题目
MGT5_WI25_A00 Chapter 6 Knowledge check
单项选择题
Bartlow Company uses the weighted average method. There were 6,000 units in beginning work in process that were 60% complete. During the month, 39,600 units were started and 37,680 units were completed and transferred. The ending work in process consists of: a. 7,000 units. b. 7,920 units. c. 3,600 units. d. 5,043 units.
查看解析
标准答案
Please login to view
思路分析
To analyze the ending work in process (WIP) under the weighted average method, start by determining the total physical units accounted for during the period and how many were completed and transferred.
First, identify the totals: Beginning WIP = 6,000 units (60% complete). Units started during the month = 39,60......Login to view full explanation登录即可查看完整答案
我们收录了全球超50000道考试原题与详细解析,现在登录,立即获得答案。
类似问题
Required information Skip to question [The following information applies to the questions displayed below.] Timing Technology, Incorporated, manufactures timing devices. During 20x1, 900,000 units were completed and transferred to finished-goods inventory. On December 31, 20x1, there were 300,000 units in work in process. These units were 50 percent complete as to conversion and 100 percent complete as to direct material. Finished-goods inventory consisted of 200,000 units. Materials are added to production at the beginning of the manufacturing process, and overhead is applied to each product at the rate of 60 percent of direct-labor costs. There was no finished-goods inventory on January 1, 20x1. A review of the inventory cost records disclosed the following information: Units Direct Material (Costs) Direct Labor (Costs) Work in process, January 1, 20x1 (80% complete as to conversion) 200,000 $ 200,000 $ 315,000 Units started in production 1,000,000 Direct-material costs $ 1,300,000 Direct-labor costs $ 1,995,000 Required: 1. Complete the following schedule as of December 31, 20x1, to compute the physical flow of units.
Idaho Lumber Company grows, harvests, and processes timber for use in construction. The following data pertain to the firm’s sawmill during November. Work in process, November 1 Direct material $ 65,000 Conversion 180,000 Costs incurred during November Direct material $ 425,000 Conversion 690,000 The equivalent units of activity for November were as follows: 7,000 equivalent units of direct material and 1,740 equivalent units of conversion activity. Required: Calculate the cost per equivalent unit, for both direct material and conversion, during November. Use weighted-average process costing.
Idaho Lumber Company grows, harvests, and processes timber for use in construction. The following data pertain to the firm’s sawmill during November. Work in process, November 1 Direct material $ 65,000 Conversion 180,000 Costs incurred during November Direct material $ 425,000 Conversion 690,000 The equivalent units of activity for November were as follows: 7,000 equivalent units of direct material and 1,740 equivalent units of conversion activity. Required: Calculate the cost per equivalent unit, for both direct material and conversion, during November. Use weighted-average process costing.
Rainbow Glass Company manufactures decorative glass products. The firm employs a process-costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. The company’s production schedule for October follows: Units Work in process on October 1 (60% complete as to conversion) 1,000 Units started during October 5,000 Total units to account for 6,000 Units from beginning work in process, which were completed and transferred out during October 1,000 Units started and completed during October 3,000 Work in process on October 31 (20% complete as to conversion) 2,000 Total units accounted for 6,000 Required: Calculate each of the following amounts using weighted-average process costing. Equivalent units of direct material during October. Equivalent units of conversion activity during October.
更多留学生实用工具
希望你的学习变得更简单
加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！