At the end of April, Department A at Tucson Company transferred all production to finished goods inventory. During May, the department started and fully completed 80 units. During June, beginning work in progress did not require any work with respect to direct materials and required 65% of conversion costs to be added. Manufacturing costs for May were as follows: Direct materials $11,960,000 Conversion costs $ 9,752,000 The cost per equivalent unit for direct materials was $92,000. How many units were brought into production in May? a) 106 b) 130 c) 236 d) The number cannot be determined without knowing whether Tucson uses the FIFO approach or the weighted average cost approach to costing.

In its first month's operations, Allred Company's Department 1 incurred charges of $2,160,000 for direct materials (90,000 units), $594,000 for direct labor, and $1,044,000 for manufacturing overhead. At month- end, 79,200 units had been finished and transferred out. The remaining units were finished with respect to material but only 25% complete with respect to conversion costs. Assuming Allred uses the weighted average method and that materials are added at the beginning of the process and conversion costs occur evenly, compute the following: The equivalent units of materials and conversion costs. The cost per equivalent unit of materials and conversion costs. The total cost assigned to the units transferred out. The total cost assigned to the ending inventory. Prove that your solutions to requirements (c) and (d) sum to the total costs to be accounted for. Round average cost per equivalent unit to two decimal places, if applicable. Round other answers to the nearest whole…

The Kirkland Department of Delta Company began the month of December with beginning work in process of 4,000 units that are 80% complete as to materials and 20% complete as to conversion costs. Units transferred out are 12,000 units. Ending work in process contains 2,000 units that are 80% complete as to materials and 60% complete as to conversion costs. Compute the equivalent units of production for materials using the FIFO method? a-10,000 b-12,000 c-12,400 d-10,400 e-12,800

2. The Finishing Department started the month with 500 units in process, received 2,000 units from the Assembly Department, and transferred 2,100 units to the finished goods storage area. All direct materials are added at the beginning of the process. The units in process at the end of the month are 45% complete with respect to conversion costs. The department uses the weighted-average method. The Finishing Department incurred the following costs: Added this month Total $ 25,000 $ 31,250 2,000 2,500 5,590 6,840 $ 32,590 $ 40,590 Transferred In Direct Materials Conversion Costs Total Beginning WIP $ 6,250 500 1,250 $ 8,000 1). How many units are still in process at the end of the month? 2). Compute the equivalent units of production for the Finishing Department. 3). Determine the cost per equivalent unit for transferred in, direct materials, and conversion costs. 4). Determine the cost to be transferred to Finished Goods Inventory.