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Author Question: Use the information below to answer the following questions:At Polson Company, materials are added ... (Read 194 times)

littleanan

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on: Jan 5, 2020
Use the information below to answer the following questions:

At Polson Company, materials are added at the beginning of the process and conversion costs are added uniformly.

Work in process, beginning:​
Number of units8,000
Transferred-in costs$88,000
Direct materials (100%)$18,500
Conversion costs (70%)$24,700
Units transferred-in:​
Number of units45,000
Transferred-in costs$630,000
Units completed42,000
Costs during the period:​
Direct materials$157,500
Conversion costs$230,725
Work in process, ending:​
Number of units11,000
(100% complete for materials and 45% complete for conversion)​

On March 31, what is the total number of physical units to account for at Polson Company?
◦ 45,000
◦ 53,000
◦ 42,000
◦ 39,000
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Marked as best answer by littleanan on Jan 5, 2020

memslove

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Reply #1 on: Jan 5, 2020
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.
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littleanan

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Reply #2 on: Jan 5, 2020
Use the information below to answer the following questions:

At Polson Company, materials are added at the beginning of the process and conversion costs are added uniformly.

Work in process, beginning:​
Number of units8,000
Transferred-in costs$88,000
Direct materials (100%)$18,500
Conversion costs (70%)$24,700
Units transferred-in:​
Number of units45,000
Transferred-in costs$630,000
Units completed42,000
Costs during the period:​
Direct materials$157,500
Conversion costs$230,725
Work in process, ending:​
Number of units11,000
(100% complete for materials and 45% complete for conversion)​

On March 31, what would be the total equivalent units for direct materials at Polson Company?
◦ 42,000
◦ 50,000
◦ 53,000
◦ 39,000


amit

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Reply #3 on: Jan 5, 2020
53,000


Bob-Dole

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Reply #4 on: Jan 5, 2020
Use the information below to answer the following questions:

At Polson Company, materials are added at the beginning of the process and conversion costs are added uniformly.

Work in process, beginning:​
Number of units8,000
Transferred-in costs$88,000
Direct materials (100%)$18,500
Conversion costs (70%)$24,700
Units transferred-in:​
Number of units45,000
Transferred-in costs$630,000
Units completed42,000
Costs during the period:​
Direct materials$157,500
Conversion costs$230,725
Work in process, ending:​
Number of units11,000
(100% complete for materials and 45% complete for conversion)​

At Polson Company the total cost of units remaining in ending WIP inventory is closest to
◦ $212,477.
◦ $225,301.
◦ $245,391.
◦ $63,458.


jaygar71

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Reply #5 on: Jan 5, 2020
$212,477.


meagbuch

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Reply #6 on: Jan 5, 2020
Use the information below to answer the following questions:

At Polson Company, materials are added at the beginning of the process and conversion costs are added uniformly.

Work in process, beginning:​
Number of units8,000
Transferred-in costs$88,000
Direct materials (100%)$18,500
Conversion costs (70%)$24,700
Units transferred-in:​
Number of units45,000
Transferred-in costs$630,000
Units completed42,000
Costs during the period:​
Direct materials$157,500
Conversion costs$230,725
Work in process, ending:​
Number of units11,000
(100% complete for materials and 45% complete for conversion)​

At Polson Company the total cost of units transferred to finished goods is closest to
◦ $1,149,425.
◦ $1,003,873.
◦ $936,948.
◦ $367,967.


guyanai

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  • Posts: 349
Reply #7 on: Jan 5, 2020
$936,948.


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