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Author Question: Use the information below to answer the following questions:Brooks Corporation uses the ... (Read 72 times)

karateprodigy

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

Brooks Corporation uses the weighted-average method for process costing and has two sequential processing departments: Assembly then Shaping.  The Shaping Department reports the following information.

Beginning WIP inventory6,000 units
Transferred-in costs in beginning WIP inventory$108,000
Direct materials cost in beginning WIP inventory$26,500
Conversion costs in beginning WIP inventory$20,750
Units transferred-in55,000 units
Transferred-in costs$530,000
Units completed50,000
Costs added:  direct materials$163,500
Costs added:  conversion costs$225,300
Ending WIP inventory11,000 units
(50% complete for materials and 40% complete for conversion)​

What is the total number of equivalent units for conversion costs at Brooks Corporation?
◦ 61,000
◦ 54,400
◦ 59,400
◦ 52,400
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Marked as best answer by karateprodigy on Jan 5, 2020

leahm14

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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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big1devin

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

Brooks Corporation uses the weighted-average method for process costing and has two sequential processing departments: Assembly then Shaping.  The Shaping Department reports the following information.

Beginning WIP inventory6,000 units
Transferred-in costs in beginning WIP inventory$108,000
Direct materials cost in beginning WIP inventory$26,500
Conversion costs in beginning WIP inventory$20,750
Units transferred-in55,000 units
Transferred-in costs$530,000
Units completed50,000
Costs added:  direct materials$163,500
Costs added:  conversion costs$225,300
Ending WIP inventory11,000 units
(50% complete for materials and 40% complete for conversion)​

At Brooks Corporation the total cost of units in ending WIP inventory-Shaping would be closest to
◦ $38,730
◦ $110,433
◦ $202,460
◦ $153,779


Benayers

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Reply #3 on: Jan 5, 2020
$153,779


melina_rosy

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

Brooks Corporation uses the weighted-average method for process costing and has two sequential processing departments: Assembly then Shaping.  The Shaping Department reports the following information.

Beginning WIP inventory6,000 units
Transferred-in costs in beginning WIP inventory$108,000
Direct materials cost in beginning WIP inventory$26,500
Conversion costs in beginning WIP inventory$20,750
Units transferred-in55,000 units
Transferred-in costs$530,000
Units completed50,000
Costs added:  direct materials$163,500
Costs added:  conversion costs$225,300
Ending WIP inventory11,000 units
(50% complete for materials and 40% complete for conversion)​

At Brooks Corporation the total cost of units transferred to finished goods would be closest to
◦ $397,320
◦ $920,271
◦ $918,800
◦ $1,012,298


JaynaD87

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Reply #5 on: Jan 5, 2020
$920,271


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