1. The following information is available for the month of Aprilfrom the First department of the Armque Corporation:
| Units |
Work in process, April 1 (50% complete) | 90,000 |
Started in April | 250,000 |
Transferred to Second Department in April | 280,000 |
Work in process, April 30 (40% complete) | 60,000 |
Materials are added in the beginning of the process in the Firstdepartment. Using the average cost method, what are the equivalentunits of production for the month of April?
a. | 310,000 250,000 |
b. | 250,000 295,000 |
c. | 340,000 316,000 |
d. | 340,000 304,000 |
2. The following information is available for the month ofAugust from the First department of the Twigg Corporation:
| Units |
Work in process, August 1 (60% complete) | 50,000 |
Started in August | 190,000 |
Work in process, August 30 (40% complete) | 80,000 |
Materials are added in the beginning of the process in the Firstdepartment. Using the average cost method, what are the equivalentunits of production for the month of August?
a. | 192,000 240,000 |
b. | 190,000 192,000 |
c. | 240,000 208,000 |
d. | 240,000 192,000 |
3. Information concerningDepartment A of Ali Company for the month of June is asfollows:
| Units | Materials Costs |
|
Work in process, beginning of month | 20,000 | $14,550 |
Started in June | 85,000 | $66,300 |
Units completed | 90,000 | |
Work in process, end of month | 15,000 | |
All materials are added at the beginning of the process. Usingthe average cost method, the cost (rounded to two places) perequivalent unit for materials for June is:
a. | $0.74. |
b. | $0.90. |
c. | $0.77. |
d. | $0.78. |
4. Plemmon Company addsmaterials at the beginning of the process in the formingdepartment, which is the first of two stages of its productioncycle. Information concerning the materials used in the formingdepartment in April follows:
| Units | Materials Costs |
Work in process at April 1 | 15,000 | $ 8,000 |
Units started during April | 60,000 | $38,500 |
Units completed and transferred to next department during April | 65,000 | |
Using the average cost method, what is the materials cost of thework in process at April 30 (rounded to nearest dollar)?
a. | $7,154 |
b. | $6,200 |
c. | $7,750 |
d. | $6,417 |
5. The followinginformation is available for the month of April from the Firstdepartment of the Armque Corporation:
| Units |
Work in process, April 1 (50% complete) | 90,000 |
Started in April | 250,000 |
Transferred to Second Department in April | 280,000 |
Work in process, April 30 (40% complete) | 60,000 |
Materials are added at the end of the process in the Firstdepartment. Using the average cost method, what are the equivalentunits of production for the month of April?
a. | 304,000 250,000 |
b. | 280,000 295,000 |
c. | 340,000 316,000 |
d. | 280,000 304,000 |
6. The followinginformation is available for the month of August from the Firstdepartment of the Twigg Corporation:
| Units |
Work in process, August 1 (60% complete) | 50,000 |
Started in August | 190,000 |
Work in process, August 30 (40% complete) | 80,000 |
Materials are added at the end of the process in the Firstdepartment. Using the average cost method, what are the equivalentunits of production for the month of August?
a. | 192,000 160,000 |
b. | 160,000 192,000 |
c. | 160,000 208,000 |
d. | 240,000 192,000 |
7. During June, Birch BayCompany's Department B equivalent unit product costs computed underthe average cost method were as follows:
Materials | $2 |
Conversion | $3 |
Transferred-in | $5 |
Materials are introduced at the end of the process in DepartmentB. There were 4,000 units (60 % complete as to conversion costs) inwork in process at June 30. The total costs assigned to the June 30work in process inventory should be:
a. | $20,000. |
b. | $24,800. |
c. | $27,200. |
d. | $35,200. |
