36. A production department’s output for the most recent monthconsisted of 10,000 units completed and transferred to the nextstage of production and 10,000 units in ending Work in Processinventory. The units in ending Work in Process inventory were 50%complete with respect to both direct materials and conversioncosts. There were 1,000 units in beginning Work in Processinventory, and they were 70% complete with respect to both directmaterials and conversion costs. Calculate the equivalent units ofproduction for the month, assuming the company uses the weightedaverage method.A. 10,000 units.B. 10,300 units.C. 15,000 units.D. 15,300 units.E. 10,700 units.
37. A production department’s output for the most recent monthconsisted of 8,000 units completed and transferred to the nextstage of production and 5,000 units in ending Work in Processinventory. The units in ending Work in Process inventory were 50%complete with respect to both direct materials and conversioncosts. Calculate the equivalent units of production for the month,assuming the company uses the weighted average method.A. 6,500 units.B. 9,000 units.C. 13,000 units.D. 5,500 units.E. 10,500 units.
38. The Fabricating Department started the current month with abeginning Work in Process inventory of $10,000. During the month,it was assigned the following costs: direct materials, $76,000;direct labor, $24,000; and factory overhead, 50% of direct laborcost. Also, inventory with a cost of $109,000 was transferred outof the department to the next phase in the process. The endingbalance of the Work in Process Inventory account for theFabricating Department is:A. $13,000.B. $56,000.C. $59,000.D. $110,000.E. $165,000.
39. A company’s January 1 Work in Process inventory contained30,000 units that were 25% complete with respect to direct labor.The beginning inventory was completed this year and another 120,000units were started. Of those started, 80,000 were finished and theremaining 40,000 were left 20% complete. Calculate the equivalentunits of production for the year using the weighted averagemethod.
40. Sutton Company uses a process costing system. In May, 80,000units were finished and transferred to finished goods. Ending Workin Process included 20,000 unfinished units 30% complete. Calculatethe equivalent units of production for the year using the weightedaverage method.
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