Holmes Products, Inc., produces plastic cases used for video cameras. The product passes through three departments. For April, the following equivalent units schedule was prepared for the first department:     Direct Materials   Conversion Costs Units completed     25,000       25,000   Units, ending work in process ×   Percentage complete:                 7,000 × 100%     7,000       —   7,000 × 50%     —       3,500   Equivalent units of output     32,000       28,500   Costs assigned to beginning work in process: direct materials, $80,000; conversion costs, $15,125. Manufacturing costs incurred during April: direct materials, $80,000; conversion costs, $220,000. Holmes uses the weighted average method. Required: 1. Compute the unit cost for April. If required, round your answer to the nearest cent. $fill in the blank 1 per equivalent unit 2. Determine the cost of ending work in process and the cost of goods transferred out. Cost of ending work in process $fill in the blank 2 Cost of goods transferred out $fill in the blank 3

Production Information shows the following costs and units for the smoothing department in August. Units Work in process Beginning balance: materials $1,550 Beginning units 640 Beginning balance: conversion 2,500 Transferred in 1,790 Materials Labor Overhead 7,135 All materials are added at the beginning of the period. The ending work in process is 20% complete as to conversion. What is the value of the inventory transferred to finished goods and the value of the WIP Inventory at the end of the month? Transferred out Cost Ending Inventory 6,955 Transferred out 1,810 14,540

Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weighted-average process costing method to account for costs of production in all three departments. The following information was obtained for the Fabricating Department for the month of September. Work in process on September 1 had 15,000 units made up of the following:   Amount Degree of Completion Prior department costs transferred in from the Extruding Department $ 80,250 100% Costs added by the Fabricating Department     Direct materials $ 40,500 90% Direct labor 10,200 70% Manufacturing overhead 9,420 35%   $ 60,120   Work in process, September 1 $ 140,370   During September, 75,000 units were transferred in from the Extruding Department at a cost of $446,250. The Fabricating Department added the following costs: Direct materials $ 214,200 Direct labor 64,800 Manufacturing overhead 34,380 Total costs added $ 313,380…

Line following information applies to the questions displayed below.j Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,100 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Cost of beginning work in process Direct materials. Conversion Costs added this month Direct materials Conversion Cost per Equivalent Unit of Production Costs of beginning work in process Costs added this period Total costs + Equivalent units of production Cost per equivalent unit of production Units 3,500 12,100 $ 10,500 5,100 Direct Materials $ Percent Complete for Percent Direct Complete for Materials. Conversion 60% 40% 1,902 19,968 21,870 $ 1,902 1,457 19,968 20,197 80% Calculate the Assembly department's cost per…

The following information summarizes the activities in the Mixing Department for the month of March. Beginning inventory 8,000 units, 80% complete Started and completed 196,000 units Ending inventory 24,000 units, 25% complete Material is added at the beginning of the process, and conversion costs are incurred evenly throughout the process. Calculate the equivalent units of production with respect to materials during the month of March using the weighted average method. Select one: a. 228,000 b. 212,000 c. 208,000 d. 244,000 e. 210,000