Question: Good day please help me to answer this, I really need help rn. Kindly include your (clear) solutions. 20. Boggs Company started 9,000 units in
Good day please help me to answer this, I really need help rn.
Kindly include your (clear) solutions.
20. Boggs Company started 9,000 units in March. The company transferred out 7,000 finished units and ended the period with 3,500 units that were 40 percent com/plete as to both material and conversion costs. Beginning Work in Process Inventory units was a. 500. b. 600. c. 1,500. d. 2,000. 21. Roache Company uses a weighted average process costing system. Material is added at the start of production. Roache Company started 14,000 units into production and had 5,000 units in process at the start of the period that were 75 percent com/plete as to conversion costs. If Roache Company transferred out 12,250 units, how many units were in ending Work in Process Inventory? a. 1,750 b. 3,000 c. 5,500 d. 6,750 22. Summers Company uses a weighted average process costing system and started 36,000 units this month. Jones had 15,000 units that were 25 percent com/plete as to conversion costs in beginning Work in Process Inventory and 6,000 units that were 35 percent com/plete as to conversion costs in ending Work in Process Inventory. What are equivalent units for conversion costs?
a. 43,350 b. 47,100 c. 48,900 d. 51,000 23. Montgomery Company makes fabric-covered hatboxes. The company began July with 500 boxes in process that were 100 percent complete as to cardboard, 80 percent com/plete as to cloth, and 60 percent com/plete as to conversion costs. During the month, 3,300 boxes were started. On April 30, 350 boxes were in process (100 percent complete as to cardboard, 70 percent com/plete as to cloth, and 55 percent com/plete as to conversion costs). Using the FIFO method, what are equivalent units for cloth?
a. 3,295 b. 3,395 c. 3,450 d. 3,595


24. Refer to Brewer Corporati26. on. How many units were transferred out * 1 point in August? Brewer Corporation has the following information for August: Beginning Work in Process Inventory (70% complete as to conversion) 6,000 units Started 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8, 500 units Beginning WIP Inventory Costs: Material $23 , 400 Conversion 50 , 607 Current Period Costs: Material $31, 500 Conversion 76,956 All material is added at the start of the process and all finished products are transferred out. a. 15,500 b. 18,000 c. 21,500 O d. 24,00027. Refer to Collins Corporation. Assume that weighted average process * 1 point costing is used. What is the cost per equivalent unit for material? Collins Corporation has the following information for May: Beginning Work in Process Inventory (75% complete as to conversion) 7,500 units Started 27,000 units Ending Work in Process Inventory (15% complete as to conversion) 9, 400 units Beginning WIP Inventory Costs: Material $25, 500 Conversion 52, 725 Current Period Costs: Material $34, 300 Conversion 80, 845 All material is added at the start of the process and all finished products are transferred out.| a. $0.99 b. $1.18 c. $1.64 O d. $1.73
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