Question
At the beginning of the month, the Painting Department of Skye Manufacturing had 22,000 units in...
At the beginning of the month, the Painting Department of Skye Manufacturing had 22,000 units in inventory, 70% complete as to materials, and 25% complete as to conversion. The cost of the beginning inventory, $30,650, consisted of $24,400 of material costs and $6,250 of conversion costs. During the month the department started 117,000 units and transferred 123,000 units to the next manufacturing department. Costs added in the current month consisted of $258,080 of materials costs and $540,910 of conversion costs. At the end of the month, the department had 16,000 units in inventory, 40% complete as to materials and 15% complete as to conversion. If Skye Manufacturing uses the weighted average method of process costing, compute the costs per equivalent unit of materials and conversion respectively for the Painting Department. A) $2.21; $4.28. B) $1.98; $4.28. C) $2.18; $4.36. D) $2.48; $4.56. E) $2.21; $4.40.
Homework Answers
Answer #1
Not the answer you're looking for?
Similar Questions
At the beginning of the month, the Forming Department of Martin Manufacturing had 10,000 units in...
At the beginning of the month, the Forming Department of Martin
Manufacturing had 10,000 units in inventory, 30% complete as to
materials, and 10% complete as to conversion. During the month the
department started 60,000 units and transferred 62,000 units to the
next manufacturing department. At the end of the month, the
department had 8,000 units in inventory, 80% complete as to
materials and 60% complete as to conversion. If Martin
Manufacturing uses the weighted average method of process costing,...
At the beginning of the month, the Forming Department of Martin Manufacturing had 10,000 units in...
At the beginning of the month, the Forming Department of Martin
Manufacturing had 10,000 units in inventory, 30% complete as to
materials, and 10% complete as to conversion. During the month the
department started 60,000 units and transferred 62,000 units to the
next manufacturing department. At the end of the month, the
department had 8,000 units in inventory, 80% complete as to
materials and 60% complete as to conversion. How many units did the
Forming Department start and complete in...
The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method...
The Fields Company has two manufacturing departments, forming
and painting. The company uses the weighted-average method of
process costing. At the beginning of the month, the forming
department has 37,000 units in inventory, 80% complete as to
materials and 20% complete as to conversion costs. The beginning
inventory cost of $84,100 consisted of $59,200 of direct materials
costs and $24,900 of conversion costs.
During the month, the forming department started 540,000 units. At
the end of the month, the forming...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of...
Fields Company has two manufacturing departments, forming and
painting. The company uses the weighted-average method of process
costing. At the beginning of the month, the forming department has
34,500 units in inventory, 80% complete as to materials and 20%
complete as to conversion costs. The beginning inventory cost of
$79,100 consisted of $56,200 of direct materials costs and $22,900
of conversion costs.
During the month, the forming department started 490,000 units. At
the end of the month, the forming department...
The Painting Department of Y Manufacturing Company has the following production and manufacturing cost data for...
The Painting Department of Y Manufacturing Company has the
following production and manufacturing cost data for October.
Production: Beginning inventory 8,000 units that are 100%
complete as to materials and 40% complete as to conversion costs;
units started into production 27,000; ending inventory of 12,000
units that are 20% complete as to conversion costs.
Manufacturing Costs: Beginning work in process inventory of
$40,000, comprised of $30,000 of materials and $10,000 of
conversion costs. Materials added during the month, $110,000; labor...
The Painting Department of Y Manufacturing Company has the following production and manufacturing cost data for...
The Painting Department of Y Manufacturing Company has the
following production and manufacturing cost data for October.
Production: Beginning inventory 8,000 units that are 100%
complete as to materials and 40% complete as to conversion costs;
units started into production 27,000; ending inventory of 12,000
units that are 20% complete as to conversion costs.
Manufacturing Costs: Beginning work in process inventory of
$40,000, comprised of $30,000 of materials and $10,000 of
conversion costs. Materials added during the month, $110,000; labor...
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of...
Fields Company has two manufacturing departments, forming and
painting. The company uses the weighted-average method of process
costing. At the beginning of the month, the forming department has
30,000 units in inventory, 60% complete as to materials and 40%
complete as to conversion costs. The beginning inventory cost of
$70,100 consisted of $50,800 of direct materials costs and $19,300
of conversion costs.
During the month, the forming department started 400,000 units. At
the end of the month, the forming department...
Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 12,100 units during...
Carlberg Company has two manufacturing departments, assembly and
painting. The assembly department started 12,100 units during
November. The following production activity unit and cost
information refers to the assembly department’s November production
activities.
Assembly Department
Units
Percent of Direct
Materials
Percent of
Conversion
Beginning work in process
3,500
60
%
40
%
Units transferred out
10,500
100
%
100
%
Ending work in process
5,100
80
%
30
%
Beginning work in process
inventory—Assembly dept
$
3,359 (consists of $1,902...
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...
Prince Marinades uses process costing. Its Mixing Department had a beginning inventory of 650 units that...
Prince Marinades uses process costing.
Its Mixing Department had a beginning inventory of 650 units that
had accumulated conversion costs of $16,486. During June, the
Mixing Department incurred conversion costs of $43,400 and started
21,900 new units. Ending inventory consisted of 700 units that were
40% complete with respect to conversion costs. Materials are added
at the beginning of the process. Calculate the cost per equivalent
unit for conversion costs in the Mixing Department for June.
ADVERTISEMENT
Need Online Homework Help?
Get Answers For Free
Most questions answered within 1 hours.
ADVERTISEMENT
Active Questions
asked 18 minutes ago
asked 31 minutes ago
asked 31 minutes ago
asked 36 minutes ago
asked 44 minutes ago
asked 53 minutes ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago
asked 2 hours ago
asked 2 hours ago
asked 2 hours ago