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4. Department R had 5,000 units in work in process...

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4. Department R had 5,000 units in work in process that were 75% completed as to labor and overhead at the beginning of the period, 30,000 units of direct materials were added during the period, 32,000 units were completed during the period, and 3,000 units were 40% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was: (Points: 3) 32,450 29,450 31,950 26,000 5. Department S had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900. The total conversion costs for the period were: (Points: 3) $59,400 $49,500 $143,400 $9,900 2. When job 711 was completed, direct materials totaled $4,000; direct labor, $4,600; and factory overhead $2,400, respectively. Untis produced totaled 1,000. Unit costs are: (Points: 3) $11,000 $1,100 $110 $11

 

Paper#3350 | Written in 18-Jul-2015

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