159 the following information is provided by galloway company wip inventory january 4310426

159) The following information is provided by Galloway Company:

WIP inventory, January 1	0 units
Units started	22,000 units
Units completed and transferred out	9,000 units
WIP inventory, December 31	13,000 units
Direct materials	$26,500
Direct labor	$12,500
Manufacturing overhead	$12,000

The units were 80% complete for materials and 30% complete for conversion costs.

How much are the total costs for which Galloway has to account (i.e., its total costs to account for)?

A) $26,500

B) $24,500

C) $39,000

D) $51,000

160) A shampoo manufacturer offers the following information:

WIP inventory, January 1	0 units
Units started	25,600 units
Units completed and transferred out	19,200 units
WIP inventory, December 31	6,400 units
Direct materials	$276,480
Direct labor	$585,000
Manufacturing overhead	$328,920

The units in ending WIP inventory were 60% complete for materials and 40% complete for conversion costs.

What is the total cost of units in ending WIP?

A) $345,600

B) $107,520

C) $153,600

D) $207,360

161) A shampoo manufacturer offers the following information:

WIP inventory, January 1	0 units
Units started	25,600 units
Units completed and transferred out	19,200 units
WIP inventory, December 31	6,400 units
Direct materials	$276,480
Direct labor	$585,000
Manufacturing overhead	$328,920

The units in ending WIP inventory were 60% complete for materials and 40% complete for conversion costs.

On December 31, what is the total cost of units completed and transferred?

A) $ 1,036,800

B) $ 853,527

C) $ 1,050,353

D) $ 1,071,254

162) A shampoo manufacturer offers the following information:

WIP inventory, January 1	0 units
Units started	25,600 units
Units completed and transferred out	19,200 units
WIP inventory, December 31	6,400 units
Direct materials	$276,480
Direct labor	$585,000
Manufacturing overhead	$328,920

The units in ending WIP inventory were 60% complete for materials and 40% complete for conversion costs.

On December 31, the cost per equivalent unit for conversion costs would be closest to

A) $32.45.

B) $27.82.

C) $42.00.

D) $39.59.

163) A shampoo manufacturer offers the following information:

WIP inventory, January 1	0 units
Units started	25,600 units
Units completed and transferred out	19,200 units
WIP inventory, December 31	6,400 units
Direct materials	$276,480
Direct labor	$585,000
Manufacturing overhead	$328,920

The units in ending WIP inventory were 60% complete for materials and 40% complete for conversion costs.

On December 31, the cost per equivalent unit for materials would be closest to

A) $14.28.

B) $ 9.39.

C) $12.71.

D) $12.00.

164) A shampoo manufacturer offers the following information:

WIP inventory, January 1	0 units
Units started	25,600 units
Units completed and transferred out	19,200 units
WIP inventory, December 31	6,400 units
Direct materials	$276,480
Direct labor	$585,000
Manufacturing overhead	$328,920

The units in ending WIP inventory were 60% complete for materials and 40% complete for conversion costs.

On December 31, what are the total equivalent units for conversion costs?

A) 21,760

B) 23,040

C) 19,200

D) 28,160

165) A shampoo manufacturer offers the following information:

WIP inventory, January 1	0 units
Units started	25,600 units
Units completed and transferred out	19,200 units
WIP inventory, December 31	6,400 units
Direct materials	$276,480
Direct labor	$585,000
Manufacturing overhead	$328,920

The units in ending WIP inventory were 60% complete for materials and 40% complete for conversion costs.

On December 31, what are the total equivalent units for direct materials?

A) 25,600

B) 29,440

C) 21,760

D) 23,040

166) A tennis ball maker gives us its data for the year:

WIP inventory, beginning	0 units
Units started	8,500 units
Units completed and transferred out	5,600 units
WIP inventory, ending	2,900 units
Direct materials	$14,778
Direct labor	$6,500
Manufacturing overhead	$5,611

Units in ending WIP inventory were 90% complete for materials and 60% complete for conversion costs.

On December 31, the cost per equivalent unit for direct materials would be closest to:

A) $2.01.

B) $1.80.

C) $1.33.

D) $1.65.

167) A tennis ball maker gives us its data for the year:

WIP inventory, beginning	0 units
Units started	8,500 units
Units completed and transferred out	5,600 units
WIP inventory, ending	2,900 units
Direct materials	$14,778
Direct labor	$6,500
Manufacturing overhead	$5,611

Units in ending WIP inventory were 90% complete for materials and 60% complete for conversion costs.

On December 31, the cost per equivalent unit for conversion costs would be closest to

A) $ 1.65.

B) $ 1.80.

C) $ 1.48.

D) $ 0.89.

168) A tennis ball maker gives us its data for the year:

WIP inventory, beginning	0 units
Units started	8,500 units
Units completed and transferred out	5,600 units
WIP inventory, ending	2,900 units
Direct materials	$14,778
Direct labor	$6,500
Manufacturing overhead	$5,611

Units in ending WIP inventory were 90% complete for materials and 60% complete for conversion costs.

On December 31, the total cost of the units in ending WIP would be closest to

A) $ 6,239.

B) $ 7,569.

C) $19,320.

D