Question: 4 Exercise 4A-9 (Algo) Equivalent Units; Equivalent Units of Production; Assigning Costs-FIFO Method [LO4-6, LO4-7, L04-8) 6.66 points oped Jarvene Corporation uses the FIFO method






4 Exercise 4A-9 (Algo) Equivalent Units; Equivalent Units of Production; Assigning Costs-FIFO Method [LO4-6, LO4-7, L04-8) 6.66 points oped Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments Units in beginning Inventory Units started into production Units in ending inventory Units transferred to the next department 4.300 380 4,320 320 eBook Print Materials Percentage completion of beginning inventory Conversion 70% 30X Percentage completion of ending Inventory 2013 305 The cost of beginning inventory according to the companys costing system was $7.885 of which $4.814 was for materials and the remainder was for conversion cost. The costs added during the month amounted to 5178.410. The costs per equivalent unit for the month were References onversion cost per equivalent unit $18.00 $23.00 Required: 1. Compute the total cost per equivalent unit for the month 2. Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory 4 Compute the number of units started and completed during the month 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Required Required 6 Compute the total cost per equivalent unit for the month. (Round your answer to 2 decimal placet.) Total cost per equivalent in 4 Exercise 4A-9 (Algo) Equivalent Units; Equivalent Units of Production: Assigning Costs-FIFO Method [LO4-6, L04-7, LO4-8] 6,66 point Sided Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments Units in beginning Inventory 380 Units started into production Units in ending inventory 4,320 320 Units transferred to the next department 4.380 Book Die Percentage completion of beginning Inventory Materials Conversion 201 Percentage completion of ending inventory 303 70% 325 The cost of beginning inventory according to the company's costing system was $7,885 of which $4,814 was for materials and the remainder was for conversion cost. The costs added during the month amounted to S178,410 The costs per equivalent unit for the month were References Halil Conversion Cost per equivalent ut $15.00 323.00 Required: 1. Compute the total cost per equivalent unit for the month 2. Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory 4. Compute the number of units started and completed during the month 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required Required s Requiredo Compute the equivalent units of material and conversion in the ending Inventory Materials Conversion Equivalent units 4 Exercise 4A-9 (Algo) Equivalent Units; Equivalent Units of Production: Assigning Costs-FIFO Method [LO4-6, LO4-7, LO4-8) 6.66 points Skipped Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments Units in beginning inventory Units started into production 4,320 Units in ending Inventory Units transferred to the next department 4,850 380 320 eBook Print Materials Percentage completion of beginning inventory Conveeston 201 sex Percentage completion of ending Inventory 705 30% The cost of beginning inventory according to the company's costing system was 57,885 of which $4,814 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $178.410. The costs per equivalent unit for the month were Reference Material Conversion Cost per equivalent unit $16.00 $23.00 Required: 1 Compute the total cost per equivalent unit for the month 2 Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory 4. Compute the number of units started and completed during the month 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Required 5 Required 6 Compute the equivalent units of material and conversion that were required to complete the beginning inventory Materials Conversion Equivalent units 4 Exercise 4A-9 (Algo) Equivalent Units; Equivalent Units of Production: Assigning Costs-FIFO Method [LO4-6, LO4-7, LO4-8] 6.66 points Skoced eBook Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments Units in beginning inventory 38 Units started into production Units in ending Inventory 4,320 320 Units transferred to the next department 4,380 Materials Percentage completion of beginning Inventory Conversion 70% 301 Percentage completion of ending inventory 70% The cost of beginning inventory according to the company's costing system was $7885 of which $4 814 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $178 410. The costs per equivalent unit for the month were Print Bo References Material Conversion Cost per equivalent unit $18.00 $23.00 Required: 1. Compute the total cost per equivalent unit for the month 2. Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory 4 Compute the number of units started and completed during the month 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month 6 Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Releired 4 Required 5 Required 6 Compute the number of units started and completed during the month. Number of units started and completed Sov 4 www operations in one of the company's processing departments THE Units in beginning inventory Units started into production Units in ending Inventory Units transferred to the next department 6.66 Doints 380 4,320 320 4,280 Slapped Materials Conversion Percentage completion of beginning Inventory 703 Percentage completion of ending inventory 70% 30% The cost of beginning inventory according to the company's costing system was $7,885 of which $4.814 was for materials and the remainder was for conversion cost. The costs added during the month amounted to 5178,410 The costs per equivalent unit for the month were eBook Materials $18.00 Cost per equivalent unit Conversion $23.00 Print References Required: 1. Compute the total cost per equivalent unit for the month 2. Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory 4. Compute the number of units started and completed during the month 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. (Round your intermediate calculations to 2 decimal places) Materials Conversion Total Cost of ending work in process inventory Required 4 Required 6 > 4 operations in one of the company's processing departments LUI Units In beginning Inventory 300 Units started into production 4.320 Units in ending Inventory 320 Units transferred to the next department 4.300 66 30% 30% Material Conversion Percentage completion of beginning inventory 70% Percentage completion of ending Inventory 70% The cost of beginning inventory according to the company's costing system was $7885 of which $4,814 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $178.410. The costs per equivalent unit for the month were Book Material Conversion $18.00 523.00 Print Cost per equivalent unit Beerences Required: 1. Compute the total cost per equivalent unit for the month, 2. Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory 4. Compute the number of units started and completed during the month 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Total cost of units transferred out
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