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Department G had 3,600 units, 40% completed at the beginning of the period, 12,0

ID: 2550896 • Letter: D

Question

Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000 units were 20% completed at the end of the penod, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period 60,000 Costs added during period: Direct materials (10,400 at $9.8365) 102,300 79,800 25,200 Direct labor Factory overhead Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out respectively. Select one costing is used, determine the material and conversion cost per unit (to the nearest penny), a. $5.94 and S5.86 b. $5.94 and $6.38 c. $8.00 and $8.68 d. $9.84 and $9.58 Department J had no work in process at the beginning of the period. 18,000 units were completed during the period and 2,000 units were 30% completed at the end of the period. The folowing manufacturing costs were debited O n 24 answered ated 1the depamental work ipocs coumt darig the period (Asurne the compauny uses FIPO and run Ct per unit to two decimal places) Flag 9 0 8 6

Explanation / Answer

Department G Conversion Cost Ending WIP=(2000*20%) 400 Units Completed 12000 Less: Beginning WIP=(3600*40%) 1440 Total Equivalents Units 10960 Direct Material cost per unit=($98365/10400) $                      9.46 Conversion Cost Per Unit=($79800+$25200)/10960 $                      9.58

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