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45. In February, one of the processing departments at Manger Corporation had beginning
work in process inventory of $25,000 and ending work in process inventory of $34,000. During the
month, $290,000 of costs were added to production and the cost of units transferred out from the
department was $281,000. In the department's cost reconciliation report for February, the total
cost to be accounted for under the weighted-average method would be:
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?
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?
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) Raw Materials XXX
Work in Process - Waterproofing XXX
B) Manufacturing Overhead XXX
Work in Process - Waterproofing XXX
C) Finished Goods XXX
Work in Process - Waterproofing XXX
D) Finished Goods XXX
Work in Process - Fabrication XXX
Work in Process - Waterproofing XXX
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?
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?
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:
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%
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:
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?
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?
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:
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?
57. 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.
The cost per equivalent unit for materials for the month in the first processing department is
closest to:
