EA1.

LO 5.1How many units were started into production in a period if there were zero units of beginning work in process inventory, 1,100 units in ending work in process inventory, and 21,500 completed and transferred out units?

EA2.

LO 5.1A company started a new product, and in the first month started 100,000 units. The ending work in process inventory was 20,000 units that were 100% complete with materials and 75% complete with conversion costs. There were 100,000 units to account for, and the equivalent units for materials was $6 per unit while the equivalent units for conversion was$8 per unit. What is the value of the inventory transferred out, using the weighted-average inventory method?

EA3.

LO 5.3Given the following information, determine the equivalent units of ending work in process for materials and conversion under the weighted-average method:

• beginning inventory of 2,500 units is 100% complete with regard to materials and 60% complete with regard to conversion
• 18,000 units were started during the period
• 17,500 units were completed and transferred
• ending inventory is 100% complete with materials and 65% complete with conversion
EA4.

LO 5.3There were 1,700 units in beginning inventory that were 40% complete with regard to conversion. During the month, 8,550 units were started and 9,000 were transferred to finished goods. The ending work in process was 60% complete with regard to conversion costs, and materials are added at the beginning of the process. What is the total amount of equivalent units for materials and conversion at the end of the month using the weighted-average method?

EA5.

LO 5.3A company has 1,500 units in ending work in process that are 30% complete after transferring out 10,000 units. All materials are added at the beginning of the process. If the cost per unit is $4 for materials and$7 for conversion, what is the cost of units transferred out and in ending work in process inventory using the weighted-average method?

EA6.

LO 5.3There were 2,400 units in ending work in process inventory that were 100% complete with regard to material and 25% complete with regard to conversion costs. Ending work in process inventory had a cost of $9,000 and a per-unit material cost of$2. What was the conversion cost per unit using the weighted-average method?

EA7.

LO 5.3How many units must be in ending inventory if beginning inventory was 15,000 units, 55,000 units were started, and 57,000 units were completed and transferred out?

EA8.

LO 5.3How many units must have been completed and transferred if beginning inventory was 75,000 units, ending inventory was 72,000 units, and 290,000 units were started?

EA9.

LO 5.3Using the weighted-average method, compute the equivalent units of production if the beginning inventory consisted of 20,000 units; 55,000 units were started in production; and 57,000 units were completed and transferred to finished goods inventory. For this process, materials are added at the beginning of the process, and the units are 35% complete with respect to conversion.

EA10.

LO 5.3Using the weighted-average method, compute the equivalent units of production for a new company that started 85,000 units into production and transferred 67,000 to the second department. Assume that beginning inventory was 0. Conversion is considered to occur evenly throughout the process, while materials are added at the beginning of the process. The ending inventory for Equivalent Units: Conversion is 9,000 units.

EA11.

LO 5.3Mazomanie Farm completed 20,000 units during the quarter and has 2,500 units still in process. The units are 100% complete with regard to materials and 55% complete with regard to conversion costs. What are the equivalent units for materials and conversion?

EA12.

LO 5.3What are the total costs to account for if a company’s beginning inventory had $231,432 in materials,$186,450 in conversion costs, and added direct material costs ($4,231,392), direct labor ($2,313,392), and manufacturing overhead ($1,156,696)? EA13. LO 5.3A company started the month with 8,329 units in work in process inventory. It started 23,142 units and had an ending inventory of 9,321. The units were 100% complete to materials and 67% complete with conversion. How many units were transferred out during the period? EA14. LO 5.4A production department within a company received materials of$10,000 and conversion costs of $10,000 from the prior department. It added material of$27,200 and conversion costs of $53,000. The equivalent units are 20,000 for material and 18,000 for conversion. What is the unit cost for materials and conversion? EA15. LO 5.4Production data show 35,920 units were transferred out of a stage of production and 6,150 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is$5 for material and $8 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? EA16. LO 5.5Overhead is assigned to the manufacturing department at the rate of$10 per machine hour. There were 3,500 machine hours during October in the shaping department and 2,500 in the packaging department. Prepare the journal entry to apply overhead to the manufacturing departments.

EA17.

LO 5.5Prepare the journal entry to record the factory wages of $28,000 incurred for a single production department assuming payment will be made in the next pay period. EA18. LO 5.5Prepare the journal entry to record the transfer of 3,000 units from the packaging department to finished goods if the material cost per unit is$4 and the conversion cost per unit is $5.50. EA19. LO 5.5Prepare the journal entry to record the sale of 2,000 units that cost$8 per unit and sold for \$15 per unit.