160) During April, the production department of a process operations system completed and transferred
to finished goods 18,000 units that were in process at the beginning of April and 90,000 units that
were started and completed in April. April‘s beginning inventory units were 100% complete with
respect to materials and 40% complete with respect to labor. At the end of April, 30,000 additional
units were in process in the production department and were 100% complete with respect to
materials and 60% complete with respect to labor. The beginning inventory included materials cost
of $107,000 and the production department incurred direct materials cost of $329,000 during the
month. Compute the direct materials cost per equivalent unit for the department using the
weighted-average method.
A) $2.57. B) $4.03. C) $3.05. D) $3.16. E) $2.38.
161) During December, the production department of a process operations system completed and
transferred to finished goods a total of 65,000 units of product. At the end of March, 15,000
additional units were in process in the production department and were 80% complete with respect
to materials. The beginning inventory included materials cost of $57,500 and the production
department incurred direct materials cost of $183,000 during December. Compute the direct
materials cost per equivalent unit for the department using the weighted-average method.
A) $2.82. B) $2.38. C) $3.12. D) $4.79. E) $3.70.
162) During March, the production department of a process operations system completed and
transferred to finished goods 25,000 units that were in process at the beginning of March and
110,000 that were started and completed in March. March’s beginning inventory units were 100%
complete with respect to materials and 55% complete with respect to labor. At the end of March,
30,000 additional units were in process in the production department and were 100% complete
with respect to materials and 30% complete with respect to labor. The production department
incurred direct labor cost of $578,900 and its beginning inventory included labor cost of $54,700.
Compute the direct labor cost per equivalent unit for the department using the weighted-average
method.
A) $4.86. B) $4.28. C) $3.84. D) $4.40. E) $4.69.
163) During July, the production department of a process operations system completed and transferred
to finished goods 10,000 units that were in process at the beginning of July and 76,000 that were
started and completed in July. July’s beginning inventory units were 100% complete with respect to
materials and 30% complete with respect to labor. At the end of July, 15,000 additional units were
in process in the production department and were 100% complete with respect to materials and
25% complete with respect to labor. The beginning inventory included labor cost of $52,100 and
the production department incurred direct labor cost of $450,750 during July. Compute the direct
labor cost per equivalent unit for the department using the weighted-average method.
A) $1.72. B) $5.85. C) $0.84. D) $5.60. E) $5.02.
164) During January, the production department of a process operations system completed and
transferred to finished goods a total of 78,000 units. At the end of January, 9,000 additional units
were in process in the production department and were 65% complete with respect to labor. The
beginning inventory included labor cost of $37,100 and the production department incurred direct
labor cost of $294,300 during January. Compute the direct labor cost per equivalent unit for the
department using the weighted-average method.
A) $3.95. B) $6.34. C) $3.51. D) $4.25. E) $3.77.
197
165) Following is a partial process cost summary for Mitchell Manufacturing’s Canning Department.
Equivalent Units of Production
Units Completed and transferred out
Units in Ending Work in Process:
Direct Materials
50,000
Conversion
50,000
Direct Materials (15,000 * 100%)
15,000
Conversion (15,000 * 80%)
12,000
Equivalent Units of Production
65,000
62,000
Cost per Equivalent Unit
Costs of beginning work in process
$ 40,500
$ 59,700
Costs incurred this period 136,00
0
Total costs $ 176,50
0
Cost per equivalent unit $ 2.71 per
EUP
183,10
0
$ 242,80
0
$ 3.92 per
EUP
198
The total materials costs transferred out of the Canning Department equals:
A) $176,150. B) $176,500. C) $136,000. D) $196,000. E) $135,500.
166) Following is a partial process cost summary for Mitchell Manufacturing’s Canning Department.
Equivalent Units of Production
Units Completed and transferred out
Direct Materials
50,000
Conversion
50,000
Units in Ending Work in Process:
Direct Materials (15,000 * 100%)
15,000
Conversion (15,000 * 80%)
12,000
Equivalent Units of Production
65,000
62,000
Cost per Equivalent Unit
Costs of beginning work in process
$ 40,500
$ 59,700
Costs incurred this period 136,00
0
Total costs $ 176,50
0
Cost per equivalent unit $ 2.71 per
EUP
183,10
0
$ 242,80
0
$ 3.92 per
EUP
The total conversion costs transferred out of the Canning Department equals:
199
A) $176,150. B) $196,000. C) $243,040. D) $242,800. E) $183,100.
167) Following is a partial process cost summary for Mitchell Manufacturing’s Canning Department.
Equivalent Units of Production
Units Completed and transferred out
Units in Ending Work in Process:
Direct Materials
50,000
Conversion
50,000
Direct Materials (15,000 * 100%)
15,000
Conversion (15,000 * 80%)
12,000
Equivalent Units of Production
65,000
62,000
Cost per Equivalent Unit
Costs of beginning work in process
$ 40,500
$ 59,700
Costs incurred this period 136,00
0
Total costs $ 176,50
0
Cost per equivalent unit $ 2.71 per
EUP
183,10
0
$ 242,80
0
$ 3.92 per
EUP
If the units completed were transferred to the Labeling Department, what is the appropriate journal
entry to transfer the direct materials?
A) Work in Process—Labeling $135,500; Work in Process—Canning $135,500.
B) Finished Goods $136,000; Work in Process $136,000.
C) Work in Process—Labeling $176,500; Finished Goods—Canning $176,500.
D) Finished Goods—Labeling $135,500; Finished Goods—Canning $135,500.
E) Work in Process—Labeling $176,500; Work in Process—Canning $176,500.