Domingo 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: Percent Complete 50% Cost $ 5,700 $1,900 Materials conts Conversion conta 20% A total of 7,000 units were started and 6,300 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost $ 158,900 $ 120,600 Materiala costs Conversion costa The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. How many units are in ending work in process inventory in the first processing department at the end of the month?

Massey Corporation uses a process cost system and the weighted average cost flow method. Production begins in the Fabricating Department where materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. On March 1, the beginning work in process inventory consisted of 20,000 units which were 60% complete and had a cost of P190,000, P145,000 of which was materials cost. During March, the following occurred:      Materials added     P305,000      Conversion costs incurred     P120,000      Units completed and transferred out in March     50,000      Units in ending work in process March 31 (20% complete)     25,000 Instructions Answer the following questions and show the computations that support your answers. 1.     What are the equivalent units of production for materials costs in the Fabricating Department for the month of March? 2.     What are the costs assigned to the ending work in process inventory on March 31? 3.…

Mehboob Corporation uses the weighted-average method in its process costing system. The first processing department, the ‘Department A’, started in June with 20,000 units in its beginning work in process inventory that were 80% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was Rs. 122,716. An additional 65,000 units were started into production during June. There were 19,000 units in the ending work in process inventory of the ‘Department A’ that were 10% complete with respect to conversion costs. A total of Rs. 389,250 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:

Department X is the first stage of Sarena Solvents's production cycle. The following information is available for conversion costs for the month of December: Physical Units   Beginning work-in-process inventory (60% complete) 48,000 Started in December 533,000 Completed in December and transferred to Department Y 514,500 Ending work-in-process inventory (40% complete) 66,500 Using the FIFO method, the equivalent units for the conversion cost calculation are:   Multiple Choice 557,000. 521,000. 525,000. 539,000. None of the options are correct

Domingo Corporation uses the weighted-average method in its process costing system. The costs of these units in beginning inventory were: Materials costs Conversion costs A total of 6,700 units were completed and transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost $ 159,300 $ 121,000 Materials costs Conversion costs Cost $ 6,100 $ 2,300 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. The cost per equivalent unit for materials for the month in the first processing department is closest to: $19.14 $18.62 $20.31 $19.39

Sagar

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

Haffner 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   500   Materials costs $ 7,800   Conversion costs $ 9,100   Percent complete with respect to materials   85 % Percent complete with respect to conversion   55 % Units started into production during the month   7,000   Units transferred to the next department during the month   6,100   Materials costs added during the month $ 102,700   Conversion costs added during the month $ 184,000   Ending work in process inventory:       Units in ending work in process inventory   1,400   Percent complete with respect to materials   60 % Percent complete with respect to conversion   50 %  The total cost transferred from the first processing department to the next processing department during the…

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