The following information is available for Department A of Adelphi Corp. for the month of January:...
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The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350. The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350. The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350. The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350. The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350. The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350. The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350. The following information is available for Department A of Adelphi Corp. for the month of January: Units Cost Work in process, January 1 (70% complete) Direct materials $ 36,000 Direct labor 27,330 Manufacturing overhead 24,600 Started in production during January Costs added in current period: Direct materials $108,000 58,670 Direct labor Manufacturing overhead 61,600 10,000 40,000 Work in process, January 31 (80% complete) 4,000 All materials are added at the beginning of the process. (Round unit costs to two decimal places). The cost per equivalent unit of production for a complete unit (i.e., including both materials and conversion costs) using the weighted average method is: a. $7.12. O b. $6.55. c. $6.38. O d. $9.70. The cost of ending work in process using the weighted average method is: a. $25,520. b. $21,312. c. $22,720. O d. $20,416. If Adelphi Corp. uses FIFO method, the total cost for the finished and transferred out in Department A will be: a. $198,350. O b. $296,280. O c. $312,420. O d. $208,350. If Adelphi Corp. uses FIFO method, the total cost for the ending work-in-process in Department A will be: a. $19,920. O b. $20,320. c. $22,520. d. $21,350.
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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