Question

On March 1, 2019, Baltimore Company's beginning work in process inventory had 8,000 units. This is...

On March 1, 2019, Baltimore Company's beginning work in process inventory had 8,000 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials at the beginning of the production process. During March, a total of 28,000 units were started and the ending WIP inventory had 10,200 units which were 60% complete as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs. (Round answer to the nearest whole number of units)

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1
Conversion
Equivalent Units             31,920
Baltimore Company's
Production Cost Report
Working Note 1:
Actual Units
Calculation of Physical UNITS:
Units in beginning inventory              8,000
Units started during the period            28,000
Units to be accounted for            36,000
Actual Units Equivalent Units
Conversion
Units Completed and Transferred 25800 25800
Units in ending inventory 10200 6120
Total accounted for 36000 31920
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,000 units. This is...
On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,000 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials at the beginning of the production process. During March, a total of 26,800 units were started and the ending WIP inventory had 9,400 units which were 60% complete as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019...
On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,000 units. This is...
On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,000 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials at the beginning of the production process.  During March, a total of 23,400 units were started and the ending WIP inventory had 7,000 units which were 60% complete as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the...
On March 1, 2019, Baltimore Company's beginning work in process inventory had 7,500 units. This is...
On March 1, 2019, Baltimore Company's beginning work in process inventory had 7,500 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials at the beginning of the production process.  During March, a total of 20,200 units were started and the ending WIP inventory had 9,000 units which were 60% complete as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the...
March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its...
March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Alpha introduces direct materials at the beginning of the production process. During March, a total of 16,000 units were started and a total of 20,000 units were completed. Alpha's ending WIP inventory had 4,000 units which were 70% complete as to conversion costs. Alpha uses the weighted average method. Use this...
1) Bethesda Company's April 1, 2019 beginning work in process was 550 units. During April an...
1) Bethesda Company's April 1, 2019 beginning work in process was 550 units. During April an additional 2,300 units were put into production. At the end of April all units were completed except for 525 units. Use this information to determine number of units completed. 2) On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,500 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials...
On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All...
On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month 28,000 units were started. At the end of the month all started units were 75% complete with respect to conversion. Direct Materials placed into production had a total cost of $435,000 and the total conversion cost for the month was $498,000. Annapolis uses...
On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All...
On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month 36,000 units were started. At the end of the month all started units were 65% complete with respect to conversion. Direct Materials placed into production had a total cost of $415,000 and the total conversion cost for the month was $338,000. Annapolis uses...
Dorchester Company, on March 1, 2019 has a beginning Work in Process inventory of zero. All...
Dorchester Company, on March 1, 2019 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Dorchester started into production 15,500 units. At the end of the month there were 11,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 50% complete with respect to conversion. For the month of March the following costs were...
Dorchester Company, on March 1, 2019 has a beginning Work in Process inventory of zero. All...
Dorchester Company, on March 1, 2019 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Dorchester started into production 16,500 units. At the end of the month there were 13,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 70% complete with respect to conversion. For the month of March the following costs were...
Dorchester Company, on March 1, 2019 has a beginning Work in Process inventory of zero. All...
Dorchester Company, on March 1, 2019 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Dorchester started into production 15,500 units. At the end of the month there were 10,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 70% complete with respect to conversion. For the month of March the following costs were...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT