# 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

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