Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. oh my heart, co. is a manufacturer that uses a pro

Oh My Heart, Co. is a manufacturer that uses a process costing system and the...

90.2K

Verified Solution

Question

Accounting

  1. Oh My Heart, Co. is a manufacturer that uses a process costing system and the weighted average method to calculate costs. The following information is available for the current period for the firms Cutting department:

    Units:

    Beginning WIP inventory (100% complete as to materials and 55% complete as to conversion costs)

    75,000

    Units started during the current period

    141,000

    Units completed and transferred out to the next department during the period

    120,000

    Ending WIP inventory (80% complete as to materials and 50% complete as to conversion costs)

    96,000

    Costs:

    Beginning WIP inventory, direct materials costs

    $35,000

    Beginning WIP inventory, conversion costs

    $43,500

    Direct materials costs incurred during the current period

    $177,500

    Conversion costs incurred during the current period

    $318,900

    Calculate the equivalent units of production (EUP) with respect to direct materials.

    a.

    172,800
    b.

    196,800
    c.

    140,400
    d.

    216,000
    e.

    168,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

How many photons of light having a wavelength of 5000 are necessary to provide 1...

Finance
1.2K views

Southeastern travel is considering acquiring sunshine tour. management believes sunshine tour can generate cash flows of $157,000,...

Finance
1.2K views

How and to what extent are variance investigations and reports required by managers during the budget...

Advance Math
1.2K views

The CPI was 214.537 in 2009 and 232.957 in 2013 and the Tuition per credit hour...

Biology
1.2K views

The use of food energy to make heat rather than cellular energy is an example...

Accounting
1.2K views

Which of the following is not a prevention cost? a....

Accounting
1.2K views

1. Bonds can be issued at face value at a discount, or at a premium....

Accounting
1.2K views

Based on your readings, class discussions, notes, and the textbook what are the standards you...

Accounting
1.2K views

Accounting
1.2K views

Un balance general comparativo de Lomax Company que contiene datos de los dos ltimos aos...

Accounting
1.2K views

A bond issued for eight years at a market interest rate of 8%. If compounding...

Finance
1.2K views

Benefits of diversification. Sally Rogers has decided to invest her wealth equally across the following...