The Rolling department of kraus steel company had 5,100 tons in beginning work in process inventory ( 60% complete) on October 1st. During October, 84500 tons were completed. The ending work in process inventory on October 31 was 4,200 tons (10% complete).  What are the total equivalent units for direct materials for October if materials are added at the beginning of the process? ________ UNITS

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Q: The Rolling Department of Oak Ridge Steel Company had 4,800 tons in beginning work in process…

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Q: The Rolling Department of Kraus Steel Company had 3,000 tons in beginning work in process inventory…

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Q: Process Cost Journal Entries In October, the cost of materials transferred into the Rolling…

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Q: Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the…

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Q: Equivalent Units of Conversion Costs The Rolling Department of Blackrock Steel Company had 800 tons…

A: The Total Equivalent units for conversion costs = 13,140 tons   Refer step 2 for calculation.

Q: The Rolling Department of Kraus Steel Company had 4,140 tons in beginning work in process inventory…

A: Equivalent units is arrived by multiplying units on hands with percentage of completion.

Q: Computing EUP The Mixing Department of Complete Foods had 62,000 units to account for in October. Of…

A:

Q: Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 2,900 tons in…

A: Equivalent units of material  = units completed during the year + Ending inventory- Beginning…

Q: What are the total equivalent units for direct materials if materials are added at the beginning of…

A:

Q: The rolling department of Kraus steel company had 4746 tons in beginning work in process…

A: Units started and completed during the month = Units completed during the month -  Beginning work in…

Q: What are the total equivalent units for direct materials for October if materials are added at the…

A: Equivalent Units Completed units of direct materials and conversion cost of beginning work in…

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A: Formula: Units completed and transferred = During the period completed units - beginning work in…

Q: Oak Ridge Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots…

A: Process costing is used where the product is generated through multiple processes. It is mainly used…

Q: quivalent Units of Materials Cost he Rolling Department of Kraus Steel Company had 2,900 tons in…

A: Since materials are introduced in the beginning of process, both the beginning work in process and…

Q: Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 6,770…

A: Process costs: It is a method of cost accounting, which is used where the production is continuous,…

Q: Equivalent Units of Materials Cost The Rolling Department of Blackrock Steel Company had 800 tons…

A: Units started and completed = Total units completed - Beginning work in process = 12700 - 800 =…

Q: COST ACCOUNTING Santa Lucia Corp. produces product A and product B. It has two departments that…

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A: Here we will convert each stage units into equivalent units as per given info as…

Q: 2. Jones Corporation uses a first-in, first-out (FIFO) process cost system. Jones has the following…

A: FIFO is a technique of valuing inventories wherein objects sold or to use are generally priced at…

Q: Process Cost Journal Entries In October, the cost of materials transferred into the Rolling…

A: JOURNAL ENTRIES  S.NO PARTICULARS  DEBIT ($) CREDIT ($) A1 . WORK IN PROCESS - ROLLING $556,500…

Q: The following information pertains to the month of July for Stanley Company: Beginning work in…

A: Units started and completed  = Units completed - Beginning WIP = 60,000 - 10,000 = 50,000 units…

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A: Equivalent units in beginning work in process inventory completed during the month = 5,340 tons x…

Q: Materials costs of $1140000 and conversion costs of $1530000 were charged to a processing department…

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Q: Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 4,200 tons in…

A: Equivalent units is generally used in Process Costing .  In Process type…

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A: Compute the equivalent units for direct materials.

Q: Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 8,448 tons…

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Q: Ighted-average method in its process costing system. Information for the month of May concerning…

A: The equivalent units are calculated on the basis of percentage of work completed during the period.

Q: Units to be assigned costs  Fortress Steel Company has two departments, Casting and Rolling. In the…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: The Rolling Department of Oak Ridge Steel Company had 4,830 tons in beginning work in process…

A: In most of the process industries like, Paper, medicines, soaps, chemicals, rubber, etc. where…

Q: Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 3,800 tons in…

A: Equivalent Units of Production = (Units transferred x 100% + (Units of ending work in process x…

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Q: Equivalent units of materials cost…

A: Direct material is the cost which is incurred on the materials directly involved in the manufacture…

Q: The Rolling Department of Oak Ridge Steel Company had 2,900 tons in beginning work in process…

A: It is given that the beginning inventory units are 2,900 tons, during July total completed units are…

Q: Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 200 tons in…

A: Process costs: It is a method of cost accounting, which is used where the production is continuous,…

Q: Equivalent Units of Production—Weighted-Average Method Clonex Labs, Inc., uses the weighted-average…

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A: “Since you have posted a question with multiple sub-parts, we will solve first five subparts for…

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A: Equivalent units is computed by multiplying the actual units with the completion percentage.

Q: b. Department B is the second stage of Boswell Corporation's production cycle. On November 1,…

A: b.           Units completed and transferred out             Units completed and…