50.1K

Verified Solution

Link Copied!

Please complete a cost report!!

ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In, First Out Method for costing inventories. The below information is related to the month of January 2018 . Use the above information to calculate the units started and completed for Step #2 of the Cost of Production Report. 16,000 14,000 10,000 8,000 ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting. Baking, and Mixing, emerging as finished concrete. The company uses the First In. First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the total units to be accounted for in Step #2 of the Cost of Production Report. 10.000 2,00014,0008.000 ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In. First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the units started this period for Step #1 of the Cost of Production Report. 17,200 2.00012,00014,000 ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In. First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the total units to be accounted for in Step #1 of the Cost of Production Report. ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In. First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the total equivalent units for Direct Materials in Step #3 of the Cost of Production Report. 12,000 15,20012,200 14,000 ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In, First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the total Equivalent units for Conversion Costs for Step #3 of the Cost of Production Report. 12.000 16,100 14,000 12,200 Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In, First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the Costs per Equivalent Unit for Direct Materials in Step #4 of the Cost of Production Report. \begin{tabular}{|l|} \hline$25.95 \\ \hline$25.00 \\ \hline$26.50 \\ \hline$15.50 \\ \hline \end{tabular} ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In. First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the Costs per Equivalent Unit for Conversion Costs in Step #4 of the Cost of Production Report. ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In, First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the Total Costs Assign to Work in Process, Jan 1 in Step #5 of the Cost of Production Report. $27,500 $16,400$24,000 $27,000 ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In, First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the Costs Assign to the units that were Started \& Completed in Step #5 of the Cost of Production Report. $207,600 $327,600$200,500 $116,200 Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In, First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the Costs Assign to Work in Process, Jan 31 in Step #5 of the Cost of Production Report. $8,880 $103,800 $142,800 $497.400 ABC Company manufactures concrete by a series of four processes. All materials are added in the Crushing Department at the beginning of the process. From the Crushing Department, the materials pass through Sifting, Baking, and Mixing, emerging as finished concrete. The company uses the First In, First Out Method for costing inventories. The below information is related to the month of January 2018. Use the above information to calculate the Total Costs for Steps #4 \& #5 of the Cost of Production Report. $497,400$404,000$479,400$141,480

Answer & Explanation Solved by verified expert

See Answer