Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. units (rolls of wallpaper) beginning work in proce

Units (Rolls of Wallpaper) Beginning Work in Process Inventory 70 sheets Transferred in from spinning...

90.2K

Verified Solution

Question

Accounting

Units (Rolls of Wallpaper)

Beginning Work in Process Inventory 70 sheets

Transferred in from spinning in April 550 sheets

Completed during April 480 sheets

Ending Work in Process Inventory (80% complete for conversion work) 140 sheets

Costs

April beginning Dyeing dept. Work in process Inventory $10,700

(costs is made up transferred in $4,000 plus March dyeing materials cost $1,400 & conversion cost $5,300)

Transferred in from the spinning dept. in April $23,280

Direct Material Cost added during April $14,100

Conversion Costs during April $52,716

Determine the units to be accounted for and the units you have accounted for

Units TO be Accounted For

Beginning Work in Progess 70

Started in Producyion during month 550

Units TO be Accounted For 620

Units Accounted For

Beginning Work in Process Inventory 70

Units Started and Completed During the month ?

Ending work in process inventory ?

Units Accounted For 620

Step 2 Calculate equivlent units of production

whole Units Added in April Equivalent Units

Beginning WIP Inventory 0 0

Units Started 100% 410

Ending WIP Inventory ? 100

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

State the null and alternative hypotheses for each conjecture. a. A researcher thinks that if expectant mother...

Statistics
Q

Find the real Fourier series of the piece-wise continuous periodic function f(x)=1+x+x^2 -pi

Advance Math
Q

Discuss the different types of managed care plans. Compare and contrast HMO versus PPO. What are...

Physics
Q

Goodfellow & Perkins gained a new client, Brookwood Pines Hospital (BPH), a private, not-for-profit hospital. The...

Accounting
Q

Question 13 Pyruvate is converted to ethyl alcohol lactic acid educed electron carriers acetyl coenzyme...

Biology
Q

A one to one function is given Write an equation for the inverse function n...

Calculus
Q

Calculate the change of enthalpy for the reaction CH4 g NH3 g HCN g 3H2...

Algebra
Q

Find the area of the triangle ABC a 12 62 in b 5 16 in...

Algebra
Q

Martinez Inc. reports the following incomes (losses) for both book and tax purposes (assume the...

Accounting
Q

I'm not sure how to do May 31, I'm pretty sure the rest...

Accounting
Q

Determine the expenses for August based on the following data, (Click on the icon to...

Accounting
Q

what is a continouse budget

Accounting