Question: Direct materials are added uniformly throughout a process. Direct materials cost, BWIP $25,000 Direct materials per equivalent unit $3.97 Completed and transferred out units 25,950

Direct materials are added uniformly throughout a process.

Direct materials cost, BWIP

$25,000

Direct materials per equivalent unit

$3.97

Completed and transferred out units

 25,950

7,500 units were 35% complete with respect to direct materials in ending WIP.

Using the weighted average method, which of the following is TRUE ?

Answers: a.

Direct materials cost attributed to units completed and transferred out: $128,021.50

Direct materials cost attributed to units in ending inventory: $29,775.00
b.

Direct materials cost attributed to units completed and transferred out: $103,021.50

Direct materials cost attributed to units in ending inventory: $29,775.00
c.

Direct materials cost attributed to units completed and transferred out: $128,021.50

Direct materials cost attributed to units in ending inventory: $10,421.25
d.

Direct materials cost attributed to units completed and transferred out: $103,021.50

Direct materials cost attributed to units in ending inventory: $10,421.25

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 Accounting Questions!

Q:

Direct materials are added uniformly throughout a process. Direct materials cost, BWIP $36,000 Direct materials per equivalent unit $4.90 Completed units 26,750 7,500 units were 35% complete with...

Q:

Direct materials are added uniformly throughout a process. Direct materials cost, BWIP $41,000 Direct materials per equivalent unit $5.12 Ending WIP units 50,502 6,000 units were 45% complete with...

Q:

Direct materials are added uniformly throughout the process. Direct materials cost, BWIP = $8,650 Direct materials per equivalent unit = $0.75 Completed units = 131,150 - 9,900 units were 60%...

Q:

Direct materials are added uniformly throughout a process Direct materials cost, BWIFP Direct materials per equivalent $36,000 $4.90 26,750 unit Completed units 7,500 units were 35% complete with...

Q:

33. In the cutting department of Chess Company, conversion costs are added uniformly throughout the process. With the information given below, calculate the cost per equivalent unit for conversion...

Q:

33. Direct materials are added uniformly throughout a process. Direct materials cost per equivalent unit = $5.12 Completed units = 50,502 6,000 units were 45% complete with respect to direct...

Q:

liet to the information for Alfombra Inc. on the previous page. The owner of Alfombra sisted on a formal report that provided all the details of the weighted average miethod. In manufacturing...

Q:

ALL ANSWER IN A,B,C,D,E FORMAT EXCEPT TRUE AND FALSE QUESTION 1 A company allocates overhead to production on the basis of direct labor cost. If the company's total estimated overhead is $1,095,000...

Q:

1. The following information pertains to Yap Company's Grinding Department for the month of April: Units Materials Costs Beginning work in process 19,000 $11,500 Started in April 39,000 $26,000 Units...

Q:

1. The following information pertains to Yap Company's Grinding Department for the month of April: Units Materials Costs Beginning work in process 19,000 $11,500 Started in April 39,000 $26,000 Units...

Q:

Dominos pizza is considering entering the marketplace in your community. Conduct a research by conducting a demand analysis and forecast for pizza in order to make a decision whether dominos should...

Q:

We are evaluating a project that costs $897,000, has a life of thirteen years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are...

Q:

A creditor has years to institute legal action in respect of a judgment debt. A . 1 5 years R . 3 vears C . 6 years D . 3 0 years

Q:

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...