Heller Corporation uses the weighted-average method in itsprocess costing system. Data concerning the first processingdepartment for the most recent month are listed below:
Beginning work inprocess inventory: Units in beginning work in processinventory 2,000 Materials costs $14,400 Conversion costs $11,200 Percent complete with respect tomaterials 65% Percent complete with respect toconversion 30% Units started intoproduction during the month 36,800 Units transferred tothe next department during the month 33,200 Materials costsadded during the month $277,500 Conversion costsadded during the month $443,900 Ending work inprocess inventory: Units in ending work in processinventory 5,600 Percent complete with respect tomaterials 60% Percent complete with respect toconversion 25%
What are the equivalent unitsfor materials for the month in the first processingdepartment?
3,360 units
33,200 units
38,800 units
36,560 units
Heller Corporation uses the weighted-average method in itsprocess costing system. Data concerning the first processingdepartment for the most recent month are listed below: |
| Beginning work inprocess inventory: | |
| Units in beginning work in processinventory | 2,000 |
| Materials costs | $14,400 |
| Conversion costs | $11,200 |
| Percent complete with respect tomaterials | 65% |
| Percent complete with respect toconversion | 30% |
| Units started intoproduction during the month | 36,800 |
| Units transferred tothe next department during the month | 33,200 |
| Materials costsadded during the month | $277,500 |
| Conversion costsadded during the month | $443,900 |
| Ending work inprocess inventory: | |
| Units in ending work in processinventory | 5,600 |
| Percent complete with respect tomaterials | 60% |
| Percent complete with respect toconversion | 25% |
| What are the equivalent unitsfor materials for the month in the first processingdepartment? |
3,360 units
33,200 units
38,800 units
36,560 units
Related questions
Hache Corporation uses the weighted-average method in itsprocess costing system. Data concerning the first processingdepartment for the most recent month are listed below:
| Beginning work in processinventory: | ||
| Units in beginning work in processinventory | 800 | |
| Materials Costs | $ | 8,200 |
| Conversion Costs | $ | 8,000 |
| Percent complete with respect tomaterials | 50% | |
| Percent complete with respect toconversion | 35% | |
| Units started into production during the month | 5,600 | |
| Units transferred to the next department during themonth | 4,800 | |
| Materials costs added during the month | $ | 90,500 |
| Conversion costs added during the month | $ | 125,800 |
| Ending work in process inventory: | ||
| Units in ending work in processinventory | 1,600 | |
| Percent complete with respect tomaterials | 50% | |
| Percent complete with respect toconversion | 30% |
The cost of ending work in process inventory in the firstprocessing department according to the company's cost system isclosest to: (Do not round Cost per equivalentunit.)
Heller Corporation uses the weighted-average method in itsprocess costing system. Data concerning the first processingdepartment for the most recent month are listed below: |
| Beginning work inprocess inventory: | |
| Units in beginningwork in process inventory | 1,300 |
| Materials costs | $13,500 |
| Conversioncosts | $8,200 |
| Percent completewith respect to materials | 65% |
| Percent completewith respect to conversion | 30% |
| Units started intoproduction during the month | 9,700 |
| Units transferred tothe next department during the month | 8,600 |
| Materials costsadded during the month | $90,414 |
| Conversion costsadded during the month | $148,660 |
| Ending work inprocess inventory: | |
| Units in ending workin process inventory | 2,400 |
| Percent completewith respect to materials | 60% |
| Percent completewith respect to conversion | 25% |
Note: Your answers may differ from those offered below due torounding error. In all cases, select the answer that is the closestto the answer you computed. |
The total cost transferred from the first processing departmentto the next processing department during the month is closest to:(Round your cost per equivalent unit answers to 2 decimalplaces.) |
