Question: Please answer items #20, #11-12, #17-18, & #21-22 with explanation, thank you so much in advance! Stockton Company adds materials at the beginning of the
Please answer items #20, #11-12, #17-18, & #21-22 with explanation, thank you so much in advance!
Stockton Company adds materials at the beginning of the process in Department M. Data concerning materials used in March production are as follows: Started during March 50,000 units Completed and transferred 36,000 units Normal spoilage 4,000 units Work in process at March 3 1 10,000 units 11. The equivalent units for materials are: a. 50,000 b. 34.000 C. 40,000 d. 46,000 Materials are added at the start of the process in Cesar company's blending department, the first stage of the production cycle. The units started during the month were 210,000. Completed and transferred, 110,000 and in process, end (50% comp) were 70,000.Under Cesar's cost accounting system, the costs incurred on the lost units are absorbed by the completed units only. 12. What are the equivalent units for materials? a. 120,000 b. 145,000 C. 180,000 d. 210,000Alonzo Manufacturing uses a process costing system to accumulate costs related to the production of "Supergrow" an industrial strength hair grower. Material costs and conversion costs for last quarter are provided below: Materials Conversion Costs Current cost for the quarter P 281,650 P 348,705 Equivalent production 262,000 258,300 All materials are added at the beginning of the production process. 17. If the number of bottles completed during the quarter is 255,200, what is the total cost that should be assigned to these bottles? a. P 618,860 b. P 629,922 c. P 629,200 d. P 638,000 18. The cost allocated to the bottles in process at the end of the month a. P 31,036 b. P 20,798 C. P 20,620 d. P 11,495M Company has two producing departments - Departments A and B. Department A works on raw material XYZ and then transfers it to Department B . After Dept. B puts on its finishing touches, it transfers the product to Finished Goods Inventory. 21. If Dept. A had put 95,000 units into process, during the period and had ending work in process of 21,000 units, what is the number of units transferred to finished goods inventory, if Dept. B's ending units in process are 12,000? a. 104,000 b. 85,000 C. 74,000 d. 62,000 22.M Company adds direct materials at the beginning of the production process in Department A. If Department A's ending units in process are 60% complete as to conversion costs, what is Department A's equivalent units for materials? a. 80,000 b. 86,600 C. 95,000 d. 102,400During March, 2019, Blanche Company's Department equivalent units costs were computed as follows Materials P1.00 Conversion costs 3.00 Materials are introduced at the end of the process in Department Y. There were 4,000 units (40% complete as to conversion cost) in process at March 31, 2016. 20. The total costs assigned to the March 31, 2016 work in process inventory should a. P4,800 b. P8,800 c. P7,200 d. None of the given
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