Abhaliya 3. Athena Inc. manufactures a single product. The following information is available for the first department for July.Production:Units in process, July 1, 75% completeUnits completed and transferred out30,00075,00015,000Units in process, July 31, 25% completeCalculate the Units Started and Completed for July if the company follows the weighted average method.4a. 60,000 unitsb. 75,000 unitsc. 45,000 unitsd. 90,000 units

Name: Abhaliya 3. Athena Inc. manufactures a single product. The following i
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Description: Abhaliya 3. Athena Inc. manufactures a single product. The following information is available for the first department for July.Production:Units in process, July 1, 75% completeUnits completed and transferred out30,00075,00015,000Units in process, Ju

The equivalent units are calculated on the basis of the percentage of the work completed during the…

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3. Athena Inc. manufactures a single product. The following information is available for the first department for July. Production: Units in process, July 1, 75% complete Units completed and transferred out Units in process, July 31, 25% complete Calculate the Units Started and Completed for July if the company follows the weighted average method. 4 a. 60,000 units b. 75,000 units c. 45,000 units d. 90,000 units 30,000 75,000 15,000

3. Athena Inc. manufactures a single product. The following information is available for the first department for July. Production: Units in process, July 1, 75% complete Units completed and transferred out Units in process, July 31, 25% complete Calculate the Units Started and Completed for July if the company follows the weighted average method. 4 a. 60,000 units b. 75,000 units c. 45,000 units d. 90,000 units 30,000 75,000 15,000

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter5: Process Cost Accounting—general Procedures

Section: Chapter Questions

Problem 6E: The records of Burris Inc. reflect the following data: Work in process, beginning of month2,000...

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Ardt-Barger has a beginning work in process inventory of 5.500 units and transferred in 25,000 units before ending the month with 3.000 u flits that were 100% complete with regard to materials and 80% complete with regard to conversion costs. The cost per unit of material is $5.45, and the cost per unit for conversion is $6.20 per unit, Using the weighted-average method, prepare the companys process cost summary for the month.
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The records of Stone Inc. reflect the following data: Work in process, beginning of month4,000 units one-fourth completed at a cost of 2,500 for materials, 1,400 for labor, and 1,800 for overhead. Production costs for the monthmaterials, 130,000; labor, 70,000; and factory overhead, 82,000. Units completed and transferred to stock45,000. Work in process, end of month5,000 units, one-half completed. Compute the months unit cost for each element of manufacturing cost and the total per unit cost. (Round unit costs to three decimal places.)
The records of Burris Inc. reflect the following data: Work in process, beginning of month2,000 units one-half completed at a cost of 1,250 for materials, 675 for labor, and 950 for overhead. Production costs for the monthmaterials, 99,150; labor, 54,925; factory overhead, 75,050. Units completed and transferred to stock38,500. Work in process, end of month3,000 units, one-half completed. Compute the months unit cost for each element of manufacturing cost and the total per unit cost.
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