Problem 1.

Starting work-in-process is 2,000 units; units completed is 44,000 units and ending work-in-progress is 3,000 units, which are 100 percent complete for materials and 50 percent complete for conversion costs. The starting work-in-process inventory is 100 percent complete for materials and 50 percent complete for conversion.

a. What are the equivalent units for conversion and material using the weighted average technique?

b. What are the equivalent units for conversion and materials using the FIFO method?

Problem 2.

Cost per equivalent unit is $2 for materials and $3 for conversion. There are no transferred-in costs and no spoilage. Evaluate the cost of goods completed if 10,000 units are completed and 1,000 are in ending inventory?

Problem 3.

Normal spoilage is 400 units and abnormal spoilage is 100 units. Starting work-in-process inventory consisted of 5,000 units; 20,000 units were started; and 22,000 units were done this period. How many units are in ending work-in-process?

Problem 4.

The number of abnormal spoiled units is 300 and the cost per corresponding unit is $2 for materials and $3 foe conversion. The inspection point is at the end of function. There are 600 units ending work-in-process and 200 normal spoiled units. Evaluate the cost of spoilage shown individually on the cost report?

Problem 5.

There is no spoilage, the starting work-in-process inventory is 6,000 units, and the ending work-in-process inventory is 4,000 units for the second department in a two department process. Evaluate the number of units transferred in to the second department if good output of the second depart is 35,000?