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4. 20000 units in a process that are 70% complete are referred to as: a 6000 equ

ID: 2564634 • Letter: 4

Question

4. 20000 units in a process that are 70% complete are referred to as: a 6000 equivalent units of ending work in process. b. c. d. 14000 equivalent units of ending work in process. 20000 equivalent units of ending work in process. 26000 equivalent units of ending work in process. the process. For the month of January, there were no units in the beginning work in process units were started into production in January and there were 20000 units that were .0% complete A dep artment adds all raw materials to a process at the beginning of the process and incurs conversion costs inventory; 90000 conversion costs for the month of January? a. 82000 equivalent units. b. 78000 equivalent units c. 90000 equivalent units d. 70000 equivalent units 6. In the month of June, a work in process inventory at the end of January. What were the equivalent units of production for department had 20000 units in beginningwork in process that were 70% complete. process that were 40% complete. All materials are added at the beginning or the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the department in June? During June, 90000 units were started into production. At the end of June there were 10000 units in ending work in a. 90000 units. b. 80000 units. C. 110000 units d. 100000 units. 7. Cohen Company is trying to determine the equivalent units for conversion costs with 5000 units of ending work at 80% completion. There were 45000 equivalent units of production for materials. There are no beginnin in process units in the department. All materials are added at the beginning of the process, and conversion costs occur evenly throughout the entire production period. What is the equivalent units of production for conversion costs for the current period? a. 44000 b. 4000. c. 49000 d. 50000.

Explanation / Answer

5) Calculate equivalent unit of production in conversion cost :

Equivalent unit of production of conversion cost = Unit completed+(ENding work in process*percent completion)

                                                                     = 70000+(20000*40%)

Equivalent unit of production of conversion cost = 78000 units

so answer is b) 78000 equivalent unit

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