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Chapter 4: System Design: Process Costing True/False Questions 1. When materials are p rchase!

in a process costing system" a #or$ in process acco nt is !e%ite! #ith the cost o& the materials.

MAS REVIEWER Salaries an! Wages Paya%le ??? <= Salaries an! Wages E:pense ??? Salaries an! Wages Paya%le ??? C= Wor$ in Process*Department A ??? Wor$ in Process*Department < ??? Salaries an! Wages Paya%le ??? D= Salaries an! Wages Paya%le ??? Wor$ in Process ???

'. Any !i&&erence in the e( i)alent nits calc late! n!er the
#eighte!*a)erage an! the +I+, metho!s is ! e to the nits in the en!ing #or$ in process in)entory.

-. .he e( i)alent nits in %eginning #or$ in process in)entory


pl s the e( i)alent nits &or the #or$ !one ! ring the perio! e( als the nits trans&erre! o t pl s the e( i)alent nits in en!ing #or$ in process in)entory.

14. Which o& the &ollo#ing 8o rnal entries #o l! %e se! to


recor! application o& man &act ring o)erhea! to #or$ in process in a process costing system #ith t#o processing !epartments" !epartment A an! !epartment <> A= Man &act ring ,)erhea! ??? Wor$ in Process@Department A ??? Wor$ in Process@Department < ??? <= Wor$ in Process@Department A ??? Wor$ in Process@Department < ??? Man &act ring ,)erhea! ??? C= Wor$ in Process@Department < ??? Wor$ in Process@Department A ??? Man &act ring ,)erhea! ??? D= Wor$ in Process@Department A ??? Wor$ in Process@Department < ??? Man &act ring ,)erhea! ??? Ans#er: < Ae)el: Easy A,: 1 15. Costs in an operation costing system are acc m late! %y: A= !epartment. <= %y in!i)i! al 8o%. C= %y %oth 8o% an! !epartments. D= %y neither 8o% nor !epartment.

4. .here is no !i&&erence in the nit costs comp te! n!er the


#eighte!*a)erage an! +I+, metho!s o& process costing i& there are no %eginning #or$ in process in)entories.

/. 0n!er the #eighte!*a)erage metho! o& process costing" costs


&rom the prior perio! are a)erage! #ith those o& the c rrent perio! in comp ting nit costs.

1. In a process costing pro! ction report" the 2Cost to %e


acco nte! &or3 #ill %e the same #hether the #eighte!* a)erage or the +I+, metho! is se!.

4. 0n!er the +I+, metho! o& pro! ct costing" e( i)alent nits


o& pro! ction consi!er nits in the %eginning in)entory as i& they #ere starte! an! complete! ! ring the c rrent perio!.

5. .he pro! ction report o& a company sing the +I+, cost
metho! li$ely #o l! sho# goo!s trans&erre! &rom a !epartment in t#o parts**one part consisting o& nits &rom the %eginning in)entory complete! an! trans&erre!" an! the other part consisting o& nits that #ere %oth starte! an! complete! ! ring the month.

16.

6. In comp ting the cost per e( i)alent nit on the pro! ction
report" costs in the %eginning #or$ in process in)entory are $ept separate &rom c rrent perio! costs #hen the +I+, metho! is se!.

17. A ma8or a!)antage o& the +I+, metho! is that it allo#s


managers to 8 !ge the per&ormance o& the c rrent perio! in!epen!ently o& the per&ormance o& the prior perio!.

11. 0n!er a 9I. in)entory system" the !i&&erences %et#een +I+,


an! #eighte!*a)erage costing metho!s are re! ce!.

A process costing system #as se! &or a !epartment that %egan operations in 9an ary. Appro:imately the same n m%er o& physical nits" at the same !egree o& completion #ere in #or$ in process at the en! o& %oth 9an ary an! +e%r ary. Monthly con)ersion costs are allocate! %et#een en!ing #or$ in process an! nits complete!. Compare! to the +I+, metho!" #o l! the #eighte!*a)erage metho! se the same or a greater n m%er o& e( i)alent nits to calc late the monthly allocations> E( i)alent nits &or #eighte! a)erage compare! to +I+, 9an ary +e%r ary A= Same Same <= Breater n m%er Breater n m%er C= Breater n m%er Same D= Same Breater n m%er

'7. .he +I+, metho! pro)i!es a ma8or a!)antage o)er the


#eighte!*a)erage metho! in that: A= the calc lation o& e( i)alent nits is less comple: n!er the +I+, metho!. <= the +I+, metho! treats nits in the %eginning in)entory as i& they #ere starte! an! complete! ! ring the c rrent perio!. C= the +I+, metho! pro)i!es meas rements o& #or$ !one ! ring the c rrent perio!. D= the #eighte!*a)erage metho! ignores nits in the %eginning an! en!ing #or$ in process in)entories.

