Professional Documents
Culture Documents
Problem # 1: Your Answer
Problem # 1: Your Answer
Write the answers on the following questions based on the EUP schedule prepared for Landers Company.
2 points
Your answer
What is the Equivalent units of production using FIFO method for Materials *
2 points
Your answer
What is the Equivalent units of production using FIFO method for Coversion Cost *
2 points
Your answer
What is the total Units Accounted For using Weighted Average method *
2 points
Your answer
What is the Equivalent units of production using Weighted Average method for Materials *
2 points
Your answer
What is the Equivalent units of production using Weighted Average method for Conversion Cost *
2 points
Your answer
Problem # 2
Write the answers on the following questions based on the computation for cost per equivalent unit prepared for Landers
Company.
What is the cost per equivalent unit for Materials using FIFO method? *
2 points
Your answer
What is the cost per equivalent unit for Conversion Cost using FIFO method? *
2 points
Your answer
What is the total cost per equivalent unit using FIFO method? *
2 points
Your answer
What is the cost per equivalent unit for Materials using Weighted Average method? *
2 points
Your answer
What is the cost per equivalent unit for Conversion Cost using Weighted Average method? *
2 points
Your answer
What is the total cost per equivalent unit using Weighted Average method? *
2 points
Problem # 3
Write the answers on the following questions based on the schedule for assignment of costs prepared for Landers Company.
Your answer
Your answer
Your answer
What is the total cost of ending inventory using Weighted Average method? *
2 points
Your answer
What is the total cost accounted for using Weighted Average method? *
2 points
Problem # 4
Write the answers on the following questions based on the EUP schedule prepared for both departments in The Sweet
Temptations Company using Weighted Average and FIFO Method.
What is the total EUP of Materials in Cooking Department using Weighted Average method? *
2 points
Your answer
What is the total EUP of Conversion Costs in Coooking Department using Weighted Average
method? *
2 points
Your answer
What is the total EUP of Transferred In items to Packaging Department using Weighted Average
method? *
2 points
Your answer
What is the total EUP of Materials in Packaging Department using Weighted Average method? *
2 points
Your answer
What is the total EUP of Conversion Costs in Packaging Department using Weighted Average
method? *
2 points
Your answer
What is the total EUP of Materials in Cooking Department using FIFO method? *
2 points
Your answer
What is the total EUP of Conversion Costs in Coooking Department using FIFO method? *
2 points
Your answer
What is the total EUP of Transferred In items to Packaging Department using FIFO method? *
2 points
Your answer
What is the total EUP of Materials in Packaging Department using FIFO method? *
2 points
Your answer
What is the total EUP of Conversion Costs in Packaging Department using FIFO method? *
2 points
Your answer
Problem # 5
Write the answers on the following questions based on the requirement for Department 2 of Hughes Company using Weighted
Average and FIFO Method.
What is the Unit Cost of Transferred In items using Weighted Average Method? *
2 points
Your answer
Your answer
What is the Unit Cost of Coonversion Costs using Weighted Average Method? *
2 points
Your answer
Your answer
What is the Total Cost of WIP, end using Weighted Average Method? *
2 points
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Problem # 6
Write the answers on the following questions based on the requirement of Department A and Department B.
Your answer
What is the EUP of Conversion Costs for Department A using FIFO Method? *
2 points
Your answer
What is the number of units of good product completed during August for Department B? *
2 points
Your answer
What is the the number of units in process on August 31 for Department B? *
2 points
Your answer
Your answer
Your answer
What is the EUP of Conversion Costs for Department B using FIFO Method? *
2 points
Your answer
Problem # 7
Write the answers on the following questions based on the requirement for Department 2 of Quigley Company
What is the unit cost of Transferred In units using Weighted Average method for Department 2? *
2 points
What is the unit cost of Materials using Weighted Average method for Department 2? *
2 points
What is the unit cost of Conversion Costs using Weighted Average method for Department 2? *
2 points
What is the Department 2's cost of production transferred to finished goods using Weighted
Average method? *
2 points
What is the cost of WIP, end for Department 2 using Weighted Average method? *
2 points
What is the unit cost of Transferred In units using FIFO method for Department 2? *
2 points
What is the unit cost of Materials using FIFO method for Department 2? *
2 points
What is the unit cost of Conversion Costs using FIFO method for Department 2? *
2 points
What is the Department 2's cost of production transferred to finished goods using FIFO method? *
2 points
What is the cost of WIP, end for Department 2 using FIFO method? *
2 points
Problem # 8
Write the answers on the following questions based on the requirement for Finishing Department of Copperfield Manufacturing
What is the equivalent units of production for Transferred In units of Finishing Department? *
2 points
Your answer
Your answer
What is the equivalent units of production for Conversion Costs of Finishing Department? *
2 points
Your answer
Your answer
Your answer
The portion of the total transferred in cost associated with beginning Work in Process Inventory
amounted to $18,900. What is the current period cost that was transferred in from Assembly to
Finishing? *
2 points
Your answer
What is the cost associated with abnormal spoilage for the month? *
2 points
Your answer
Problem # 9
Write the answers on the following questions based on the requirement of Ashcroft Industries using the Weighted Average
Method.
What is the equivalent units of production for Transferred In units of Laminating Department? *
2 points
Your answer
Your answer
What is the equivalent units of production for Direct Labor of Laminating Department? *
2 points
Your answer
What is the equivalent units of production for Manufacturing Overhead Costs of Laminating
Department? *
2 points
Your answer
Your answer
What is the amount of Abnormal Loss of Laminating Department for the month? *
2 points
Your answer
What is the Cost of Goods Manufactured by Laminating Department for the month? *
2 points
Your answer
Problem # 10
Write the answers on the following questions based on the detailed cost of production report required for Cooking Department.
Use the FIFO method. Distinguish between normal and abnormal spoilage.
Your answer
Your answer
Your answer
Your answer
Your answer
What is the amount of Cost of Goods Manufactured for the current period? *
2 points
Your answer
Problem # 11
Write the answers on the following questions based on the requirement for Orange Company using FIFO method
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Problem # 12
Write the answers on the following questions based on the requirement for Delightful Yogurt Company using Weighted Average
method
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Problem # 12
Write the answers on the following questions based on the requirement for Delightful Yogurt Company using Weighted Average
method
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer
Your answer