This topic contains a solution. Click here to go to the answer

Author Question: Jansen Company uses the weighted-average method for process costing. Direct materials are added at ... (Read 47 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
Jansen Company uses the weighted-average method for process costing. Direct materials are added at the beginning of the process and conversion costs are uniformly applied.  Other details include:

WIP beginning (40% for conversion)22,500 units
Units started 130,000 units
Units completed and transferred out124,000 units
WIP ending (60% for conversion)28,500 units
Beginning WIP direct materials$51,900
Beginning WIP conversion costs$20,174
Costs of materials added$430,000
Costs of conversion added$310,000

Required:

A. What are the total equivalent units for direct materials?
B.  What are the total equivalent units for conversion costs?
C. What is the cost per equivalent unit for direct materials?
D. What is the cost per equivalent unit for conversion costs?
E. What is the total cost of units completed and transferred out?
F. What is the total cost of units remaining in ending WIP?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by penguins on Jan 5, 2020

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly




penguins

  • Member
  • Posts: 903
Reply 2 on: Jan 5, 2020
Thanks for the timely response, appreciate it


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library