A 138700 10 the following information is provided by

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a.138,700
10. The following information is provided by Alexandria Corporation:WIP Inventory, January 10 units
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Chapter 15 / Exercise 16-6
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Units started14,000Units completed and transferred out9,000WIP inventory, December 315,000Direct Materials$28,000Direct Labor$18,000Manufacturing Overhead$7,500The units in ending WIP inventory were 75% complete for materials and 50%complete for conversion cotsWhat are the total equivalent units for direct materials?
11. The five steps of the process costing procedure are scrambled below:1.Assign total costs to units completed and to units in ending WIPinventory2.Summarize total costs to account for3.Compute the cost per equivalent unit4.Summarize the flow of physical units5.Compute output in terms of equivalent unitsThe correct order for these steps is:12. At Hodgson corporation, direct materials are added at the beginning of
the process and conversions costs are uniformly applied. Other detailsincludeBeginning WIP direct materials$32,000Beginning WIP conversion costs$20,250Costs of materials added$384,100Costs of conversions added$ 271,125WIP beginning (50% for conversion)19,200 unitsUnits started119,500 unitsUnits completed and transferred out115,700 unitsWIP ending (60% for conversion)23,000 unitsWhat is the total cost of units remaining in ending WIP?
13. At Hodgson corporation, direct materials are added at the beginning ofthe process and conversions costs are uniformly applied. Other detailsincludeBeginning WIP direct materials$32,000Beginning WIP conversion costs$20,250Costs of materials added$384,100Costs of conversions added$ 271,125WIP beginning (50% for conversion)19,200 units
Units started119,500 unitsUnits completed and transferred out115,700 unitsWIP ending (60% for conversion)23,000 unitsWhat is the cost per equivalent unit for direct materials?
14. A business has 175 full-time workers who work 8 hours per day. Theyhave 130 part-time workers who work 4 hours per day. What is thenumber of full-time equivalent employees?15. At Panther Company, materials are added at the beginning of the process
and conversion costs are added uniformlyWork in process, beginning:Number of unit9,000Transferred- in cost$94,000Direct materials (100%)$22,500Conversion costs (75%)$25,400Units transferred-in:Number of units47,500Transferred-in costs$640,500Units Completed43,000Costs during the period:Direct Materials$155,475Conversion costs$213,225Work in process, ending:Number of units13,500(100% complete for materials and 35% complete for conversion)The total cost of units remaining in ending WP inventory is closest to
16. In a process system, direct labor and Manufacturing Overhead arenormally17. Which of the following is the last step of the 5-step process costing
procedure?a.Summarize total costs to account forb.Assign total costs to units completed and to units in endingWIP inventoryc.Summarize the flow of physical unitsd.Compute the cost per equivalent unit18. A transfer of $30,000 from the assembly department to the packaging
department world require the entry of

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Chapter 15 / Exercise 16-6
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