need question 56 & 57 answered TAKE HOME PORTION Answer questions 54 to 57 with

Question

need question 56 & 57 answered

TAKE HOME PORTION Answer questions 54 to 57 with the following information. The following data relate to the Mixing Department of Dillard Company for a recent month: All materials are added at the beginning of the mixing process. Percent Complete with Respect to Processing 65% Beginning work in process inventory Units started into production.. Units completed and transferred out Ending work in process inventory Units 10,000 50,000 51,000 9,000 30% 54. Assuming that Dillard Company uses the FIFO method, the equivalent units for materials would be: A) 47,200 B) 50,000 C) 51,000 D) 59,000 55. Assuming that Dillard Company uses the FIFO method, the equivalent units for processing would be A) 47,200 B) 50,200 C) 51,000 D) 60,000 56. Assuming that Dillard Company uses the weighted-average method, the equivalent units for materials would be: A) 50,000 B) 51,000 C) 53,700 D) 60,000 57. Assuming that Dillard Company uses the weighted-average method, the equivalent units for processing would be A) 53,700 B) 51,000 C) 50,200 D) 47,200

Explanation / Answer

56

Answer is D 60000

57

Answer is A 53700

Physical Units % Material % Conversion Units completed 51000 100% 51000 100% 51000 Ending WIP 9000 100% 9000 30% 2700 Equivalent Units 60000 53700

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