Question: For the Assembly Department, unit materials cost is $8 and unit conversion cost is $12. If there are 8,000 units in ending work in process

For the Assembly Department, unit materials cost is $8 and unit conversion cost is $12. If there are 8,000 units in ending work in process 75% complete as to conversion costs, the costs to be assigned to the inventory are
a. $160,000.
b. $136,000.
c. $120,000.
d. $144,000

Step by Step Solution

★★★★★

3.39 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

b 136000 Unit materials cost 8 Unit conversion cost 12 ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

68-B-M-A-P-C (961).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Rhodes Company has the following data for the Assembly Department for August: Units in process at the beginning of August ....... 2,000 Units started in August...

Collins Company has the following data for the Assembly Department for August: Units in process at the beginning of August........ 300 Units started in August................1,800 Units completed and...

Collins Company has the following data for the Assembly Department for August: Units in process at the beginning of August ....................... 900 Units started in August...

A) For the Assembly Department, unit materials cost is $8 and unit conversion cost is $12. If there are 4,000 units in ending work in process 75% complete as to conversion costs, the costs to be...

For the Assembly Department, unit materials cost is $8 and unit conversion cost is $12. If there are 10,000 units in ending work in process 75% complete as to conversion costs, the costs to be...

For the Assembly Department, unit materials cost is $18 and unit conversion cost is $12. If there are 50,000 units in ending work in process 35% complete as to conversion costs and 75% material cost,...

Please help! Question 2 For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of the process and there are 6,000 units In the...

Question 28 of 42 -12 View Policies Current Attempt in Progress For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of the...

144) For the Assembly Department, unit materials cost is $5 and unit conversion cost is $12. All material costs are added at the beginning of the process and conversion costs are applied uniformly...

please help!! For the Mixing Department, unit materials cost is $ \$ 8 $ and unit conversion cost is $ \$ 12 $. If materials are added at the beginning of the process and there are 8300 units in...

This week you must listen to the following debate (Munk Debate on Free Will: Christian List vs. Gregg D. Caruso). This debate is on free will. In this assignment, you must summarize this debate and...

If the government establishes a price floor of $40 and government purchases the surplus over quantity demanded, producer surplus will Figure 2.4 $ $80 $70 $60 $ 50 $40 $30 $ 20 $ 10 10 20 30 40 50 60...

Select all that apply Among the requirements of SOX is those who commit fraud face ( Select all that apply. ) possible jail time up to 2 0 years for each violation a maximum jail time of 5 years...

What do you understand by the performance of a contract? (Ref. Beginning of the chapter)

On October 1, 2016, Josh Smith, attorney, accepted an $10,800 cash advance from his client, James Company, for services to be performed over the next six months. Required a. Record the deferral and...

Required Identify each of the following events as an accrual, a deferral, or neither: a. Paid cash in advance for a one-year insurance policy. b. Paid cash to settle an account payable. c. Collected...

(Computing the standard deviation for a portfolio of two risky investments) Mary Guilott recently graduated from Nichols State University and is anxious to begin investing her meager savings as a way...

PLEASE ANSWER ALL 4 MULTIPLE CHOICE QUESTIONS Which one of the following should not be included in the cash flow time line of a new product? Increase in accounts payable for new product inventory...

Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fully depreciated at the time of purchase. The...