Sheridan's Manufacturing has 7200 units in beginning Work in Process, 25% complete as to conversion...
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Sheridan's Manufacturing has 7200 units in beginning Work in Process, 25% complete as to conversion costs, 14600 units transferred out to Finished Goods, and 2100 units in ending Work in Process 5% complete as to conversion costs. Materials are fully added at the beginning of the process. How much are equivalent units for materials if the FIFO method is used? 23900 19700 14600 9500 Bramble's Manufacturing has 6800 units in beginning Work in Process, 20% complete as to conversion costs, 16200 units transferred out to Finished Goods, and 2400 units in ending Work in Process 15% complete as to conversion costs. Materials are fully added at the beginning of the process. How much are equivalent units for conversion costs if the FIFO method is used? 17920 17560 15200 15160 The Wrapping Department's output during the period consists of 11400 units completed and transferred out, and 300 units in ending Work in Process that were 80% complete as to materials and conversion costs. Beginning inventory was 1000 units that were 30% complete as to materials and conversion costs. Under the FIFO method, what are the equivalent units of production for materials? 11940 12340 11640 11340 Vaughn Company has unit costs of $6 for materials and $14 for conversion costs. There are 3900 units in ending Work in Process which are 25% complete as to conversion costs, and fully complete as to materials cost. How much is the total cost assignable to the ending Work in Process inventory if the FIFO method is used? $37050 $78000 $23400 $13650 Sheridan Company uses the FIFO method to calculate equivalent units. It has 1600 units in beginning Work in Process, 30% complete as to conversion costs and 40% complete as to materials costs, 25200 units started, and 3300 units in ending Work in Process, 30% complete as to conversion costs, and 70% complete as to materials cost. How much are the equivalent units for materials under the FIFO method? 25170 25200 25810 26800
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