4-136
46.
Arizaga Corporation manufactures canoes in two departments, Fabrication and
Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe-
shaped aluminum frame. The canoes are then transferred to the Waterproofing
department to be coated with sealant. Arizaga uses a weighted-average process cost
system to collect costs in both departments.
All materials in the Fabrication Department are added at the beginning of the production
process. On July 1, the Fabrication Department had 320 canoes in process that were 20%
complete with respect to conversion cost. On July 31, Fabrication had 540 canoes in
process that were 30% complete with respect to conversion cost. During July, the
Fabrication Department completed 6,700 canoes and transferred them to the
Waterproofing Department.
What are the Fabrication Department’s equivalent units related to materials for July?
4-137
47.
Arizaga Corporation manufactures canoes in two departments, Fabrication and
Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe-
shaped aluminum frame. The canoes are then transferred to the Waterproofing
department to be coated with sealant. Arizaga uses a weighted-average process cost
system to collect costs in both departments.
All materials in the Fabrication Department are added at the beginning of the production
process. On July 1, the Fabrication Department had 320 canoes in process that were 20%
complete with respect to conversion cost. On July 31, Fabrication had 540 canoes in
process that were 30% complete with respect to conversion cost. During July, the
Fabrication Department completed 6,700 canoes and transferred them to the
Waterproofing Department.
What are the Fabrication Department’s equivalent units related to conversion costs for
July?
4-138
48.
Arizaga Corporation manufactures canoes in two departments, Fabrication and
Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe-
shaped aluminum frame. The canoes are then transferred to the Waterproofing
department to be coated with sealant. Arizaga uses a weighted-average process cost
system to collect costs in both departments.
All materials in the Fabrication Department are added at the beginning of the production
process. On July 1, the Fabrication Department had 320 canoes in process that were 20%
complete with respect to conversion cost. On July 31, Fabrication had 540 canoes in
process that were 30% complete with respect to conversion cost. During July, the
Fabrication Department completed 6,700 canoes and transferred them to the
Waterproofing Department.
What journal entry should Arizaga make to record the completion of the production
process by the Waterproofing Department?
A)
XXX
XXX
B)
XXX
XXX
C)
XXX
XXX
D)
XXX
XXX
XXX
4-139
49.
The following information relates to the Blending Department of Kedakai Products
Corporation for the month of May. Kedakai uses a weighted-average process costing
system.
Work in process, beginning (May 1):
Units in process
30,000
Percent complete with respect to materials
100%
Percent complete with respect to conversion
10%
Units completed and transferred out during May
290,000
Work in process, ending (May 31):
Units in process
17,000
Percent complete with respect to materials
100%
Percent complete with respect to conversion
80%
What are the Blending Department’s equivalent units related to materials for May?
Units transferred to the next department
Ending work in process inventory:
Materials: 17,000 units × 100%
Conversion: 17,000 units × 80%
Equivalent units of production
4-141
50.
The following information relates to the Blending Department of Kedakai Products
Corporation for the month of May. Kedakai uses a weighted-average process costing
system.
Work in process, beginning (May 1):
Units in process
30,000
Percent complete with respect to materials
100%
Percent complete with respect to conversion
10%
Units completed and transferred out during May
290,000
Work in process, ending (May 31):
Units in process
17,000
Percent complete with respect to materials
100%
Percent complete with respect to conversion
80%
What are the Blending Department’s equivalent units related to conversion costs for May?
Units transferred to the next department
Ending work in process inventory:
Materials: 17,000 units × 100%
Conversion: 17,000 units × 80%
Equivalent units of production
4-143
4-144
51.
Jublot Corporation uses the weighted-average method in its process costing system. Data
concerning the first processing department for the most recent month are listed below:
Beginning work in process inventory:
Units in beginning work in process
inventory
900
Materials costs
$11,200
Conversion costs
$9,800
Percent complete with respect to
materials
60%
Percent complete with respect to
conversion
40%
Units started into production during
the month
7,100
Units transferred to the next
department during the month
6,000
Materials costs added during the
month
$115,800
Conversion costs added during the
month
$145,800
Ending work in process inventory:
Units in ending work in process
inventory
2,000
Percent complete with respect to
materials
55%
Percent complete with respect to
conversion
35%
Note: Your answers may differ from those offered below due to rounding error. In all
cases, select the answer that is the closest to the answer you computed. To reduce
rounding error, carry out all computations to at least three decimal places.
