EB1.

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

• Beginning inventory of 750 units is 100% complete with regard to materials and 30% complete with regard to conversion.
• 9,500 units were started during the period.
• 8,900 units were completed and transferred.
• Ending inventory is 100% complete with regard to materials and 68% complete with regard to conversion.
EB2.

LO 5.3There were 2,000 units in beginning inventory that were 70% complete with regard to conversion. During the month, 15,000 units were started, and 16,000 were transferred to finished goods. The ending work in process was 55% 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?

EB3.

LO 5.3A company has 100 units in ending work in process that are 40% complete after transferring out 750 units. If the cost per unit is $5 for materials and$2.50 for conversion, what is the cost of units transferred out and in ending work in process inventory using the weighted-average method?

EB4.

LO 5.3There were 1,500 units in ending work in process inventory that were 100% complete with regard to material and 60% complete with regard to conversion costs. Ending work in process inventory had a cost of $7,200 and a per-unit material cost of$3. What was the conversion cost per unit using the weighted-average method?

EB5.

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 70% complete and the units are 30% complete with respect to conversion.

EB6.

LO 5.3What are the total costs to account for if a company’s beginning inventory had $23,432 in materials and$18,450 in conversion costs, and added direct material costs ($41,392), direct labor ($23,192), and manufacturing overhead ($62,500)? EB7. LO 5.3A company started the month with 4,519 units in work in process inventory. It started 15,295 units and had an ending inventory of 4,936. The units were 100% complete to materials and 30% complete with conversion. How many units were transferred out during the period? EB8. LO 5.4A production department within a company received materials of$7,000 and conversion costs of $5,000 from the prior department. It added material of$78,400 and conversion costs of $47,000. The equivalent units are 5,000 for material and 4,000 for conversion. What is the unit cost for materials and conversion? EB9. LO 5.4Production data show 15,200 units were transferred out of a stage of production and 3,500 units remained in ending WIP inventory that was 100% complete to material and 60% complete to conversion. The unit material cost is$9 for material and $4 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? EB10. LO 5.5Overhead is assigned to the manufacturing department at the rate of$5 per machine hour. There were 3,000 machine hours used in the molding department. Prepare the journal entry to apply overhead to the manufacturing department.

EB11.

LO 5.5Prepare the journal entry to record the factory wages of $25,000 incurred in the processing department and$15,000 incurred in the production department assuming payment will be made in the next pay period.

EB12.

LO 5.5Prepare the journal entry to record the transfer of 3,500 units from the separation department to the mash department if the material cost per unit is $2 and the conversion cost per unit is$5.

EB13.

LO 5.5Prepare the journal entry to record the sale of 700 units that cost $5 per unit and sold for$15 per unit.

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