Please give me answer Accounting The last department in a production process shows the followinginformation at the end of the period.Beginning work in process 40,000Started into Production190,000Ending Work in Process75,000How many units have been transferred out to finished goods during theperiod?a. 155,000b. 230,000c. 187,500d. 175,000

Step 1: Define Finished GoodsFinished goods are the goods which are already done with the production…

Answered: The last department in a production…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 12E: a. Based on the data in Exercise 17-11, determine the following: 1. Cost of beginning work in...

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The last department in a production process shows the following information at the end of the period: Units Beginning Work in Process 3,000 Started into Production 21,000 Ending Work in Process 6,000 How many units have been transferred out to finished goods during the period?
Part A The following data show the units in beginning work in process inventory, the number of units started, the number of units transferred, and the percent completion of the ending work in process for conversion. Given that materials are added at the beginning of the process, what are the equivalent units for material and conversion costs for each quarter using the weighted - average method? Assume that the quarters are independent. \table [[Beginning ,,], [Quarter, \table [[Work in], [Process]], Started, Out, (%)],[1,, 255, 000, 235,50], [2, 2, 500, 275, 000, 250, 40], [3, 3, 600, 290, 000, 275,000, 45], [4, 6, 500, 300,000, 280, 000,60]]
a. Using FIFO method, how much cost is transferred to the next department? b. Using FIFO method, how much is the total cost of Work in Process Inventory, End?
Based on the attached information, what is the equivalent units of production using weighted average method? a. 20,000 b. 14,000 c. 18,800 d. 16,800
6 Compute the conversion cost per equivalent unit for the Production department using the weighted-average method. Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Production cost information for the Production department follows. Beginning work in process Direct materials. Conversion Costs added this period Direct materials Conversion $ 93,500 107,000 Units 18,000 90,000 108,000 30,000 $ 253,000 291,160 $ 200,500 $544,160 Direct Materials Percent Complete 100% 100% Conversion Percent Complete 40% 60%
A process with no beginning work in process, completed and transferred out 85,000 units during a period and had 50,000 units in the ending work in process inventory that were 20% complete. The equivalent units of production for the period were: Select one O a. 70,000 equivalent units. b. 95,000 equivalent units. Oc. None of the answers are correct O d. 100,000 equivalent units. e. 85,000 equivalent units.
Prepare a physical flow reconciliation with the information below. Blonding Process Units of Product Percont of Converslon 150,000 Beginning work in process... Goods started... Goods completed.. Ending work in process. 80% 310,000 100 340,000 100 120,000 25
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The Slicing Department production process shows: Beginning Work in Process Ending Work in Process. Total units to be accounted for How many units were completed and transferred out from Department 1? 170.000. 110,000. Ⓒ160,000. Units 10,000 50,000 160,000 150,000.
If Department 1 had put 95,000 units into process during the period and had ending units in process of 21,000 units. What is the number of units transferred to finished goods inventory if Department 2’s ending units in process are 12,000? a. 104,000 b. 83,000 c. 74,000 d. 62,000
A process with no beginning work in process, completed and transferred out 85,000 units during a period and had 50,000 units in the ending work in process inventory that were 20% complete. The equivalent units of production for the period were: Select one: U a. 70,000 equivalent units. b. 85,000 equivalent units. C. None of the answers are correct d. 100,000 equivalent units. e. 95,000 equivalent units.
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