1'. When the +I+, metho! is se! to prepare a pro! ction


report" costs to the ne:t !epartment are acco nte! &or in t#o separate %loc$s. 1-. Costs are acc m late! %y !epartment in a process costing system.

14. ,peration costing is a hy%ri! system that employs certain


aspects o& %oth 8o%*or!er an! process costing.

1/. 0n!er 8o%*or!er costing" costs are acc m late! %y


!epartment an! are assigne! e( ally to all nits passing thro gh the !epartment ! ring the perio!. Multiple Choice Questions 11. Which o& the &ollo#ing 8o rnal entries #o l! %e se! to recor! !irect la%or costs in a company ha)ing t#o processing !epartments ;Department A an! Department <=> A= Wor$ in Process ???

'1. .he #eighte!*a)erage metho! o& process costing !i&&ers


&rom the +I+, metho! o& process costing in that the #eighte!*a)erage metho!: A= can %e se! n!er any cost &lo# ass mption. <= !oes not re( ire the se o& pre!etermine! o)erhea! rates. C= $eeps costs in the %eginning in)entory separate &rom c rrent perio! costs.

Chapter 4: System Design: Process Costing

MAS REVIEWER D= E-.-7/

D= !oes not consi!er the !egree o& completion o& nits


in the %eginning #or$ in process in)entory #hen comp ting e( i)alent nits o& pro! ction. ''. Which o& the &ollo#ing statements a%o t process costing system is incorrect> A= In a process costing system" each processing !epartment has a #or$ in process acco nt. <= In a process costing system" e( i)alent nits are separately comp te! &or materials an! &or con)ersion costs. C= In a process costing system" o)erhea! can %e n!er* or o)erapplie! 8 st as in 8o%or!er costing. D= In a process costing system" materials costs are trace! to nits o& pro! cts.

'4. De!ra Company ses the #eighte!*a)erage metho! in its


process costing system. .he &irst processing !epartment" the Wel!ing Department" starte! the month #ith 17"777 nits in its %eginning #or$ in process in)entory that #ere /7D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as E-4"/77. An a!!itional 65"777 nits #ere starte! into pro! ction ! ring the month. .here #ere 14"777 nits in the en!ing #or$ in process in)entory o& the Wel!ing Department that #ere 57D complete #ith respect to con)ersion costs. A total o& E4'4"757 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month> ;Ro n! o&& to three !ecimal places.= A= E1.-'' <= E4.416 C= E4./77 D= E4.-17 Ans#er: D Ae)el: Me!i m A,: '"-"4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1-1 '5. A ster Company ses the #eighte!*a)erage metho! in its process costing system. ,perating !ata &or the &irst processing !epartment &or the month o& 9 ne appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............. 1-"777 47D Starte! into pro! ction ! ring 9 ne ................ 65"777 En!ing #or$ in process in)entory ................... 11"777 -7D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E-6"-14 at the %eginning o& 9 ne. A!!itional con)ersion costs o& E4'1"7-/ #ere inc rre! in the !epartment ! ring the month. What #as the cost per e( i)alent nit &or con)ersion costs &or the month> ;Ro n! o&& to three !ecimal places.= A= E1.11/ <= E4.-/5 C= E4.-11 D= E4./47 Ans#er: C Ae)el: Me!i m A,: '"-"4 '6. A m!al Company ses the #eighte!*a)erage metho! in its process costing system. ,perating !ata &or the &irst processing !epartment &or the month o& 9 ne appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............. 17"777 67D Starte! into pro! ction ! ring 9 ne ................ 4/"777 En!ing #or$ in process in)entory ................... 14"777 47D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E44"467 at the %eginning o& 9 ne. A!!itional con)ersion costs o& E//'"71' #ere inc rre! in the !epartment ! ring the month. What #as the cost per e( i)alent nit &or con)ersion costs &or the month> ;Ro n! o&& to three !ecimal places.= A= E5.117 <= E4.-11 C= E1.771 D= E5.411 Ans#er: D Ae)el: Me!i m A,: '"-"4

'-. When the #eighte!*a)erage metho! o& process costing is


se!" a !epartmentCs e( i)alent nits are comp te! %y: A= s %tracting the e( i)alent nits in %eginning in)entory &rom the e( i)alent nits in en!ing in)entory. <= s %tracting the e( i)alent nits in %eginning in)entory &rom the e( i)alent nits &or #or$ per&orme! ! ring the perio!. C= a!!ing the nits trans&erre! o t to the e( i)alent nits in en!ing in)entory. D= s %tracting the e( i)alent nits in %eginning in)entory &rom the s m o& the nits trans&erre! o t an! the e( i)alent nits in en!ing in)entory.

