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83) Gunes Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
10,600
65%
Conversion costs
$
12,800
30%
A total of 8,500 units were started and 7,400 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
142,100
Conversion costs
$
359,500
The ending inventory was 50% complete with respect to materials and 35% complete with
respect to conversion costs.
How many units are in ending work in process inventory in the first processing department at the
end of the month?
A) 1,900
B) 1,100
C) 7,700
D) 900
84) Gunes Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
10,600
65%
Conversion costs
$
12,800
30%
A total of 8,500 units were started and 7,400 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
142,100
Conversion costs
$
359,500
The ending inventory was 50% complete with respect to materials and 35% complete with
respect to conversion costs.
What are the equivalent units for materials for the month in the first processing department?
A) 7,400
B) 9,300
C) 8,350
D) 950
85) Gunes Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
10,600
65%
Conversion costs
$
12,800
30%
A total of 8,500 units were started and 7,400 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
142,100
Conversion costs
$
359,500
The ending inventory was 50% complete with respect to materials and 35% complete with
respect to conversion costs.
What are the equivalent units for conversion costs for the month in the first processing
department?
A) 9,300
B) 8,065
C) 7,400
D) 665
86) Gunes Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
10,600
65%
Conversion costs
$
12,800
30%
A total of 8,500 units were started and 7,400 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
142,100
Conversion costs
$
359,500
The ending inventory was 50% complete with respect to materials and 35% complete with
respect to conversion costs.
The cost per equivalent unit for materials for the month in the first processing department is
closest to:
A) $18.29
B) $17.02
C) $16.42
D) $15.28
87) Gunes Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
10,600
65%
Conversion costs
$
12,800
30%
A total of 8,500 units were started and 7,400 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
142,100
Conversion costs
$
359,500
The ending inventory was 50% complete with respect to materials and 35% complete with
respect to conversion costs.
The cost per equivalent unit for conversion costs for the first department for the month is closest
to:
A) $40.03
B) $46.16
C) $44.58
D) $48.47
88) Gunes Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
10,600
65%
Conversion costs
$
12,800
30%
A total of 8,500 units were started and 7,400 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
142,100
Conversion costs
$
359,500
The ending inventory was 50% complete with respect to materials and 35% complete with
respect to conversion costs.
The total cost transferred from the first processing department to the next processing department
during the month is closest to:
A) $476,929
B) $599,376
C) $501,600
D) $525,000
89) Gunes Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
10,600
65%
Conversion costs
$
12,800
30%
A total of 8,500 units were started and 7,400 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
142,100
Conversion costs
$
359,500
The ending inventory was 50% complete with respect to materials and 35% complete with
respect to conversion costs.
The cost of ending work in process inventory in the first processing department according to the
company's cost system is closest to:
A) $61,227
B) $48,071
C) $42,859
D) $122,453
90) Bistrol Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
15,700
75%
Conversion costs
$
7,700
20%
A total of 8,400 units were started and 7,500 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
186,300
Conversion costs
$
329,800
The ending inventory was 70% complete with respect to materials and 60% complete with
respect to conversion costs.
How many units are in ending work in process inventory in the first processing department at the
end of the month?
A) 7,600
B) 900
C) 1,700
D) 1,200
91) Bistrol Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
15,700
75%
Conversion costs
$
7,700
20%
A total of 8,400 units were started and 7,500 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
186,300
Conversion costs
$
329,800
The ending inventory was 70% complete with respect to materials and 60% complete with
respect to conversion costs.
What are the equivalent units for conversion costs for the month in the first processing
department?
A) 9,200
B) 8,520
C) 7,500
D) 1,020
92) Bistrol Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
15,700
75%
Conversion costs
$
7,700
20%
A total of 8,400 units were started and 7,500 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
186,300
Conversion costs
$
329,800
The ending inventory was 70% complete with respect to materials and 60% complete with
respect to conversion costs.
The cost per equivalent unit for materials for the month in the first processing department is
closest to:
A) $21.44
B) $21.96
C) $20.25
D) $23.25
93) Bistrol Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
15,700
75%
Conversion costs
$
7,700
20%
A total of 8,400 units were started and 7,500 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
186,300
Conversion costs
$
329,800
The ending inventory was 70% complete with respect to materials and 60% complete with
respect to conversion costs.
The cost per equivalent unit for conversion costs for the first department for the month is closest
to:
A) $41.59
B) $38.71
C) $39.61
D) $36.68
94) Bistrol Corporation uses the weighted-average method in its process costing system. This
month, the beginning inventory in the first processing department consisted of 800 units. The
costs and percentage completion of these units in beginning inventory were:
Cost
Percent
Complete
Materials costs
$
15,700
75%
Conversion costs
$
7,700
20%
A total of 8,400 units were started and 7,500 units were transferred to the second processing
department during the month. The following costs were incurred in the first processing
department during the month:
Cost
Materials costs
$
186,300
Conversion costs
$
329,800
The ending inventory was 70% complete with respect to materials and 60% complete with
respect to conversion costs.
The total cost transferred from the first processing department to the next processing department
during the month is closest to:
A) $516,100
B) $471,435
C) $539,500
D) $578,294
