26 cost of ending work in process is a 77 640 b 82 632 c 85 128 d 90 120 edwards 4309730

26) Cost of ending work-in-process is

A) $77,640.

B) $82,632.

C) $85,128.

D) $90,120.

Edwards Company produces calendars in a one-department process.  The following information is available:

Direct materials added	$120,000
Direct labour	$  82,800
Factory overhead	$  41,400
Work-in-process, beginning inventory	-0-
Units started	30,000
Units completed and transferred out	24,000
Work-in-process, ending inventory	6,000

27) The total of costs to account for is

A) $244,200.

B) $120,000.

C) $ 82,800.

D) $ 41,400.

28) The equivalent units for materials are

A) 24,000.

B) 30,000.

C) 27,600.

D) 6,000.

29) The equivalent units for conversion costs are

A) 6,000.

B) 30,000.

C) 24,000.

D) 27,600.

Chen Company manufactures keyboards in a two-department process, Assembly and Finishing.  Information on the first department, Assembly, follows:

Direct materials added	$700,000
Direct labour	960,000
Factory overhead	480,000
Total costs to account for	$2,140,000

There was no beginning inventory, and of the 200,000 units started in production 168,000 were completed and transferred to the Finishing department, while 32,000 units were still in process.  These units had all materials added but were only 75 percent complete as far as conversion costs.

30) The equivalent units for materials are

A) 168,000.

B) 200,000.

C) 192,000.

D) 32,000.

31) The equivalent units for conversion costs are

A) 200,000.

B) 168,000.

C) 192,000.

D) 32,000.

Ankenbauer Company manufactures keyboards in a two-department process, Assembly and Finishing.  Information on the first department, Assembly, follows:

Direct materials added	$1,400,000
Direct labour	1,920,000
Factory overhead	960,000
Total costs to account for	$4,280,000

There was no beginning inventory, and of the 400,000 units started in production 336,000 were completed and transferred to the Finishing department, while 64,000 units were still in process.  These units had all materials added but were only 75 percent complete as far as conversion costs.

32) The equivalent units for materials are

A) 336,000.

B) 400,000.

C) 384,000.

D) 64,000.

33) The equivalent units for conversion costs are

A) 400,000.

B) 336,000.

C) 384,000.

D) 64,000.

Chen Company manufactures keyboards in a two-department process, Assembly and Finishing.  Information on the first department, Assembly, follows:

Direct materials added	$700,000
Direct labour	960,000
Factory overhead	480,000
Total costs to account for	$2,140,000

34) The unit cost of direct materials is

A) $3.50.

B) $4.17.

C) $3.65.

D) $0.29.

35) The unit cost of conversion costs is

A) $5.00.

B) $2.50.

C) $7.20.

D