'4. E( i)alent nits &or a process costing system sing the +I+,
metho! #o l! %e e( al to: A= nits complete! ! ring the perio! pl s e( i)alent nits in the en!ing #or$ in process in)entory. <= nits starte! an! complete! ! ring the perio! pl s e( i)alent nits in the en!ing #or$ in process in)entory. C= nits complete! ! ring the perio! an! trans&erre! o t. D= nits starte! an! complete! ! ring the perio! pl s e( i)alent nits in the en!ing #or$ in process in)entory pl s #or$ nee!e! to complete nits in the %eginning #or$ in process in)entory.

'/. Which o& the &ollo#ing types o& entities #o l! %e most


li$ely to se a process costing system> A= a ship% il!er <= a & rnit re man &act rer C= a la# &irm D= a tility pro! cing nat ral gas

'1. Dar)in Company ses the #eighte!*a)erage metho! in its


process costing system. .he &irst processing !epartment" the Wel!ing Department" starte! the month #ith '7"777 nits in its %eginning #or$ in process in)entory that #ere 17D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as E4"777. An a!!itional 1-"777 nits #ere starte! into pro! ction ! ring the month. .here #ere 17"777 nits in the en!ing #or$ in process in)entory o& the Wel!ing Department that #ere 17D complete #ith respect to con)ersion costs. A total o& E'-4"177 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month> ;Ro n! o&& to three !ecimal places.= A= E-.'// <= E-.441 C= E-./77

Chapter 4: System Design: Process Costing Chapter 4 Systems Design: Process Costing 1-' Barrison" Managerial Acco nting" 1'th E!ition -7. <oml Company ses the #eighte!*a)erage metho! in its process costing system. .he Assem%ly Department starte! the month #ith 4"777 nits in its %eginning #or$ in process in)entory that #ere '7D complete #ith respect to con)ersion costs. An a!!itional 1'"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. .here #ere 14"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department that #ere -7D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Assem%ly Department &or the month> A= /1"'77 <= //"477 C= 4'"777 D= /'"777 Ans#er: A Ae)el: Me!i m A,: '"-1. <ric$er Company ses the #eighte!*a)erage metho! in its process costing system. .he Assem%ly Department starte! the month #ith /"777 nits in its %eginning #or$ in process in)entory that #ere 17D complete #ith respect to con)ersion costs. An a!!itional 51"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. .here #ere 15"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department that #ere 57D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Assem%ly Department &or the month> A= 46"477 <= 5'"477 C= 64"777 D= 15"777 Ans#er: < Ae)el: Me!i m A,: '"Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1--'. 9in$er Company ses the #eighte!*a)erage metho! in its process costing system. ,perating !ata &or the Painting Department &or the month o& April appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. 1"477 /7D .rans&erre! in &rom the prior !epartment ! ring April ... /4"577 En!ing #or$ in process in)entory ................................... 4"177 17D What #ere the e( i)alent nits &or con)ersion costs in the Painting Department &or April> A= /1"677 <= 11"417 C= 1'"-17 D= /5"477 Ans#er: < Ae)el: Me!i m A,: '"--. 9 mil Company ses the #eighte!*a)erage metho! in its process costing system. ,perating !ata &or the Painting Department &or the month o& April appear %elo#: 0nits Percentage

MAS REVIEWER complete <eginning #or$ in process in)entory .............................. 4"477 47D .rans&erre! in &rom the prior !epartment ! ring April ... /1"177 En!ing #or$ in process in)entory ................................... 1"-77 17D What #ere the e( i)alent nits &or con)ersion costs in the Painting Department &or April> A= /5"'77 <= 17"-57 C= /5"457 D= //"777 Ans#er: C Ae)el: Me!i m A,: '"Chapter 4 Systems Design: Process Costing 1-4 Barrison" Managerial Acco nting" 1'th E!ition -4. Fa&ner Company ses the #eighte!*a)erage metho! in its process costing system. .he &irst processing !epartment" the Wel!ing Department" starte! the month #ith 1-"777 nits in its %eginning #or$ in process in)entory that #ere 57D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as E'-"6'7. An a!!itional 11"777 nits #ere starte! into pro! ction ! ring the month an! 15"777 nits #ere complete! in the Wel!ing Department an! trans&erre! to the ne:t processing !epartment. .here #ere 11"777 nits in the en!ing #or$ in process in)entory o& the Wel!ing Department that #ere -7D complete #ith respect to con)ersion costs. A total o& E1'4"567 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month> ;Ro n! o&& to three !ecimal places.= A= E'.1'6 <= E'.-77 C= E1.111 D= E1.6-5 Ans#er: A Ae)el: Me!i m A,: '"4 -/. Fall Company ses the #eighte!*a)erage metho! in its process costing system. .he &irst processing !epartment" the Wel!ing Department" starte! the month #ith 15"777 nits in its %eginning #or$ in process in)entory that #ere 17D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as E14"577. An a!!itional 54"777 nits #ere starte! into pro! ction ! ring the month an! 45"777 nits #ere complete! in the Wel!ing Department an! trans&erre! to the ne:t processing !epartment. .here #ere '4"777 nits in the en!ing #or$ in process in)entory o& the Wel!ing Department that #ere -7D complete #ith respect to con)ersion costs. A total o& E4-1"/'7 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month> ;Ro n! o&& to three !ecimal places.= A= E/.5'/ <= E-.661 C= E/.1-4 D= E1.777 Ans#er: A Ae)el: Me!i m A,: '"4

