Question: question 1 question 2 The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent units for conversion costs


The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent units for conversion costs for November in a particular department. There were 4,000 units in the ending work in process inventory on November 30 which were 60% complete with respect to conversion costs. The November 1 work in process inventory consisted of 5,000 units which were 40% complete with respect to conversion costs. A total of 22,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was: Multiple Choice 22,000 units 0 17,000 units 26,000 units 21,000 units Jared Beverage Corporation uses a process costing system to collect costs related to the production of its celery flavored cola. The cola is first processed in a Mixing Department and is then transferred out and finished up in the Bottling Department. The finished cases of cola are then transferred to Finished Goods Inventory. The following information relates to the company's two departments for the month of January: Mixing 10,000 65,000 Bottling 5,000 ? Cases of cola in work in process, January 1 Cases of cola completed/transferred out during January Cases of cola in work in process, January 31 4,000 7,000 How many cases of cola were completed and transferred to Finished Goods Inventory during January? Multiple Choice O 70.000 63,000 Seved Help Save & Exit Submit Mini Test 3 u coca compleLU CORSICreu vu ry January Cases of cola in work in process, January 31 vuu 4,000 7,000 How many cases of cola were completed and transferred to Finished Goods Inventory during January? Multiple Choice 70,000 63,000 58,000 77,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
