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omeli [17]
3 years ago
10

The Fremont Company uses the weighted-average method in its process costing system. The company recorded 42,500 equivalent units

for conversion costs for November in a particular department. There were 7,300 units in the ending work-in-process inventory on November 30, 75% complete with respect to conversion costs. The November 1 work-in-process inventory consisted of 9,300 units, 50% complete with respect to conversion costs. A total of 38,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:
Business
1 answer:
Ierofanga [76]3 years ago
8 0

Answer:

Satrted                     36000

Explanation:

opening units     =   9300

Satrted                     36000

                                45300

Transferred              38000

Closing                     7300

Here is the quation

Opning units+Started-Transferred =  Closing units

Now put the values in equation

9300+Started-38000=7300

Started+28700=7300

Transfer the -28700 to left of the equation and change the sign in + due to transfer

Started =7300+28700

Started =36000

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Lillich, Inc., manufactures and sells two products: Product U6 and Product R5. Data concerning the expected production of each p
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a) Data about expected production of Products U6 and R5:

                                  Expected       Direct Labor-Hours    Total Direct

                                 Production          Per Unit                 Labor-Hours  

Product U6                       640                    8.4                       5,376

Product R5                      1,015                    5.4                       5,481                    

Total direct labor-hours                                                        10,857

The direct labor rate is $27.50 per DLH.

Direct Materials Cost per Unit   Product U6$249.30  Product R5 $166.70

                                                         

Activity Cost Pools  Activity      Estimated           Expected Activity  

                              Measures   Overhead  Product U6  Product R5   Total

                                                    Cost      

Labor-related           DLHs      $ 196,138         5,376         5,481         10,857

Production orders    Orders       67,340           800           700           1,500

Order size                MHs        1,015,108        5,400         5,700          11,100  

                                            $1,278,586

Overhead Costs:

                                                Product U6      Product R5        Total

Labor-related overhead costs   $97,121             $99,017      $196,138

Production orders                        35,915               31,425         67,340

Order size                                 493,836             521,272      1,015,108

Manufacturing overheads     $626,872           $651,714   $1,278,586

The direct labor rate is $27.50 per DLH

                                                 Product U6      Product R5            Total

Expected Production                        640                 1,015

Direct labor hours                          5,376               5,481              10,857

Direct Materials Cost per Unit  $249.30           $166.70

Direct material costs               $159,552        $169,200.50     $328,752.50

Direct labor costs                       147,840           150,727.50       298,567.50

Manufacturing overhead         626,872            651,714.00      1,278,586.00

Total production costs          $934,264         $971,642.00   $1,905,906.00

Unit cost                                      $1,459.79          $957.28

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