The Assembly Department of Interface, Inc., manufacturer of computers, had 4,500 units of beginning inventory in...
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The Assembly Department of Interface, Inc., manufacturer of computers, had 4,500 units of beginning inventory in September, and 7,000 units were transferred to it from the Production Department. The Assembly Department completed 3,500 units during the month and transferred them to the Packaging Department. The weighted average method is used. Calculate the total number of units to account for by the Assembly Department. A. 7,000 units B. 4,500 units O C. 11,500 units D. 2,500 units Paraquat Manufacturing produces a chemical herbicide and uses process costing. There are three processing departments-Mixing, Refining, and Packaging. On January 1, the first department-Mixing-had a zero beginning balance. During January, 42,000 gallons of chemicals were started into production. During the month, 32,000 gallons were completed, and 10,000 remained in process, partially completed. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. During January, the Mixing Department incurred $60,000 in direct materials costs and $250,000 in conversion costs. At the end of the month, the ending inventory in the Mixing Department was 60% complete with respect to conversion costs. First, calculate the equivalent units, then calculate the cost per equivalent unit, and then calculate the total cost of the product that was completed and transferred out during January. The weighted average method is used. (Round any intermediate calculations two decimal places, and your final The total cost of product transferred out was answer to the nearest dollar.) OA. $310,000 OB. $250,000 OC. $45,714 OD. $256,320 The Assembly Department of Interface, Inc., manufacturer of computers, had 4,500 units of beginning inventory in September, and 7,000 units were transferred to it from the Production Department. The Assembly Department completed 3,500 units during the month and transferred them to the Packaging Department. The weighted average method is used. Calculate the total number of units to account for by the Assembly Department. A. 7,000 units B. 4,500 units O C. 11,500 units D. 2,500 units Paraquat Manufacturing produces a chemical herbicide and uses process costing. There are three processing departments-Mixing, Refining, and Packaging. On January 1, the first department-Mixing-had a zero beginning balance. During January, 42,000 gallons of chemicals were started into production. During the month, 32,000 gallons were completed, and 10,000 remained in process, partially completed. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. During January, the Mixing Department incurred $60,000 in direct materials costs and $250,000 in conversion costs. At the end of the month, the ending inventory in the Mixing Department was 60% complete with respect to conversion costs. First, calculate the equivalent units, then calculate the cost per equivalent unit, and then calculate the total cost of the product that was completed and transferred out during January. The weighted average method is used. (Round any intermediate calculations two decimal places, and your final The total cost of product transferred out was answer to the nearest dollar.) OA. $310,000 OB. $250,000 OC. $45,714 OD. $256,320
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