Chapter 4: System Design: Process Costing Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1-/ -1. Pa8ona Company ses the #eighte!*a)erage metho! in its process costing system. .he Mol!ing Department is the secon! !epartment in its pro! ction process. .he !ata %elo# s mmariGe the !epartmentCs operations in 9an ary. 0nits Percentage complete <eginning #or$ in process in)entory ..................... 4"477 17D .rans&erre! in &rom the prior !epartment ! ring 9an ary ................................................................ 11"777 Complete! an! trans&erre! to the ne:t !epartment ! ring 9an ary .................................................... 16"477 En!ing #or$ in process in)entory .......................... -"477 47D .he acco nting recor!s in!icate that the con)ersion cost that ha! %een assigne! to %eginning #or$ in process in)entory #as E-1"-7' an! a total o& E464"-41 in con)ersion costs #ere inc rre! in the !epartment ! ring 9an ary. What #as the cost per e( i)alent nit &or con)ersion costs &or 9an ary in the Mol!ing Department> ;Ro n! o&& to three !ecimal places.= A= E4./-/ <= E4.7/7 C= E4.-1D= E4.1-/ Ans#er: C Ae)el: Me!i m A,: '"4 Chapter 4 Systems Design: Process Costing 1-1 Barrison" Managerial Acco nting" 1'th E!ition -4. Pampin Company ses the #eighte!*a)erage metho! in its process costing system. .he Mol!ing Department is the secon! !epartment in its pro! ction process. .he !ata %elo# s mmariGe the !epartmentCs operations in 9an ary. 0nits Percentage complete <eginning #or$ in process in)entory .............................. 6"177 /7D .rans&erre! in &rom the prior !epartment ! ring 9an ary ......................................................................... 4-"777 Complete! an! trans&erre! to the ne:t !epartment ! ring 9an ary ............................................................. 4/"/77 En!ing #or$ in process in)entory ................................... 4"177 17D .he acco nting recor!s in!icate that the con)ersion cost that ha! %een assigne! to %eginning #or$ in process in)entory #as E14"-'5 an! a total o& E111"75/ in con)ersion costs #ere inc rre! in the !epartment ! ring 9an ary. What #as the cost per e( i)alent nit &or con)ersion costs &or 9an ary in the Mol!ing Department> ;Ro n! o&& to three !ecimal places.= A= E-.117 <= E-.441 C= E-.'1/ D= E-.511 Ans#er: D Ae)el: Me!i m A,: '"4 -5. +a%re Corporation ses the #eighte!*a)erage metho! in its process costing system. .he Assem%ly Department starte! the month #ith -"777 nits in its %eginning #or$ in process in)entory that #ere 47D complete #ith respect to con)ersion costs. An a!!itional 67"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. D ring the month 4/"777 nits #ere complete! in the Assem%ly Department an! trans&erre! to the ne:t processing

