Jimmy Corporation uses the weighted-average method in its process costing system. The ending work in process inventory consists of 20,000 units. The ending work in process inventory is 100% complete with respect to materials and 80% complete with respect to labor and overhead. If the cost per equivalent unit for the period is $4.00 for material and $1.20 for labor and overhead, what is the balance of the ending work in process inventory account would be: (Do not round Cost per equivalent unit) - $99,200 - $90,700 $104,000 - $79,500

Assuming that there was no beginning work in process inventory, and the ending work in process inventory is 30% complete as to direct materials costs, the number of equivalent units for direct materials costswould be     a) less than the units started in production b) less than the units completed c) equal to the units completed d) equal to the units started in production

The total costs of goods allocated to units transferred out is:

how many units were in ending Work in Process Inventory?

Bixby Carpet Manufacturing Inc. uses a process costing system and calculates per-unit costs using the weighted average method. The following data relates to the first production department (the Weaving Department) of its Rayon carpet brand for the month of November. Note that since carpet is sold by the square yard, each “unit” refers to a square yard of carpet: Beginning Work in Process Inventory: 300 units, 40% complete with respect to conversion. Ending Work in Process Inventory: 400 units, 25% complete with respect to conversion. All direct materials are added at the beginning of the process, and conversion costs are assumed to be incurred uniformly throughout production. The cost of direct materials in beginning Work in Process Inventory was $21,200, and conversion costs in beginning Work in Process were $4,900.During the month, $110,800 of direct materials were added to production. Direct labor for the period was $23,120. Overhead is allocated on at 25% of direct…

The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 20,000 units, The ending work in process inventory is 100% complete with respect to materials and 70% complete with respect to labor and overhead. If the costs per equivalent unit for the period $3.20 for the materials and $2.00 for labor and overhead, what is the balance of the ending work in process inventory account would be: (Do not round Cost per equivalent unit) A. $104,000 B. $63,500 C. $92,000 D. $83,500

Compute the total costs of the units​ (gallons) (a) completed and transferred out to the Packaging​ Department, and​ (b) in the Department ending​ Work-in-Process Inventory. Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this​ step, and then by calculating the the total cost of units completed and transferred out and of units in ending inventory in the following step. ​(Complete all input fields. Enter a​ "0" for any zero balances. Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation​ used: EUP​ = equivalent units of​ production.)

Domestic

During March, the following costs were charged to the manufacturing department: $15,480 for materials; $14,900 for labor; and $13,900 for manufacturing overhead. The records show that 31,000 units were completed and transferred, while 3,400 remained in ending inventory. There were 34,400 equivalent units of material and 32,360 of conversion costs. Using the weighted-average method, what is the cost of inventory transferred and the balance in work in process inventory? When required, round cost per unit to two decimal places and the final answers to the nearest dollar. Cost of inventory transferred $fill in the blank 1 Balance in work in process $fill in the blank 2

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