Using the following terms, prepare the worksheet to show the calculation to answer the question: Units completed and transferred out Cost per material Cost per conversion Equivalent units conversion Cost of units transferred out Units started and completed in production Total units to account for Total ending work in process Ending work in process materials Ending work in process conversion Cost per unit conversion Costs to account for Question: A company has 1,500 units in ending work in process that are 30% complete after transferring out 10,000 units. All materials are added at the beginning of the process. If the cost per unit is $4 for materials and $7 for conversion, what is the cost of units transferred out and in ending work in process inventory using the weighted-average method? PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Terms Dollars ? ? Ending work in process: x ? ? ? ? ? ?

The machining department of Swifty Manufacturing had a busy year! Management evaluated the stage of completion of ending WIP Inventory and recorded the following in Step 1 of its process costing analysis. Step 1: Verify physical units in the period and identify degree of completion Units in beginning WIP Inventory Units started this period Total Units to account for Degree of Completion Physical Units DM Conversion Costs 2,800 100% 70% 224,200 227,000 Units completed and removed from WIP Inventory this period 218,900 Units in ending WIP Inventory 8,100 0% 40% Total units accounted for 227,000 Swifty adds its conversion costs evenly throughout the machining process. (a) Determine the equivalent units of production for both DM and conversion costs this year for the Swifty machining department under the FIFO method. Total equivalent units of work done this period DM Conversion Costs

The summarized balance sheets of Pharoah Company and Sheridan Company as of December 31, 2025 are as follows: Assets Liabilities Capital stock Retained earnings Total equities Assets Liabilities Capital stock Retained earnings Total equities Pharoah Company Balance Sheet December 31, 2025 O $444000. O $297000. O $345000. O $350000. Sheridan Company Balance Sheet December 31, 2025 $2000000 $220000 1000000 780000 $2000000 $1480000 $330000 990000 160000 $1480000 If Pharoah Company acquired a 30% interest in Sheridan Company on December 31, 2025 for $350000 and the equity method of accounting for the investment was used, the amount of the debit to Equity Investments (Sheridan) to record the purchase would have been

Pharoah Company has gathered the following information. All materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. Units in beginning work in process 22,400 Units started into production 183, 680 Units in ending work in process 26,880 Percent complete in ending work in process: Conversion costs 60 % Materials 100 % Cost of beginning work in process, plus costs incurred during the period: Direct materials $103, 040 Direct labor $184,576 Overhead $206, 080