Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the...
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Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1B Req 1C Using the weighted-average method of process costing, reconcile the number of physical units worked on during the p Physical Units Physical Units Req 1A Beginning Units Units Started Total I Inte Req 1D Units Completed Ending Units Total I inite Beginning work in process (28% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs Direct materials Conversion cost Total current period costs Units 41,000 76,000 74,000 Costs $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 Beginning work in process (28% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started i Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs. Direct materials Conversion cost Total current period costs c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Units Completed Ending Inventory Required: 1. Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. Req 1C Req 1D Physical Units Units 41,000 Direct Materials 76,000 74,000 Using the weighted-average method of process costing, calculate the number of equivalent units. Equivalent Units Conversion Costs $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 Beginning work in process (28% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs Direct materials Conversion cost Total current period costs c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 18 Required: 1. Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. Cost per Equivalent Unit Req 10 Req 1D Req 1A Using the weighted-average method of process costing, calculate the cost per equivalent unit. Note: Round Cost per Equivalent Unit to 5 decimal places. Direct Materials Pea 19 Units 41,000 Conversion 76,000 74,000 Peg 10 Costs $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 05 tes Beginning work in process (28% complete) Direct materials. Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs Direct materials Conversion cost Total current period costs Complete this question by entering your answers in the tabs below. Req 1A Required: 1. Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Req 18. Units Completed Ending Inventory Req 1C Req ID 41,000 Direct Materials 76,000 ? 74,000 Conversion Using the weighted-average method of process costing, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dolla amount. $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 Total Cost Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1B Req 1C Using the weighted-average method of process costing, reconcile the number of physical units worked on during the p Physical Units Physical Units Req 1A Beginning Units Units Started Total I Inte Req 1D Units Completed Ending Units Total I inite Beginning work in process (28% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs Direct materials Conversion cost Total current period costs Units 41,000 76,000 74,000 Costs $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 Beginning work in process (28% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started i Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs. Direct materials Conversion cost Total current period costs c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Units Completed Ending Inventory Required: 1. Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. Req 1C Req 1D Physical Units Units 41,000 Direct Materials 76,000 74,000 Using the weighted-average method of process costing, calculate the number of equivalent units. Equivalent Units Conversion Costs $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 Beginning work in process (28% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs Direct materials Conversion cost Total current period costs c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 18 Required: 1. Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. Cost per Equivalent Unit Req 10 Req 1D Req 1A Using the weighted-average method of process costing, calculate the cost per equivalent unit. Note: Round Cost per Equivalent Unit to 5 decimal places. Direct Materials Pea 19 Units 41,000 Conversion 76,000 74,000 Peg 10 Costs $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 05 tes Beginning work in process (28% complete) Direct materials. Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (50% complete) Current period costs Direct materials Conversion cost Total current period costs Complete this question by entering your answers in the tabs below. Req 1A Required: 1. Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Req 18. Units Completed Ending Inventory Req 1C Req ID 41,000 Direct Materials 76,000 ? 74,000 Conversion Using the weighted-average method of process costing, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dolla amount. $ 31,000 95,000 $ 126,000 $ 86,000 164,000 $ 250,000 Total Cost
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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