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Unit costs in a process costing system are derived by

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9.Unit costs in a process-costing system are derived by using:A. in-process units.B. completed units.C. physical units.D.equivalent units.E. a measure of activity other than those listed above.
10.Bratton Corporation had 6,500 units of work in process on April 1. During April, 19,100units were completed and as of April 30, 5,100 units remained in production. How many unitswere started during April?
11.Which of the following data are needed to calculate total equivalent units under the weighted-average method?
12.St. Onge, Inc. uses a process-costing system. A newly-hired accountant identified thefollowing procedures that must be performed by the close of business on Friday:1—Calculation of equivalent units
2—Analysis of physical flows of units3—Assignment of costs to completed units and units still in process4—Calculation of unit costsWhich of the following choices correctly expresses the proper order of the preceding tasks?
Lakeland Chemical manufactures a product called Zing. Direct materials are added at thebeginning of the process, and conversion activity occurs uniformly throughout production. Thebeginning work-in-process inventory is 60% complete with respect to conversion; the endingwork-in-process inventory is 20% complete. The following data pertain to May:UnitsWork in process, May 115,000Units started during May60,000Units completed and transferred out68,000Work in process, May 317,000TotalDirectMaterialsConversionCostsCosts:Work in process, May 1$41,250$16,500$24,750Costs incurred during May234,63072,000162,630Totals$275,880$88,500$187,380

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Term
Spring
Professor
ARJAN KADAREJA
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