operations. All direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. In the month of June, the company had 4000 units in beginning work in process that were 60% complete. During June, 7000 units were started and 7600 units were completed and transferred out. At the end of June, there were 3400 units in ending work in process that were 20% complete.

What are the equivalent units of direct material started during June, using the FIFO method?

Homework Answers

Answer #1

For any clarifications please comment, thank you.

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
Use the following information for questions 21-24. The Gomez company manufactures a standard recliner. During February,...
Use the following information for questions 21-24. The Gomez company manufactures a standard recliner. During February, the firm's Assembly Department started production of 275 chairs. During the month, the firm completed 400 chairs, and transferred them to the Finishing Department. The firm ended the month with 100 chairs in ending inventory. There were 225 chairs in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production...
Required information [The following information applies to the questions displayed below.] Victory Company uses weighted-average process...
Required information [The following information applies to the questions displayed below.] Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 700,000 units of product to finished goods. At the end of November, the work in process inventory consists of 180,000 units that are 30% complete with respect to conversion. Beginning inventory had $420,000 of...
For each of the following independent cases, use FIFO costing to determine the information requested. a....
For each of the following independent cases, use FIFO costing to determine the information requested. a. In the beginning inventory, 4,600 units were 50 percent complete with respect to materials. During the period, 44,000 units were transferred out. Ending inventory consisted of 7,700 units that were 70 percent complete with respect to materials. How many units were started and completed during the period? b. At the start of the period, 3,900 units were in the work-in-process inventory; 3,100 units were...
For each of the following independent cases, use FIFO costing to determine the information requested. Required:...
For each of the following independent cases, use FIFO costing to determine the information requested. Required: a. In the beginning inventory, 4,600 units were 30 percent complete with respect to materials. During the period, 45,000 units were transferred out. Ending inventory consisted of 7,800 units that were 80 percent complete with respect to materials. How many units were started and completed during the period? b. At the start of the period, 4,000 units were in the work-in-process inventory; 3,100 units...
Tamar Co. manufactures a single product in one department. All direct materials are added at the...
Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 28,200 units of product to finished goods inventory. Its 4,200 units of beginning work in process consisted of $73,980 of direct materials and $1,308,684 of conversion costs. It has 3,000 units (100% complete with respect to direct materials and 80% complete with respect to...
Pet Products Company uses an automated process to manufacture its pet replica products
Pet Products Company uses an automated process to manufacture its pet replica products. For June, the company had the following activities: Beginning work in process inventory?4,500 items, 1/4 complete Units placed in production?15,000 units Units completed?17,500 units Ending work in process inventory?2,000 items, 3/4 complete ? Cost of beginning work in process?$5,250 Direct material costs, current?$16,500 Conversion costs, current?$23,945 Direct materials are placed into production at the beginning of the process and conversion costs are incurred evenly throughout the process....
Refer to the following information about the Finishing Department in the Davidson Factory for the month...
Refer to the following information about the Finishing Department in the Davidson Factory for the month of June. Davids on Factory uses the weighted -average method of inventory costing. Beginning Work in Process inventory: Physical units ....................................................................... 5,000 units % complete for materials ..................................................... 70% % complete for labor and overhead ..................................... 25% Materials co st from May ...................................................... $7,350 Labor and overhead cost from May ...................................... $3,125 Product started and completed: Physical units ....................................................................... 40,000 units Ending Work in...
Comfort chair company manufacturers a standard recliner. During​ February, the​ firm's Assembly Department started production of...
Comfort chair company manufacturers a standard recliner. During​ February, the​ firm's Assembly Department started production of 73,600 chairs. During the​ month, the firm completed 78,700 ​chairs, and transferred them to the Finishing Department. The firm ended the month with 10,700 chairs in ending inventory. There were 15,800 chairs in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing...
In the month of September, a department had 20,000 units in beginning work in process that...
In the month of September, a department had 20,000 units in beginning work in process that were 50% complete. During September, 100,000 units were transferred into production from another department. At the end of September there were 10,000 units in ending work in process that were 60% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the process in September? In the month...
Required information [The following information applies to the questions displayed below.] Clopack Company manufactures one product...
Required information [The following information applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method to account for units and costs. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): Work in Process—Mixing Department   June 1—balance 28,000     Completed and transferred    to Finished...