Figure 6 19 Mountainside Industries manufactures specialized plastic boxes in

Figure 6 19 mountainside industries manufactures

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156. Figure 6-19Mountainside Industries manufactures specialized plastic boxes in two processes: Molding and Packaging. In the Packaging Department, materials are added at the end of the process. The following data are given:CostsUnitsTrans.-inMaterialsConv.Work in process, July 130$1,590$-0-$513Transferred in during July?Completed during July105Work in process, July 3115Costs added during July$4,410$1,050$1,767
The conversion process on the beginning inventory is 70 percent completed and the ending inventory is 60 percent completed.Refer to Figure 6-19. Rounded to two decimal places, Mountainside's cost per equivalent units for transferred-in costs using weighted average would be157. Figure 6-19Mountainside Industries manufactures specialized plastic boxes in two processes: Molding and Packaging. In the Packaging Department, materials are added at the end of the process. The following data are given:CostsUnitsTrans.-inMaterialsConv.Work in process, July 130$1,590$-0-$513Transferred in during July?Completed during July105Work in process, July 3115Costs added during July$4,410$1,050$1,767The conversion process on the beginning inventory is 70 percent completed and the ending inventory is 60 percent completed.Refer to Figure 6-19. Rounded to two decimal places, Mountainside's costs transferred out using weighted average would be158. The costing system that uses job-order costing to assign material costs and process costing to assign conversion costs is called:
159. When job-order costing is used to assign material costs and process costing is used to assign conversion costs, it is called 160. Figure 6-20Outrageous Cups Corp. manufactures cups. The company's manufacturing operations and costs applied to products for April were:MoldingHeat-treatFinishingDirect labor$25,000$12,500$ 7,500Factory overhead30,00017,50012,600Total$55,000$30,000$20,100Three types of cups were produced in April. The quantities and direct materials costs were:TypeQuantityDirect MaterialsCasts5,000$15,000 Cups7,00022,470Mugs8,00032,500Casts are produced in the Molding Department. Cups pass through the Molding and Finishing Departments. Mugs pass through all three departments. An operations costing system is used.Refer to Figure 6-20. What is Outrageous Cups' conversion cost per unit for the heat-treat operation, rounded to two decimal places?

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