Moller has 500 units in beginning inventory of her cutting department, about 80% done. Material costs...

 

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Moller has 500 units in beginning inventory of her cutting department, about 80% done. Material costs for these units are $547 while conversion costs are $8,732. This month, 67,800 units were started and 66,900 units were transferred to the next production process. The ending WIP was 30% finished. Total material costs incurred this month are $166,788 (all material is dumped into the vat at the start of processing), and total conversion costs for the month are $334,600. Conversion costs are assumed to be incurred evenly throughout the production process. When the units are finished in this department, they are transferred to the sanding department. How many units are in ending inventory? type your answer... Using the weighted average method: What are the equivalent units for material? type your answer... What are the equivalent units for conversion costs? type your answer... What are the total material costs used in this calculation? $ type your answer... What are the total conversion costs used in this calculation? $ type your answer..... What is the cost per equivalent unit for materials? type your answer... What is the cost per equivalent unit for conversion costs? type your answer... What is the value of the units transferred to the sanding department? $ type your answer..... What is the value of ending inventory? $ type your answer... Using the FIFO method: What are the equivalent units for material? type your answer... What are the equivalent units for conversion costs? type your answer... What are the total material costs used in this calculation? $ type your answer.... What are the total conversion costs used in this calculation? $ type your answer... What is the cost per equivalent unit for materials? type your answer.... What is the cost per equivalent unit for conversion costs? type your answer... What is the value of the units transferred to the sanding department? $ type your answer... What is the value of ending inventory? $ type your answer... Moller has 500 units in beginning inventory of her cutting department, about 80% done. Material costs for these units are $547 while conversion costs are $8,732. This month, 67,800 units were started and 66,900 units were transferred to the next production process. The ending WIP was 30% finished. Total material costs incurred this month are $166,788 (all material is dumped into the vat at the start of processing), and total conversion costs for the month are $334,600. Conversion costs are assumed to be incurred evenly throughout the production process. When the units are finished in this department, they are transferred to the sanding department. How many units are in ending inventory? type your answer... Using the weighted average method: What are the equivalent units for material? type your answer... What are the equivalent units for conversion costs? type your answer... What are the total material costs used in this calculation? $ type your answer... What are the total conversion costs used in this calculation? $ type your answer..... What is the cost per equivalent unit for materials? type your answer... What is the cost per equivalent unit for conversion costs? type your answer... What is the value of the units transferred to the sanding department? $ type your answer..... What is the value of ending inventory? $ type your answer... Using the FIFO method: What are the equivalent units for material? type your answer... What are the equivalent units for conversion costs? type your answer... What are the total material costs used in this calculation? $ type your answer.... What are the total conversion costs used in this calculation? $ type your answer... What is the cost per equivalent unit for materials? type your answer.... What is the cost per equivalent unit for conversion costs? type your answer... What is the value of the units transferred to the sanding department? $ type your answer... What is the value of ending inventory? $ type your answer...

Answer rating: 100% (QA)

Using the weighted average method 1 Ending Inventory 33600 units 30 complete 2 Equivalent Units for ... View the full answer