MAS REVIEWER !epartment. .here #ere 15"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department that #ere /7D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Assem%ly Department &or the month> A= 17/"777 <= 4/"777 C= 54"777 D= 51"677 Ans#er: C Ae)el: Easy A,: ' Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1-4 -6. +ai)re Corporation ses the #eighte!*a)erage metho! in its process costing system. .he Assem%ly Department starte! the month #ith 1-"777 nits in its %eginning #or$ in process in)entory that #ere '7D complete #ith respect to con)ersion costs. An a!!itional //"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. D ring the month 14"777 nits #ere complete! in the Assem%ly Department an! trans&erre! to the ne:t processing !epartment. .here #ere 1"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department that #ere /7D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Assem%ly Department &or the month> A= 4-"777 <= 14"677 C= 14"777 D= 14"/77 Ans#er: D Ae)el: Easy A,: ' 47. Ha%eth Corporation ses the #eighte!*a)erage metho! in its process costing system. ,perating !ata &or the A %ricating Department &or the month o& ,cto%er appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. 4"477 57D .rans&erre! in &rom the prior !epartment ! ring ,cto%er ........................................................................ 45"577 Complete! an! trans&erre! to the ne:t !epartment ! ring ,cto%er ............................................................. //"477 En!ing #or$ in process in)entory ................................... 1"177 67D What #ere the e( i)alent nits &or con)ersion costs in the A %ricating Department &or ,cto%er> A= /1"-67 <= 4'"'77 C= //"477 D= 46"467 Ans#er: A Ae)el: Easy A,: ' Chapter 4 Systems Design: Process Costing 1-5 Barrison" Managerial Acco nting" 1'th E!ition 41. Haleer Corporation ses the #eighte!*a)erage metho! in its process costing system. ,perating !ata &or the A %ricating Department &or the month o& ,cto%er appear %elo#: 0nits

Chapter 4: System Design: Process Costing Percentage complete <eginning #or$ in process in)entory ............................. -"477 -7D .rans&erre! in &rom the prior !epartment ! ring ,cto%er ....................................................................... 46"/77 Complete! an! trans&erre! to the ne:t !epartment ! ring ,cto%er ............................................................ 45"577 En!ing #or$ in process in)entory .................................. 4"177 67D What #ere the e( i)alent nits &or con)ersion costs in the A %ricating Department &or ,cto%er> A= /7"'77 <= 45"577 C= /'"467 D= /-"167 Ans#er: C Ae)el: Easy A,: ' 4'. Sa!anan! Corporation ses the #eighte!*a)erage metho! in its process costing system. .he +itting Department is the secon! !epartment in its pro! ction process. .he !ata %elo# s mmariGe the !epartmentCs operations in March. 0nits Percentage complete <eginning #or$ in process in)entory ..................... 1"177 47D .rans&erre! in &rom the prior !epartment ! ring March .................................................................. 41"777 En!ing #or$ in process in)entory ........................... 4"177 -7D .he +itting DepartmentCs pro! ction report in!icates that the cost per e( i)alent nit &or con)ersion cost &or March #as E6.'4. Fo# m ch con)ersion cost #as assigne! to the nits trans&erre! o t o& the +itting Department ! ring March> A= E-55"1-4.47 <= E4'/"747.77 C= E4-/"'74.77 D= E-6'"477.77 Ans#er: D Ae)el: Me!i m A,: -"/ Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1-6 4-. Sa!ron Corporation ses the #eighte!*a)erage metho! in its process costing system. .he +itting Department is the secon! !epartment in its pro! ction process. .he !ata %elo# s mmariGe the !epartmentCs operations in March. 0nits Percentage complete <eginning #or$ in process in)entory ..................... 1"'77 '7D .rans&erre! in &rom the prior !epartment ! ring March .................................................................. 4/"777 En!ing #or$ in process in)entory .......................... -"'77 17D .he +itting DepartmentCs pro! ction report in!icates that the cost per e( i)alent nit &or con)ersion cost &or March #as E4.4'. Fo# m ch con)ersion cost #as assigne! to the nits trans&erre! o t o& the +itting Department ! ring March> A= E-/1"117.77 <= E-46"674.77 C= E---"677.77 D= E-41"6/6.'7 Ans#er: A Ae)el: Me!i m A,: -"/ 44. .he Assem%ly Department starte! the month #ith /6"777 nits in its %eginning #or$ in process in)entory. An a!!itional -14"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. .here

MAS REVIEWER #ere -/"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department. Fo# many nits #ere trans&erre! to the ne:t processing !epartment ! ring the month> A= -61"777 <= 4'1"777 C= -4-"777 D= 411"777 Ans#er: A Ae)el: Easy A,: Chapter 4 Systems Design: Process Costing 147 Barrison" Managerial Acco nting" 1'th E!ition 4/. .he Assem%ly Department starte! the month #ith 45"777 nits in its %eginning #or$ in process in)entory. An a!!itional '/4"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. .here #ere '1"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department. Fo# many nits #ere trans&erre! to the ne:t processing !epartment ! ring the month> A= --'"777 <= -11"777 C= 164"777 D= -/-"777 Ans#er: < Ae)el: Easy A,: 41. <roo$s Company ses the #eighte!*a)erage metho! in its process costing system. .he %eginning #or$ in process in)entory in a partic lar !epartment consiste! o& 1'"777 nits" 177D complete #ith respect to materials cost an! 47D complete #ith respect to con)ersion costs. .he total cost in the %eginning #or$ in process in)entory #as E'/"777. D ring the month" /7"777 nits #ere complete! an! trans&erre! o t o& the !epartment. .he costs per e( i)alent nit #ere comp te! to %e E1./7 &or materials an! E-.'7 &or con)ersion costs. .he total cost o& the nits complete! an! trans&erre! o t o& the !epartment #as: A= E'-/"777. <= E''1"147. C= E'17"777. D= E'71"147. Ans#er: A Ae)el: Me!i m A,: / Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 141 44. Ramea Corporation ses the #eighte!*a)erage metho! in its process costing system. .he Mol!ing Department is the secon! !epartment in its pro! ction process. .he !ata %elo# s mmariGe the !epartmentCs operations in 9an ary. 0nits Percentage complete <eginning #or$ in process in)entory .............................. /"177 17D .rans&erre! in &rom the prior !epartment ! ring 9an ary ......................................................................... 44"777 Complete! an! trans&erre! to the ne:t !epartment ! ring 9an ary ............................................................. /7"-77 En!ing #or$ in process in)entory ................................... '"-77 47D .he Mol!ing DepartmentCs pro! ction report in!icates that the cost per e( i)alent nit &or con)ersion cost &or 9an ary #as E/.'6.

