Question Hep Charle Chairns Inc, manufactures plastic moldings for car seats. It

Question

Question Hep Charle Chairns Inc, manufactures plastic moldings for car seats. Its cosing syslem utizes two cost categories, direct materials and contversion costs. Each product mut pass through Department A and Department & Covers cosis are alocated evenly throughout production Data for Dlepartment A for Februany 2017 are Work n process, beginning imaentry, 50% complete fr msteron 25% complete fat comestn 400 units Unvts started during February work n proess, enarg riiftofy 40% complete for materia 5, 10% complete for emerson 250 unts Costs for Department A for Februsry 2017 are Wark in process, beginning im-entory

Explanation / Answer

Answer is B. 1050

Explanation: FIFO method applies:

UNITS TO ACCOUNT FOR: Beginning Work in Process units 400 Add: Units Started in Process 1,000 Total Units to account for: 1,400 UNITS TO BE ACCOUNTED FOR: Units completed from Beginning WIP 400 Units started and completed 750 Ending Work in Process 250 Total Units to be accounted for: 1,400 Equivalent Units: Material Cost % Completion Units Units completed from Beg. WIP 50% 200 Units started and completed 100% 750 Ending Work in Process 40% 100 Total Equivalent units 1,050

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.