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Question;211. Camelin;Inc. uses the weighted-average method in its process costing system. The;following data concern the operations of the company's first processing;department for a recent month.;Work in;process, beginning;Units;in process 600;Percent;complete with respect to materials 60%;Percent;complete with respect to conversion 70%;Units;started into production during the month 20,000;Work in;process, ending;Units;in process 800;Percent;complete with respect to materials 80%;Percent;complete with respect to conversion 50%;Required: Using the weighted-average method, determine;the equivalent units of production for materials and conversion costs.;212. Poirrier Corporation uses process;costing. The following data pertain to its Assembly Department for May.;Units;in process, May 1: materials 75% complete, conversion 30% complete 700;Units;started into production during May 5,500;Units;completed and transferred to the next department 4,600;Units;in process, May 31: materials 85% complete, conversion 65% complete 1,600;Required: Determine the equivalent units of production;for the Assembly Department for May using the weighted-average method.;213. Greenham Corporation uses the;weighted-average method in its process costing. The following data pertain to its;Materials Preparation Department for March.;Units;in process, March 1: materials 75% complete, conversion 60% complete 400;Units;started into production during March 6,800;Units;completed and transferred to the next department 6,300;Units;in process, March 31: materials 55% complete, conversion 10% complete 900;Required: Determine the equivalent units of production;for the Materials Preparation Department for March using the weighted-average;method.;214. Jahncke Inc. uses the weighted-average;method in its processing costing. The following data concern the company's;Assembly Department for the month of April.;Materials Conversion;Work in;process, April 1 $3,600 $1,902;Cost;added to production in the Assembly Department during April $103,882 $278,010;Equivalent;units of production for April 8,810 8,720;Required: Compute the costs per equivalent unit for the;Assembly Department for April.;215. Holling Inc. uses the weighted-average;method in its processing costing. The following data concern the company's;Mixing Department for the month of December.;Materials Conversion;Work in;process, December 1 $7,530 $8,528;Cost;added to production in the Mixing Department during December $225,900 $283,632;Equivalent;units of production for December 9,300 8,800;Required: Compute the cost per equivalent unit for;materials and conversion for the Mixing Department in December.;216. Hutchcroft Corporation uses the;weighted-average method in its processing costing. The following data concern;the company's Assembly Department for the month of December.;Materials Conversion;Cost;per equivalent unit $24.30 $27.10;Equivalent;units in ending work in process 630 225;During;the month, 6,200 units were completed and transferred from the Assembly;Department to the next department.;Required: Determine the cost of ending work in process;inventory and the cost of units transferred out of the department during;December using the weighted-average method.;217. Lorona Inc. has provided the following;data concerning the Assembly Department for the month of June. The company uses;the weighted-average method in its processing costing.;Materials Conversion;Cost;per equivalent unit $8.10 $28.50;Equivalent;units in ending work in process 1,330 1,235;During;the month, 7,400 units were completed and transferred from the Assembly;Department to the next department.;Required: Determine the cost of ending work in process;inventory and the cost of units transferred out of the department during June;using the weighted-average method.;218. Dalsace Inc. uses the FIFO method in its;process costing system. The following data concern the operations of the;company's first processing department for a recent month.;Work in;process, beginning;Units;in process 400;Percent;complete with respect to materials 60%;Percent;complete with respect to conversion 40%;Costs;in the beginning inventory;Materials;cost $1,944;Conversion;cost $4,512;Units;started into production during the month 15,000;Units;completed and transferred out 14,500;Costs;added to production during the month;Materials;cost $119,053;Conversion;cost $418,950;Work in;process, ending;Units;in process 900;Percent;complete with respect to materials 90%;Percent;complete with respect to conversion 40%;Required: Using the FIFO method;a. Determine;the equivalent units of production for materials and conversion costs.;b. Determine;the cost per equivalent unit for materials and conversion costs.;c. Determine;the cost of ending work in process inventory.;d. Determine;the cost of units transferred out of the department during the month.;219. Engsbye Inc. uses the FIFO method in its;process costing system. The following data concern the operations of the;company's first processing department for a recent month.;Work in;process, beginning;Units;in process 200;Percent;complete with respect to materials 80%;Percent;complete with respect to conversion 10%;Costs;in the beginning inventory;Materials;cost $800;Conversion;cost $406;Units;started into production during the month 20,000;Units;completed and transferred out 20,000;Costs;added to production during the month;Materials;cost $96,000;Conversion;cost $413,648;Work in;process, ending;Units;in process 200;Percent;complete with respect to materials 80%;Percent;complete with respect to conversion 50%;Required: Using the FIFO method;a. Determine;the equivalent units of production for materials and conversion costs.;b. Determine;the cost per equivalent unit for materials and conversion costs.;c. Determine;the cost of ending work in process inventory.;d. Determine;the cost of units transferred out of the department during the month.;220. Lenning Corporation uses the FIFO method;in its process costing. The following data pertain to its Assembly Department;for July.;Percent;Complete;Units Materials Conversion;Work in;process, July 1 300 75% 10%;Units;started into production during July 6,100;Units;completed during July and transferred to the next department 5,600;Work in;process, July 31 800 90% 85%;Required: Compute the equivalent units of production;for both materials and conversion costs for the Assembly Department for July;using the FIFO method.;221. The following data pertain to the;Milling Department of Malmberg Corporation for June. The company uses the FIFO;method in its process costing.;Percent;Complete;Units Materials Conversion;Work in;process, June 1 800 80% 35%;Units;started into production during June 9,400;Units;completed during June and transferred to the next department 8,300;Work in;process, June 30 1,900 75% 40%;Required: Compute the equivalents units of production;for both materials and conversion costs for the Milling Department for June;using the FIFO method.;222. Fuchs Inc. uses the FIFO method in its;process costing system. The following data concern the operations of the;company's first processing department for a recent month.;Work in;process, beginning;Units;in process 800;Percent;complete with respect to materials 70%;Percent;complete with respect to conversion 10%;Units;started into production during the month 14,000;Work in;process, ending;Units;in process 800;Percent;complete with respect to materials 60%;Percent;complete with respect to conversion 40%;Required: Using the FIFO method, determine the;equivalent units of production for materials and conversion costs.

 

Paper#40300 | Written in 18-Jul-2015

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