Chapter 4: System Design: Process Costing Fo# m ch con)ersion cost #as assigne! to the en!ing #or$ in process in)entory in the Mol!ing Department &or 9an ary> A= E4"-77.'7 <= E1'"114.77 C= E11"546.17 D= E4"511.57 Ans#er: D Ae)el: Easy A,: / Chapter 4 Systems Design: Process Costing 14' Barrison" Managerial Acco nting" 1'th E!ition 45. Ramos Corporation ses the #eighte!*a)erage metho! in its process costing system. .he Mol!ing Department is the secon! !epartment in its pro! ction process. .he !ata %elo# s mmariGe the !epartmentCs operations in 9an ary. 0nits Percentage complete <eginning #or$ in process in)entory .............................. '"577 47D .rans&erre! in &rom the prior !epartment ! ring 9an ary ......................................................................... 4/"777 Complete! an! trans&erre! to the ne:t !epartment ! ring 9an ary ............................................................. 41"477 En!ing #or$ in process in)entory ................................... 1"177 '7D .he Mol!ing DepartmentCs pro! ction report in!icates that the cost per e( i)alent nit &or con)ersion cost &or 9an ary #as E1.1'. Fo# m ch con)ersion cost #as assigne! to the en!ing #or$ in process in)entory in the Mol!ing Department &or 9an ary> A= E65/.17 <= E1"551.17 C= E1"'-'.77 D= E'41.47 Ans#er: D Ae)el: Easy A,: / 46. E%art Company ses the +I+, metho! in its process costing system. .he &irst processing !epartment" the Wel!ing Department" starte! the month #ith 14"777 nits in its %eginning #or$ in process in)entory that #ere 47D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as E'7"/57. An a!!itional /-"777 nits #ere starte! into pro! ction ! ring the month. .here #ere 14"777 nits in the en!ing #or$ in process in)entory o& the Wel!ing Department that #ere '7D complete #ith respect to con)ersion costs. A total o& E57"117 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month on the !epartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E1./'' <= E'.177 C= E1.5/7 D= E1./11 Ans#er: C Ae)el: Me!i m A,: 1"4"5 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 14/7. E!en Company ses the +I+, metho! in its process costing system. .he &irst processing !epartment" the Wel!ing Department" starte! the month #ith 17"777 nits in its %eginning #or$ in process in)entory that #ere /7D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as

MAS REVIEWER E-/"/77. An a!!itional 41"777 nits #ere starte! into pro! ction ! ring the month. .here #ere 17"777 nits in the en!ing #or$ in process in)entory o& the Wel!ing Department that #ere 57D complete #ith respect to con)ersion costs. A total o& E/41"1/7 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month on the !epartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E1.5/7 <= E4.1'7 C= E1.47/ D= E4.177 Ans#er: A Ae)el: Me!i m A,: 1"4"5 Appen!i:: 4 /1. Maenho t Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the Casting Department &or the month o& Septem%er appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. '1"777 17D .rans&erre! in &rom the prior !epartment ! ring Septem%er .................................................................... 14"777 En!ing #or$ in process in)entory ................................... ''"777 47D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E-1"/77 at the %eginning o& Septem%er. A!!itional con)ersion costs o& E14'"-61 #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or Septem%er on the Casting DepartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E'.-66 <= E'.164 C= E'./77 D= E'.1'7 Ans#er: D Ae)el: Me!i m A,: 1"4"5 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 144 Barrison" Managerial Acco nting" 1'th E!ition /'. Maher Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the Casting Department &or the month o& Septem%er appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. 14"777 17D .rans&erre! in &rom the prior !epartment ! ring Septem%er .................................................................... 64"777 En!ing #or$ in process in)entory ................................... ''"777 47D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E5"617 at the %eginning o& Septem%er. A!!itional con)ersion costs o& E141"/17 #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or Septem%er on the Casting DepartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E1./'7 <= E1.6'-

