Question : 61. Department S had no work in process at the beginning : 1246777

61. Department S had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900. The total cost of units completed during the period were: A. $117,000B. $143,400C. $121,000D. $127,450

62. The following production data were taken from the records of the Finishing Department for June: 

Inventory in process, 6-1,

  25% completed

1,500 units

Transferred to finished goods

  during June

5,000 units

Equivalent units of production

  during June

5,200 units

Determine the number of equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories.  Assume the completion percentage of 25% applies to both direct materials and conversion costs. A. 575 unitsB. 200 unitsC. 1,000 unitsD. 300 units

63. The debits to Work in Process–Assembly Department for April, together with data concerning production, are as follows: 

April 1, work in process:

  Materials cost, 3,000 units

$  8,000

  Conversion costs, 3,000 units,

    66.7% completed

6,000

Materials added during April, 10,000 units

30,000

Conversion costs during April

31,000

Goods finished during April, 11,500 units

—

April 30 work in process, 1,500 units,

  50% completed

—

All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The materials cost per equivalent unit for April is: A. $3.00B. $3.80C. $2.92D. $2.31

64. Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $32,450 and factory overhead was $18,710. The number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories was: A. 15,650B. 14,850C. 14,150D. 14,650

65. Department A had 1,000 units in Work in Process that were 60% completed at the beginning of the period at a cost of $7,000. 4,000 units of direct materials were added during the period at a cost of $8,200. 4,500 units were completed during the period, and 500 units were 40% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $28,700 and factory overhead was $4,510. The cost of the 500 units in process at the end of the period if the first-in, first-out method is used to cost inventories was: A. $3,240B. $5,175C. $2,569D. $2,645

66. In the manufacture of 10,000 units of a product, direct materials cost incurred was $145,800, direct labor cost incurred was $82,000, and applied factory overhead was $45,500. What is the total conversion cost? A. $127,500B. $145,800C. $272,200D. $273,300

67. If Department H had 600 units, 60% completed, in process at the beginning of the period, 8,000 units were completed during the period, and 500 units were 30% completed at the end of the period, what was the number of equivalent units of production for the period if the first-in, first-out method is used to cost inventories? A. 7,790B. 8,390C. 8,600D. 8,000

68. If Department K had 2,500 units, 45% completed, in process at the beginning of the period, 15,000 units were completed during the period, and 1,200 units were 40% completed at the end of the period, what was the number of equivalent units of production for the period if the first-in, first-out method is used to cost inventories? A. 16,855B. 16,605C. 13,460D. 14,355

69. Department A had 4,000 units in work in process that were 60% completed as to labor and overhead at the beginning of the period, 29,000 units of direct materials were added during the period, 31,000 units were completed during the period, and 2,000 units were 80% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was: A. 30,200B. 29,800C. 33,800D. 33,000

70. Department A had 4,000 units in work in process that were 60% completed as to labor and overhead at the beginning of the period, 29,000 units of direct materials were added during the period, 31,000 units were completed during the period, and 2,000 units were 80% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for material costs for the period was: A. 33,000B. 29,800C. 29,000D. 32,000