$9.(1$ point$)$ Winter Company reported the following for the most recent month:

Physical Units

Beginning work in process $(60\%$ complete$)700$

Units transferred in $($started$)$ during month $4,800$

Ending work in process $950$

Materials are added at the end of the process and conversion costs are added evenly

throughout the process. If equivalent whole units of production for conversion using

the FIFO were $4,396,$ what percent complete was ending work in process at the end of

the month?

a$.20\%$

b$.16\%$

c$.44\%$

d$.28\%$

e$.25\%$

f$.72\%$

g$.100\%$

h$.$ None of the above

$10.(1$ point$)$ Minty Inc. has one production process and produces only one product.

During the month of June, the company started $25,600$ units. The company began June

with $14,400$ units in work in process, which were $35\%$ complete with respect to

conversion costs. At the end of June, the company had $12,300$ units in ending work in

process, which were $40\%$ complete with respect to conversion costs. What was the

number of equivalent whole units for conversion costs in June, assuming the company

uses the weighted average method of process costing?

a$.32,620$

b$.40,000$

c$.27,700$

d$.27,580$

e$.23,260$

f$.35,080$

g$.30,520$

h$.$ None of the above

$11.(1$ point$)$ Trinket Inc. uses a job$-$order costing system and applies overhead based on

direct labor dollars. Job $631$ was started in July and incurred the following costs in July:

Direct materials $$2,400$

Direct labor $$1,600$

Applied overhead $$2,000$

The job was completed in August with an additional $$1,050$ in direct material cost and

$$1,200$ in additional direct labor cost. What was the total cost of Job $631$ at the end of

August?

a$.$ $$3,750$

b$.$ $$8,250$

c$.$ $$9,750$

d$.$ $$10,250$

e$.$ $$9,210$

f$.$ $$3,500$

g$.$ $$9,375$

h$.$ None of the above

$12.(1$ point$)$ Peter Company manufactures a product in three processes: Cutting,

Assembly, and Packaging. In the Packaging Department, materials are added at the end

of the process. The following data are given for the Packaging Department:

Units in beginning work in process, September $1(40\%$ complete$)3,000$

Units started and completed during September $8,000$

Units in ending work in process, September $30(30\%$ complete$)1,500$

Peter$$s equivalent whole units for materials in September using FIFO method would be:

a$.10,250$

b$.11,000$

c$.9,500$

d$.11,300$

e$.14,000$

f$.8,000$

g$.12,500$

h$.$ None of the above

Use the following information to answer the next $2$ questions.

Northern Company reported the following information for the first three years of operations.

Year $1$ Year $2$ Year $3$

Units produced $15,00020,00024,000$

Units sold $12,00019,20026,000$

Variable production cost per unit $$4$ $$4$ $$4$

Fixed production cost $$24,000$ $$24,000$ $$24,000$

Variable selling cost per unit $$3$ $$3$ $$3$

Fixed selling cost $$14,000$ $$14,000$ $$14,000$

Normal overhead base $($in units$)20,00024,00016,000$

Assume fixed overhead is applied based on the normal overhead base for each year.

$13.(1$ point$)$ If the company had an operating income of $$18,500$ in Year $2$ under variable

costing, what was their operating income under absorption costing in Year $2?$

a$.$ $$22,300$

b$.$ $$18,700$

c$.$ $$18,300$

d$.$ $$19,300$

e$.$ $$19,460$

f$.$ $$18,260$

g$.$ $$19,780$

h$.$ None of the above

$14.(1$ point$)$ If the company had an operating income of $$37,400$ in Year $3$ under

absorption costing, what was their operating income under variable costing in Year $3?$

a$.$ $$38,900$

b$.$ $$36,700$

c$.$ $$40,160$

d$.$ $$39,400$

e$.$ $$38,500$

f$.$ $$39,800$

g$.$ $$40,400$

h$.$ None of the above