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142
119) Bayas Corporation uses process costing. A number of transactions that occurred in June are
listed below.
(1) Raw materials that cost $39,800 are withdrawn from the storeroom for use in the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 $16,100 are incurred, but not yet paid, in the Mixing
Department.
(3) Manufacturing overhead of $45,700 is applied in the Mixing Department using the
department's predetermined overhead rate.
(4) Units with a carrying cost of $87,600 finish processing in the Mixing Department and
are transferred to the Drying Department for further processing.
(5) Units with a carrying cost of $111,300 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 $98,200 are sold.
Required:
Prepare journal entries for each of the transactions listed above.
120) Cadot 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
400
Percent complete with respect to materials
90
%
Percent complete with respect to conversion
70
%
Units started into production during the month
18,000
Work in process, ending:
Units in process
600
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.
121) Greenham 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 75% complete, conversion 60% complete
400
Units started into production during November
6,800
Units completed and transferred to the next department
6,300
Units in process, November 30: materials 55% complete, conversion 10% complete
900
Required:
Determine the equivalent units of production for the Materials Preparation Department for
November using the weighted-average method.
122) Poirrier Corporation uses process costing. The following data pertain to its Assembly
Department for February.
Units in process, February 1: materials 75% complete, conversion 30%
complete
700
Units started into production during February
5,500
Units completed and transferred to the next department
4,600
Units in process, February 28: materials 85% complete, conversion 65%
complete
1,600
Required:
Determine the equivalent units of production for the Assembly Department for February using
the weighted-average method.
123) The following data have been provided by Cutts 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
300
50
%
10
%
Units started into production during October
5,200
Units completed during October and transferred to the
next department
4,800
Work in process, October 31
700
50
%
40
%
Required:
Compute the equivalent units of production for both materials and conversion costs for the
Shaping Department for October using the weighted-average method.
124) Mccabe 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
800
55
%
10
%
Units started into production during September
8,200
Units completed during September and transferred to
the next department
7,300
Work in process, September 30
1,700
75
%
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.
149
125) Bachelet 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
400
Percent complete with respect to materials
90
%
Percent complete with respect to conversion
40
%
Costs in the beginning inventory:
Materials cost
$
756
Conversion cost
$
4,448
Units started into production during the month
13,000
Units completed and transferred out
13,000
Costs added to production during the month:
Materials cost
$
29,949
Conversion cost
$
362,127
Work in process, ending:
Units in process
100
Percent complete with respect to materials
50
%
Percent complete with respect to conversion
30
%
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.
126) Miller Corporation manufactures a product for which materials are added at the beginning
of the manufacturing process. A review of the company's inventory and cost records for the most
recently completed year revealed the following information:
Units
Materials
Conversion
Work in process, Jan. 1
(80% complete with respect to conversion
costs)
100,000
$100,000
$157,500
Units started into production
500,000
Costs added during the year
$650,000
$997,500
Units completed during the year
450,000
The company uses the weighted-average cost method in its process costing system. The ending
inventory is 50% complete with respect to conversion costs.
Required:
a. Compute the equivalent units of production and the cost per equivalent units for materials and
for conversion costs.
b. Determine the cost transferred to finished goods.
c. Determine the amount of cost that should be assigned to the ending work in process inventory.
127) Whiston Corporation uses the weighted-average method in its process costing system. The
following data were taken from the records of the first processing department for a recent month.
Work in process, beginning:
Units in process
40
Percent complete with respect to materials
60%
Percent complete with respect to conversion
50%
Costs in the beginning inventory:
Materials cost
$6,200
Conversion cost
$16,300
Units started into production during the month
190
Costs added to production during the month:
Materials cost
$42,390
Conversion cost
$136,340
Work in process, ending:
Units in process
30
Percent complete with respect to materials
50%
Percent complete with respect to conversion
40%
Required:
a. How many units were transferred to the next department during the month?
b. What were the equivalent units of production for materials and for conversion costs for the
month?
c. What were the costs per equivalent unit of production for materials and for conversion costs
for the month?
d. What was the cost of the ending work in process inventory in the department at the end of the
month?
e. What was the cost of the units completed and transferred to the next department during the
month?