Chapter 4: System Design: Process Costing C= E1.477 D= E1.1-1 Ans#er: A Ae)el: Me!i m A,: 1"4"5 Appen!i:: 4 /-. Camel Company ses the +I+, metho! in its process costing system. .he Assem%ly Department starte! the month #ith /"777 nits in its %eginning #or$ in process in)entory that #ere 57D complete #ith respect to con)ersion costs. An a!!itional 1'"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. .here #ere '"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department that #ere '7D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Assem%ly Department &or the month> A= 1/"477 <= 1/"777 C= /6"777 D= 11"477 Ans#er: D Ae)el: Me!i m A,: 1"4 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 14/ /4. Ca#per Company ses the +I+, metho! in its process costing system. .he Assem%ly Department starte! the month #ith 17"777 nits in its %eginning #or$ in process in)entory that #ere 17D complete #ith respect to con)ersion costs. An a!!itional //"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Assem%ly Department. .here #ere 16"777 nits in the en!ing #or$ in process in)entory o& the Assem%ly Department that #ere '7D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Assem%ly Department &or the month> A= 46"577 <= 45"577 C= 14"777 D= 41"777 Ans#er: < Ae)el: Me!i m A,: 1"4 Appen!i:: 4 //. Iapstein Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the Enameling Department &or the month o& May appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. 1"477 17D .rans&erre! in &rom the prior !epartment ! ring May .... /1"'77 En!ing #or$ in process in)entory ................................... -"577 47D What #ere the e( i)alent nits &or con)ersion costs in the Enameling Department &or May> A= /-"577 <= 45"177 C= //"-'7 D= /4"157 Ans#er: D Ae)el: Me!i m A,: 1"4 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 141 Barrison" Managerial Acco nting" 1'th E!ition /1. Ialra Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the Enameling Department &or the month o& May appear %elo#:

MAS REVIEWER 0nits Percentage complete <eginning #or$ in process in)entory .............................. 4"'77 '7D .rans&erre! in &rom the prior !epartment ! ring May .... 47"177 En!ing #or$ in process in)entory ................................... '"177 57D What #ere the e( i)alent nits &or con)ersion costs in the Enameling Department &or May> A= 1/"/77 <= 41"457 C= 44"477 D= 4/"-47 Ans#er: D Ae)el: Me!i m A,: 1"4 Appen!i:: 4 /4. ,)erhill Company ses the +I+, metho! in its process costing system. In the C tting Department in 9 ne" nits #ere 57D complete #ith respect to con)ersion in the %eginning #or$ in process in)entory an! '/D complete #ith respect to con)ersion in the en!ing #or$ in process in)entory. ,ther !ata &or the !epartment &or 9 ne &ollo#: 0nits Con)ersion Cost <eginning #or$ in process in)entory .............................. '7"777 E47"777 0nits starte! into pro! ction" an! costs inc rre! ! ring the month ..................................................................... 1/7"777 E151"777 0nits complete! an! trans&erre! o t ............................... 1-7"777 .he cost per e( i)alent nit &or con)ersion cost is closest to: A= E1.45 <= E1./7 C= E1.11 D= E1.5' Ans#er: < Ae)el: Me!i m A,: 1"5 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 144 /5. Inacio Corporation ses the +I+, metho! in its process costing system. .he &irst processing !epartment" the +orming Department" starte! the month #ith ''"777 nits in its %eginning #or$ in process in)entory that #ere 47D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as E-5"/77. An a!!itional 41"777 nits #ere starte! into pro! ction ! ring the month an! 4'"777 nits #ere complete! an! trans&erre! to the ne:t processing !epartment. .here #ere '1"777 nits in the en!ing #or$ in process in)entory o& the +orming Department that #ere 47D complete #ith respect to con)ersion costs. A total o& E145"5/7 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month on the +orming DepartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E'./77 <= E'.71/ C= E'.761 D= E'.'67 Ans#er: D Ae)el: Me!i m A,: 1"5 Appen!i:: 4 /6. Iyer Corporation ses the +I+, metho! in its process costing system. .he &irst

