41.

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 4,200 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 66,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs.

What were the equivalent units for conversion costs in the Assembly Department for the month?

Multiple Choice

• 41,700

• 91,300

• 56,160

• 59,100

42.

Vallin Manufacturing Corporations beginning work in process inventory consisted of 8,300 units, 100% complete with respect to materials cost and 60% complete with respect to conversion costs. The total cost in the beginning inventory was $39,000. During the month, 43,000 units were transferred out. The equivalent unit cost was computed to be $2.80 for materials and $3.30 for conversion costs under the weighted-average method. Given this information, the total cost of the units completed and transferred out was:

Multiple Choice

• $286,000

• $215,600

• $262,300

• $214,000

43.

Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,800 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,600. During the period, 9,800 units were completed and transferred on to the next department. The costs per equivalent unit for the period were $5.80 for material and $6.80 for conversion costs. The cost of units transferred out during the month was:

Multiple Choice

• $66,640

• $66,800

• $123,480

• $84,400

44.

In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $31,000 and ending work in process inventory of $36,000. During the month, the cost of units transferred out from the department was $166,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be:

Multiple Choice

• $67,000

• $137,000

• $150,000

• $202,000