The cost per equivalent unit for materials for the month in the first processing department
is closest to:
4-146
52.
Jublot Corporation uses the weighted-average method in its process costing system. Data
concerning the first processing department for the most recent month are listed below:
Beginning work in process inventory:
Units in beginning work in process inventory
900
Materials costs
$11,200
Conversion costs
$9,800
Percent complete with respect to materials
60%
Percent complete with respect to conversion
40%
Units started into production during the month
7,100
Units transferred to the next department during the month
6,000
Materials costs added during the month
$115,800
Conversion costs added during the month
$145,800
Ending work in process inventory:
Units in ending work in process inventory
2,000
Percent complete with respect to materials
55%
Percent complete with respect to conversion
35%
Units transferred to the next department
Note: Your answers may differ from those offered below due to rounding error. In all
cases, select the answer that is the closest to the answer you computed. To reduce
rounding error, carry out all computations to at least three decimal places.
The cost per equivalent unit for conversion costs for the first department for the month is
closest to:
4-147
4-148
53.
Dodd Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 400 units.
The costs and percentage completion of these units in beginning inventory were:
Cost
Percent Complete
Materials costs
$7,500
75%
Conversion costs
$4,000
45%
A total of 5,400 units were started and 4,700 units were transferred to the second
processing department during the month. The following costs were incurred in the first
processing department during the month:
Materials costs
$112,900
Conversion costs
$93,900
The ending inventory was 85% complete with respect to materials and 30% complete with
respect to conversion costs.
Note: Your answers may differ from those offered below due to rounding error. In all
cases, select the answer that is the closest to the answer you computed. To reduce
rounding error, carry out all computations to at least three decimal places.
How many units are in ending work in process inventory in the first processing
department at the end of the month?
4-149
4-150
54.
Dodd Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 400 units.
The costs and percentage completion of these units in beginning inventory were:
Cost
Percent Complete
Materials costs
$7,500
75%
Conversion costs
$4,000
45%
A total of 5,400 units were started and 4,700 units were transferred to the second
processing department during the month. The following costs were incurred in the first
processing department during the month:
Materials costs
$112,900
Conversion costs
$93,900
The ending inventory was 85% complete with respect to materials and 30% complete with
respect to conversion costs.
Note: Your answers may differ from those offered below due to rounding error. In all
cases, select the answer that is the closest to the answer you computed. To reduce
rounding error, carry out all computations to at least three decimal places.
What are the equivalent units for conversion costs for the month in the first processing
department?
4-151
4-152
55.
Dodd Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 400 units.
The costs and percentage completion of these units in beginning inventory were:
Cost
Percent Complete
Materials costs
$7,500
75%
Conversion costs
$4,000
45%
A total of 5,400 units were started and 4,700 units were transferred to the second
processing department during the month. The following costs were incurred in the first
processing department during the month:
Materials costs
$112,900
Conversion costs
$93,900
The ending inventory was 85% complete with respect to materials and 30% complete with
respect to conversion costs.
Note: Your answers may differ from those offered below due to rounding error. In all
cases, select the answer that is the closest to the answer you computed. To reduce
rounding error, carry out all computations to at least three decimal places.
The cost per equivalent unit for materials for the month in the first processing department
is closest to:
4-153
4-154
56.
Ibarra Corporation uses the weighted-average method in its process costing system. Data
concerning the first processing department for the most recent month are listed below:
Beginning work in process inventory:
Units in beginning work in process
inventory
800
Materials costs
$7,700
Conversion costs
$3,500
Percent complete with respect to
materials
60%
Percent complete with respect to
conversion
10%
Units started into production during
the month
7,800
Units transferred to the next
department during the month
6,800
Materials costs added during the
month
$101,100
Conversion costs added during the
month
$271,100
Ending work in process inventory:
Units in ending work in process
inventory
1,800
Percent complete with respect to
materials
80%
Percent complete with respect to
conversion
15%
Note: Your answers may differ from those offered below due to rounding error. In all
cases, select the answer that is the closest to the answer you computed. To reduce
rounding error, carry out all computations to at least three decimal places.
What are the equivalent units for conversion costs for the month in the first processing
department?
4-155