A production department reports the following conversion costs. Equivalent units of production for conversion total 408, 000 units this period. Calculate the cost per equivalent unit of production for conversion. The company uses the weighted average method. Costs of beginning work in process  $1,037,500 Costs added this period 745,000

A production department reports the following conversion costs. Equivalent units of production for conversion total 478,000 units this period. Calculate the cost per equivalent unit of production for conversion. The company uses the weighted average method. Costs of beginning work in process $ 1,057,500 Costs added this period 775,000 Cost per equivalent unit of production-Weighted average Costs transferred out Cost of ending work in process Total costs + Equivalent units of production Cost per equivalent unit of production Conversion EUP per EUP Ch.

Equivalent Units of Production The Converting Department of Girders Company uses the weighted average cost (WAC) method and had 3,500 units in work in process that were 60% complete at the beginning of the period. During the period, 24,900 units were started and 25,200 units were completed and transferred to the Packing Department. There were 3,200 units in process that were 30% complete at the end of the period. a. Determine the number of units to be accounted for and to be assigned costs for the period. Whole Units Units to be accounted for Units to be assigned costs b. Determine the number of equivalent units production for the period. 27,000 X Feedback. 24,900 X 27,000 X Check My Work (a) Recall that the numberof units to be accounted for is the sum of the units in beginning work in process and the units started during the period. Also know that the number of units to be assigned costs s the sum of the units transferred to the Packing Department during the period and the ending…

Equivalent Units of Production The Converting Department of Worley Company had 840 units in work in process at the beginning of the period, which were 60% complete. During the period, 17,600 units were completed and transferred to the Packing Department. There were 960 units in process at the end of the period, which were 75% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Worley Company Number of Equivalent Units of Production Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total Whole Units Direct Materials Conversion Equivalent Units Equivalent Units

Cost per Equivalent Unit The cost of direct materials transferred into the Rolling Department of Jabari Company is $6,000,000. The conversion cost for the period in the Rolling Department is $925,200. The total equivalent units for direct materials and conversion are 16,000 tons and 15,420 tons, respectively. Determine the direct materials and conversion costs per equivalent unit. Direct materials cost per equivalent unit: $ Conversion cost per equivalent unit:: per ton per ton

Direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (50% for conversion) 28,400 units Units started 124,000 units Units completed and transferred out 107,000 units WIP ending (50% for conversion) 45,400 units Beginning WIP direct materials $53,200 Beginning WIP conversion costs $19,600 Costs of materials added $442,100 Costs of conversion added $304,650 (a) Compute the total equivalent units for direct materials.  (b) Compute the total equivalent units for conversion costs.

The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory (60% complete) on October 1.During October, 3,900 tons were completed. The ending work in process inventory on October 31 was 300 tons (25% complete). What are the totalequivalent units for conversion costs?

0 Cost per Equivalent Unit The cost of direct materials transferred into the Rolling Department of Oak Ridge Steel Company is $468,000. The conversion cost for the period in the Rolling Department is $280,250. The total equivalent units for direct materials and conversion are 2,600 tons and 4,750 tons, respectively. Determine the direct materials and conversion costs per equivalent unit. Direct materials cost per equivalent unit: Conversion cost per equivalent unit: per ton per ton

Cost per Equivalent Unit The cost of direct materials transferred into the Filling Department of Ivy Cosmetics Company is $187,380. The conversion cost for the period in the Filling Department is $50,400. The total equivalent units for direct materials and conversion are 69,400 ounces and 72,000 ounces, respectively. Determine the direct materials and conversion costs per equivalent unit. If required, round to the nearest cent. Direct materials cost per equivalent unit: $fill in the blank 1 per ounce Conversion costs per equivalent unit: $fill in the blank 2 per ounce

Cost Flows Through Jour The Mixing Department performs a series of processes in which a fluid chemical is concentrated. Records indicate that the Mixing Department has been charged with $128,000 of direct labor costs. The manufacturing overhead rate is 150% of direct labor costs. Beginning work in process was $448,000, and ending work in process totaled $68,000. One- half of this period's completed products is sold on account at a price equal to 160% of its cost. Prepare journal entries to record (1) various costs charged to the Mixing Department this period, (2) transfer of this period's completed product, and (3) sale of one-half of this period's production. (2) General Journal Ref. (1) Work in process-Mixing Department Wages payable To record direct labor costs. Work in process-Mixing Department Manufacturing overhead To record manufacturing overhead. Finished goods inventory Work in process-Mixing Department To record completed production Cost of goods sold (3) Description Finished…