Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 5,400 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 69,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 35,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month? Multiple Choice 99,100 60,900 57120 39,900

Mullins Corporation uses the first-in, first-out 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 $ 11,500 Conversion costs $ 22,200 Percent complete with respect to materials 75% Percent complete with respect to conversion 65% Units started into production during the month 8,600 Units transferred to the next department during the month 7,800 Materials costs added during the month $ 159,300 Conversion costs added during the month $ 348,500 Ending work in process inventory:   Units in ending work in process inventory 1,500 Percent complete with respect to materials 65% Percent complete with respect to conversion 50% The cost of ending work in process inventory in the first processing department according to the company’s cost system is closest to:

Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2,000 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $8,800. During the period, 8,000 units were completed and transferred on to the next department. The costs per equivalent unit for the period were $4.00 for material and $5.00 for conversion costs. The cost of units transferred out during the month was: Multiple Choice   A. $40,000   B. $63,200   C. $72,000   D. $80,800

Jublot 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   600   Materials costs $ 7,300   Conversion costs $ 2,300   Percent complete with respect to materials   50 % Percent complete with respect to conversion   10 % Units started into production during the month   9,400   Units transferred to the next department during the month   8,600   Materials costs added during the month $ 196,300   Conversion costs added during the month $ 315,800   Ending work in process inventory:       Units in ending work in process inventory   1,400   Percent complete with respect to materials   70 % Percent complete with respect to conversion   40 %  The cost per equivalent unit for conversion costs for the first department for the month is closest to: $21.76…

Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 12,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $39,400. A total of 42,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $2.40 for materials and $4.50 for conversion costs. The total cost of the units completed and transferred out of the department was: a. b. C. d. $250,200 $289,800 $250,400 $189,000

Georgia Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 500 units. The costs and percentage completion of these units in beginning inventory were:   cost percent complete materials costs $8,400 65% conversion costs $13,700 55% A total of 6,400 units were started and 5,800 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  $142,100 Conversion costs $271,000 The ending inventory was 85% complete with respect to materials and 50% complete with respect to conversion costs. What are the equivalent units for materials for the month in the first processing department? 935   6,735   6,900   5,800

Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process Inventory In Its Painting Department consisted of 3,400 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process Inventory in the department was recorded as $10,200. During the period, 9,400 units were completed and transferred on to the next department. The costs per equivalent unit for the period were $5.40 for material and $6.40 for conversion costs. The cost of units transferred out during the month was: Multiple Choice $83,600 О $110,920 $66,000 $60,160

Eastern Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 600 units. The costs and percentage completion of these units in beginning inventory were:   cost Percent complete Materials costs $3,900 65% Conversion costs $10,200 35% A total of 5,700 units were started and 4,700 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 $44,800 Conversion costs $206,900 The ending inventory was 75% complete with respect to materials and 20% complete with respect to conversion costs. What are the equivalent units for conversion costs for the month in the first processing department? 5,020   6,300   4,700   320

Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,550 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,920. An additional 90,100 units were started into production during the month and 93,100 units were completed in the Welding Department and transferred to the next processing department. There were 14,550 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $203,500 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to: Multiple Choice A. $2.020 B. $2.255 C. $1.991 D. $2.329

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: Materials costs Conversion costs Materials costs Conversion costs 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: Multiple Choice Cost $ 10,600 $ 12,800 8,350 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 mon in the first processing department? 7.400 Percent Complete 65% 30% Cost $ 142,100 $ 359,500