Question: Department S had no work in process at the beginning of the period. It added 12,000 units of direct materials during the period at a

Department S had no work in process at theDepartment S had no work in process at theDepartment S had no work in process at theDepartment S had no work in process at the

Department S had no work in process at the beginning of the period. It added 12,000 units of direct materials during the period at a cost of $84,000; 9,000 units were completed during the period; and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900. The total conversion costs for the period were O a. $143,400 Ob. $49,500 Oc. $59,400 Od. $9,900 What type of analysis is indicated by the following? Increase (Decrease) Current Year Preceding Year Amount Percent $(70,000) (14%) 240,000 Current assets Fixed assets O a. common-size analysis Ob. vertical analysis Oc. liquidity analysis Od. horizontal analysis $430,000 1,740,000 $500,000 1,500,000 16% The following production data were taken from the records of the finishing department for June: Inventory in process, June 1, 25% completed Transferred to finished goods during June Equivalent units of production during June 480 units 4,900 units 5,340 units Determine the number of equivalent units of production in the June 30, finishing department inventory, assuming that the first-in, first-out method is used to cost inventories. The completion percentage of 25% applies to both direct materials and conversion costs. O a. 560 units Ob. 840 units O c. 672 units Od. 448 units In the manufacture of 9,800 units of a product, direct materials cost incurred was $172,700, direct labor cost incurred was $105,900, and applied factory overhead was $49,100. What is the total conversion cost? Oa. $155,000 Ob. $49,100 Oc. $327,700 Od. $172,700

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!