8. Hanker Company had the following department data on physical units: Work in p

Question

8. Hanker Company had the following department data on physical units: Work in process, beginning Completed and transferred out Work in process, ending 3000 18000 2400 during the perioa ded at the beginning of the process. What is the total number of equlvalent units for materials All materials during the period? a. 150o0. b. 20400. c. 18600. d. 2400. 9. In the Shaping Department of Rollins Company the unit materials cost is $5.00 and the unit conversion cost is $3.00. The department transferred out 40000 units and had 5000 units in ending work in process 20% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is a $28000. b. $4000o. c. $8000. d, *25000. 10. An ABC methods are a. only used for allocating costs in the production process. b. only used for allocating general overhead. c. not used across the entire value chain. d. used across the entire value chain. 11. An activity that has a direct cause-effect relationship with the resources consumed is a(n) a. cost driver. b. product activity c- cost pool. d. overhead rate.

Explanation / Answer

8..

completed and transferred out 18000 + work in process ending 2400 = 20400

so answer is b.20400

9.. 5000 units ending work in process so

(5000 * 5 ) + [(5000 * 20%) * 3) = 28000

so answer is a. 28000

Related Questions

Navigate

• Browse (All)
• Browse 8
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.