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99. The following information relates to the Assembly Department of Jataca Corporation for
the month of November. Jataca uses a weighted-average process costing system. All materials at
Jataca are added at the beginning of the production process.
Units Percent Complete Conversion Costs
Work in process, November 1 4,000 40%
Units started into production 317,000
Work in process, November 30 10,000 90%
On November 1, the work in process inventory account contained $6,400 of material cost and
$4,400 of conversion cost. Cost per equivalent unit for November was $1.50 for materials and
$2.80 for conversion costs.
What total amount of cost should be assigned to the units transferred out during November?
100. The following information relates to the Assembly Department of Jataca Corporation for
the month of November. Jataca uses a weighted-average process costing system. All materials at
Jataca are added at the beginning of the production process.
Units Percent Complete Conversion Costs
Work in process, November 1 4,000 40%
Units started into production 317,000
Work in process, November 30 10,000 90%
On November 1, the work in process inventory account contained $6,400 of material cost and
$4,400 of conversion cost. Cost per equivalent unit for November was $1.50 for materials and
$2.80 for conversion costs.
What total amount of cost should be assigned to the units in work in process on November 30?
101. In September, one of the processing departments at Wielgus Corporation had beginning
work in process inventory of $27,000 and ending work in process inventory of $10,000. During the
month, $296,000 of costs were added to production.
In the department's cost reconciliation report for September, the cost of units transferred out of
the department would be:
102. In September, one of the processing departments at Wielgus Corporation had beginning
work in process inventory of $27,000 and ending work in process inventory of $10,000. During the
month, $296,000 of costs were added to production.
In the department's cost reconciliation report for September, the total cost to be accounted for
would be:
103. In December, one of the processing departments at Rumsey Corporation had ending work
in process inventory of $21,000. During the month, $110,000 of costs were added to production
and the cost of units transferred out from the department was $99,000.
In the department's cost reconciliation report for January, the cost of beginning work in process
inventory for the department would be:
104. In December, one of the processing departments at Rumsey Corporation had ending work
in process inventory of $21,000. During the month, $110,000 of costs were added to production
and the cost of units transferred out from the department was $99,000.
In the department's cost reconciliation report for December, the total cost accounted for would
be:
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105. Zhang Corporation uses process costing. A number of transactions that occurred in June
are listed below.
(1) Raw materials that cost $41,700 are withdrawn from the storeroom for use in the Mixing
Department. All of these raw materials are classified as direct materials.
(2) Direct labor costs of $47,700 are incurred, but not yet paid, in the Mixing Department.
(3) Manufacturing overhead of $56,900 is applied in the Mixing Department using the
department's predetermined overhead rate.
(4) Units with a carrying cost of $128,300 finish processing in the Mixing Department and are
transferred to the Drying Department for further processing.
(5) Units with a carrying cost of $133,800 finish processing in the Drying Department, the final
step in the production process, and are transferred to the finished goods warehouse.
(6) Finished goods with a carrying cost of $129,200 are sold.
Required:
Prepare journal entries for each of the transactions listed above.
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106. During February, the following transactions were recorded at Cuenca Corporation. The
company uses process costing.
(1) Raw materials that cost $38,300 are withdrawn from the storeroom for use in the Assembly
Department. All of these raw materials are classified as direct materials.
(2) Direct labor costs of $21,700 are incurred, but not yet paid, in the Assembly Department.
(3) Manufacturing overhead of $45,200 is applied in the Assembly Department using the
department's predetermined overhead rate.
(4) Units with a carrying cost of $86,500 finish processing in the Assembly Department and are
transferred to the Painting Department for further processing.
(5) Units with a carrying cost of $109,100 finish processing in the Painting Department, the final
step in the production process, and are transferred to the finished goods warehouse.
(6) Finished goods with a carrying cost of $106,100 are sold.
Required:
Prepare journal entries for each of the transactions listed above.
107. Lagana Corporation uses process costing. The following data pertain to its Assembly
Department for February.
Units in process, February 1: materials 75% complete, conversion 60% complete 700
Units started into production during February 5,900
Units completed and transferred to the next department 4,900
Units in process, February 28: materials 50% complete, conversion 15% complete 1,700
Required:
Determine the equivalent units of production for the Assembly Department for February using
the weighted-average method.
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108. Carver Inc. uses the weighted-average method in its process costing system. The
following data concern the operations of the company's first processing department for a recent
month.
Work in process, beginning:
Units in process 700
Percent complete with respect to materials 50%
Percent complete with respect to conversion 40%
Units started into production during the month 23,000
Work in process, ending:
Units in process 200
Percent complete with respect to materials 80%
Percent complete with respect to conversion 40%
Required:
Using the weighted-average method, determine the equivalent units of production for materials
and conversion costs.
109. Jordon Corporation uses the weighted-average method in its process costing. The
following data pertain to its Materials Preparation Department for November.
Units in process, November 1: materials 80% complete, conversion 25% complete 800
Units started into production during November 6,300
Units completed and transferred to the next department 5,100
Units in process, November 30: materials 80% complete, conversion 25% complete 2,000
Required:
Determine the equivalent units of production for the Materials Preparation Department for
November using the weighted-average method.
110. Chargualaf Corporation uses the weighted-average method in its process costing. The
following data pertain to its Assembly Department for September.
Percent Complete
Units Materials Conversion
Work in process, September 1 400 60% 30%
Units started into production during September 9,100
Units completed during September and transferred to the next department 8,600
Work in process, September 30 900 85% 25%
Required:
Compute the equivalent units of production for both materials and conversion costs for the
Assembly Department for September using the weighted-average method.
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111. The following data have been provided by Allton Corporation, which uses the weighted-
average method in its process costing. The data are for the company's Shaping Department for
October.
Percent Complete
Units Materials Conversion
Work in process, October 1 200 65% 45%
Units started into production during October 7,800
Units completed during October and transferred to the next department 7,500
Work in process, October 31 500 65% 45%
Required:
Compute the equivalent units of production for both materials and conversion costs for the
Shaping Department for October using the weighted-average method.
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112. Barker Inc. uses the weighted-average method in its process costing system. The
following data concern the operations of the company's first processing department for a recent
month.
Work in process, beginning:
Units in process 800
Percent complete with respect to materials 50%
Percent complete with respect to conversion 20%
Costs in the beginning inventory:
Materials cost $2,440
Conversion cost $4,928
Units started into production during the month 15,000
Units completed and transferred out 15,600
Costs added to production during the month:
Materials cost $96,470
Conversion cost $476,362
Work in process, ending:
Units in process 200
Percent complete with respect to materials 50%
Percent complete with respect to conversion 90%
Required:
Using the weighted-average method:
a. Determine the equivalent units of production for materials and conversion costs.
b. Determine the cost per equivalent unit for materials and conversion costs.
c. Determine the cost of units transferred out of the department during the month.
d. Determine the cost of ending work in process inventory in the department.
