Accounting Chapter 4 6 data concerning the first processing department for the most recent

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subject Authors Eric Noreen, Peter Brewer, Ray Garrison

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79. Kuzuck 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 200
Materials costs $4,800
Conversion costs $2,200
Percent complete with respect to materials 80%
Percent complete with respect to conversion 35%
Units started into production during the month 9,400
Units transferred to the next department during the month 9,000
Materials costs added during the month $255,500
Conversion costs added during the month $280,700
Ending work in process inventory:
Units in ending work in process inventory 600
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 total cost transferred from the first processing department to the next processing
department during the month is closest to:
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80. Kuzuck 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 200
Materials costs $4,800
Conversion costs $2,200
Percent complete with respect to materials 80%
Percent complete with respect to conversion 35%
Units started into production during the month 9,400
Units transferred to the next department during the month 9,000
Materials costs added during the month $255,500
Conversion costs added during the month $280,700
Ending work in process inventory:
Units in ending work in process inventory 600
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 of ending work in process inventory in the first processing department according to the
company's cost system is closest to:
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81. Hache 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 700
Materials costs $8,000
Conversion costs $7,800
Percent complete with respect to materials 50%
Percent complete with respect to conversion 35%
Units started into production during the month 5,200
Units transferred to the next department during the month 4,400
Materials costs added during the month $90,300
Conversion costs added during the month $125,600
Ending work in process inventory:
Units in ending work in process inventory 1,500
Percent complete with respect to materials 50%
Percent complete with respect to conversion 30%
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 materials for the month in the first processing department?
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82. Hache 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 700
Materials costs $8,000
Conversion costs $7,800
Percent complete with respect to materials 50%
Percent complete with respect to conversion 35%
Units started into production during the month 5,200
Units transferred to the next department during the month 4,400
Materials costs added during the month $90,300
Conversion costs added during the month $125,600
Ending work in process inventory:
Units in ending work in process inventory 1,500
Percent complete with respect to materials 50%
Percent complete with respect to conversion 30%
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?
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83. Hache 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 700
Materials costs $8,000
Conversion costs $7,800
Percent complete with respect to materials 50%
Percent complete with respect to conversion 35%
Units started into production during the month 5,200
Units transferred to the next department during the month 4,400
Materials costs added during the month $90,300
Conversion costs added during the month $125,600
Ending work in process inventory:
Units in ending work in process inventory 1,500
Percent complete with respect to materials 50%
Percent complete with respect to conversion 30%
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:
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84. Hache 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 700
Materials costs $8,000
Conversion costs $7,800
Percent complete with respect to materials 50%
Percent complete with respect to conversion 35%
Units started into production during the month 5,200
Units transferred to the next department during the month 4,400
Materials costs added during the month $90,300
Conversion costs added during the month $125,600
Ending work in process inventory:
Units in ending work in process inventory 1,500
Percent complete with respect to materials 50%
Percent complete with respect to conversion 30%
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:
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85. Hache 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 700
Materials costs $8,000
Conversion costs $7,800
Percent complete with respect to materials 50%
Percent complete with respect to conversion 35%
Units started into production during the month 5,200
Units transferred to the next department during the month 4,400
Materials costs added during the month $90,300
Conversion costs added during the month $125,600
Ending work in process inventory:
Units in ending work in process inventory 1,500
Percent complete with respect to materials 50%
Percent complete with respect to conversion 30%
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 total cost transferred from the first processing department to the next processing
department during the month is closest to:
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86. Hache 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 700
Materials costs $8,000
Conversion costs $7,800
Percent complete with respect to materials 50%
Percent complete with respect to conversion 35%
Units started into production during the month 5,200
Units transferred to the next department during the month 4,400
Materials costs added during the month $90,300
Conversion costs added during the month $125,600
Ending work in process inventory:
Units in ending work in process inventory 1,500
Percent complete with respect to materials 50%
Percent complete with respect to conversion 30%
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 of ending work in process inventory in the first processing department according to the
company's cost system is closest to:
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87. Carmon Corporation uses the weighted-average method in its process costing system.
This month, the beginning inventory in the first processing department consisted of 700 units.
The costs and percentage completion of these units in beginning inventory were:
Cost Percent Complete
Materials costs $16,400 85%
Conversion costs $9,200 60%
A total of 7,900 units were started and 6,900 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 $171,500
Conversion costs $137,100
The ending inventory was 70% complete with respect to materials and 35% 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?
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88. Carmon Corporation uses the weighted-average method in its process costing system.
This month, the beginning inventory in the first processing department consisted of 700 units.
The costs and percentage completion of these units in beginning inventory were:
Cost Percent Complete
Materials costs $16,400 85%
Conversion costs $9,200 60%
A total of 7,900 units were started and 6,900 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 $171,500
Conversion costs $137,100
The ending inventory was 70% complete with respect to materials and 35% 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?
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