what is the total cost of the departmental Work-in-Process Inventory
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- AAA Appliances Inc. has two production departments. The nature of the process is such that no units remain in process in Finishing at the end of the period. At the beginning of the period, 10,000 units with a cost of 30,000 were transferred from Assembly to Finishing. Finishing incurred costs of 8,800 for materials, 7,200 for labor, and 8,800 for factory overhead, and finished 10,000 units during the month. a. Determine the unit cost for the month in Finishing. b. Determine the unit cost of the products transferred to finished goods.A company calculated the predetermined overhead based on an estimated overhead of $70.000, and the activity for the cost driver was estimated as 2,500 hours. If product A utilized 1,350 hours and product 8 utilized 1,100 hours, what was the total amount of overhead assigned to the products? A. $35000 B. $30.800 C. $37,800 D. $68,600The records of Burris Inc. reflect the following data: Work in process, beginning of month2,000 units one-half completed at a cost of 1,250 for materials, 675 for labor, and 950 for overhead. Production costs for the monthmaterials, 99,150; labor, 54,925; factory overhead, 75,050. Units completed and transferred to stock38,500. Work in process, end of month3,000 units, one-half completed. Compute the months unit cost for each element of manufacturing cost and the total per unit cost.
- TB MC Qu. 8-48 (Algo) Department A had no Work-in-Process at the beginning. Department A had no Work-in Process at the beginning of the period, 1.400 units were completed during the period, 240 units were 50% completed at the end of the period, and the following manufacturing costs were debited to the departmental Work-in Process account during the period: Direct materials (1,240 at $1e) $12,400 Direct labor 7,938 Factory overhead 6,350 Assuming that all direct materials are added at the beginning of production and Department A uses weighted average process costing, what is the total cost of the departmental Work-in Process Inventory at the end of the period? Mutple Choice $3.528 O $4440When Job 117 was completed, direct materials totaled $4.400: direct labor, 55,600; and factory overhead, $2,400. A total of 1,000 units were produced at a per-unit cost of a $12,400 b. $1.240 c. S124 d. $12.40The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.Work in Process – Assembling DepartmentBalance: 1,600 units, 35% completed $17,440 To finished goods: 29,600 units ?Direct materials: 29,000 units @ 9.50 275,500Direct labor 84,600Factory overhead 39,258Balance: ? units, 45% completed ?Compute the ending units and their value in work in process and the value of goods transferred to finished goods
- Department G had 1,920 units 25% completed at the beginning of the period, 13,600 units were completed during the period, 1,600 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period Costs added during period: Direct materials (13,280 units at $9) Direct labor Factory overhead $27,200 119,520 76,200 25,400 All direct materials are placed in process at the beginning of production, and the first-in, first-out method of inventory costing is used. What is the total cost of the units started and completed during the period (do not round unit cost calculation)? a. $175,756 b. $211,074 c. $105,120 d. $193,415Department G had 2,280 units 25% completed at the beginning of the period, 12,600 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $32,500 Costs added during period: Direct materials (12,220 units at $8) 97,760 Direct labor 73,800 Factory overhead 24,600 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)? a.$17,460 b.$23,677 c.$18,213 d.$15,200Department G had 2,160 units 25% completed at the beginning of the period, 13,200 units were completed during the period, 1,800 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: $26,800 Work in process, beginning of period Costs added during period: Direct materials (12,840 units at $8) Direct labor Factory overhead 102,720 76,200 25,400 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)? Ⓒ$17,209 Ob $22,372 O $16,507 Od $14,400
- Department G had 2,280 units 25% completed at the beginning of the period, 12,700 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $33,800 Costs added during period: Direct materials (12,320 units at $8) 98,560 Direct labor 81,600 Factory overhead 27,200 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of 2,280 units of beginning inventory which were completed during the period is (do not round unit cost calculations) $33,800 $50,572 $45,698 $48,672Department G had 2,280 units 25% completed at the beginning of the period, 13,900 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $28,000 Costs added during period: Direct materials (13,520 units at $9) 121,680 Direct labor 84,000 Factory overhead 28,000 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. What is the total cost of 2,280 units of beginning inventory which were completed during the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)? a.$41,969 b.$28,000 c.$43,869 d.$39,175At the end of the month, Lakeshore Company calculated equivalent units of production for the second department of the production process as shown below: UNITS Units accounted for Equivalent Units Direct Materials Costs 15,800 Completed and transferred out Ending work-in-process Equivalent Units Transferred In 15,800 OA. $17,193 and $311,307.5 O B. $16,637.5 and $294,670 O C. $94,057.5 and $315,185 O D. $131,503 and $300,060 1,100 16,900 880 16,680 Equivalent Units Conversion Costs 15,800 770 16,570 The cost per equivalent unit using the weighted - average method is $6.00 for material costs, $7.75 for conversion costs, and $4.90 for the units transferred in What is the total cost of the units in ending work-in-process and the total cost of the units completed and transferred out?