Chapter 4: System Design: Process Costing processing !epartment" the +orming Department" starte! the month #ith 14"777 nits in its %eginning #or$ in process in)entory that #ere '7D complete #ith respect to con)ersion costs. .he con)ersion cost in this %eginning #or$ in process in)entory #as E-"-17. An a!!itional 6'"777 nits #ere starte! into pro! ction ! ring the month an! 6/"777 nits #ere complete! an! trans&erre! to the ne:t processing !epartment. .here #ere 11"777 nits in the en!ing #or$ in process in)entory o& the +orming Department that #ere 17D complete #ith respect to con)ersion costs. A total o& E6'"-14 in con)ersion costs #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or the month on the +orming DepartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E1.774 <= E7.667 C= E1.'77 D= E7.67Ans#er: < Ae)el: Me!i m A,: 1"5 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 145 Barrison" Managerial Acco nting" 1'th E!ition 17. Jimper Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the C tting Department &or the month o& March appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory ................................ 1"177 47D .rans&erre! in &rom the prior !epartment ! ring March ... /4"777 Complete! an! trans&erre! to the ne:t !epartment ! ring March ............................................................................. /5"177 En!ing #or$ in process in)entory ..................................... '"777 47D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E-5"716 at the %eginning o& March. A!!itional con)ersion costs o& E444"744 #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or March on the C tting DepartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E4.6/1 <= E5.''C= E5.171 D= E5.'47 Ans#er: C Ae)el: Me!i m A,: 1"5 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 146 11. J is Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the C tting Department &or the month o& March appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .......................... 6"177 47D .rans&erre! in &rom the prior !epartment ! ring March ....................................................................... 44"777 Complete! an! trans&erre! to the ne:t !epartment ! ring March ........................................................... 46"177 En!ing #or$ in process in)entory ............................... 4"777 67D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E'1"557 at the %eginning o& March. A!!itional con)ersion costs o&

MAS REVIEWER E167"1-7 #ere inc rre! in the !epartment ! ring the month. What #o l! %e the cost per e( i)alent nit &or con)ersion costs &or March on the C tting DepartmentCs pro! ction report> ;Ro n! o&& to three !ecimal places.= A= E-.511 <= E-.5-4 C= E4.74/ D= E4.777 Ans#er: A Ae)el: Me!i m A,: 1"5 Appen!i:: 4 1'. Williams Company ses the +I+, metho! in its process costing system. .he %eginning #or$ in process in)entory in a partic lar !epartment consiste! o& 17"777 nits" 177D complete #ith respect to materials an! 17D #ith respect to con)ersion costs. .he total cost in the %eginning #or$ in process in)entory #as E45"'77. D ring the month" '/"777 nits #ere trans&erre! o t o& the !epartment. .he costs per e( i)alent nit #ere comp te! to %e E-.17 &or materials an! E4./7 &or con)ersion costs. .he total cost o& the nits complete! an! trans&erre! o t o& the !epartment #as: A= E167"777 <= E156"'77 C= E157"'77 D= E1-'"777 Ans#er: C Ae)el: Far! A,: 1"6 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 1/7 Barrison" Managerial Acco nting" 1'th E!ition 1-. Wal!en Company has a process costing system an! ses the +I+, metho!. All materials are intro! ce! at the %eginning o& the process in Department ,ne. .he &ollo#ing in&ormation is a)aila%le &or the month o& 9an ary &or Department ,ne: 0nits Wor$ in process" 9an ary 1 ;con)ersion 47D complete= ..... /77 Starte! in 9an ary ................................................................. '"777 .rans&erre! to Department .#o ! ring 9an ary .................. '"177 Wor$ in process" 9an ary -1 ;con)ersion '/D complete= ... 477 What are the e( i)alent nits &or the month o& 9an ary> Materials Con)ersion Cost A= '"/77 '"'77 <= '"/77 1"677 C= '"777 '"'77 D= '"777 '"777 Ans#er: D Ae)el: Me!i m A,: 1 So rce: CPA" a!apte! Appen!i:: 4 14. Mann Company ses the +I+, metho! in its process costing system. Department A is the &irst stage o& the companyCs pro! ction process. .he &ollo#ing in&ormation is a)aila%le &or con)ersion costs &or the month o& April in Department A: 0nits Wor$ in process" %eginning ;17D complete= .................. '7"777 Starte! in April ................................................................ -47"777 Complete! in April an! trans&erre! to Department < ..... -'7"777 Wor$ in process" en!ing ;47D complete= ....................... 47"777 .he e( i)alent nits &or con)ersion costs are: A= -'7"777 <= -'4"777 C= --1"777 D= -17"777 Ans#er: < Ae)el: Easy A,: 1 So rce: CPA" a!apte! Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1/1

Chapter 4: System Design: Process Costing 1/. Aa rie Company ses the +I+, metho! in its process costing system. Department A is the &irst stage o& Aa rie CompanyCs pro! ction process. .he &ollo#ing in&ormation is a)aila%le &or con)ersion costs &or the month o& May &or Department A: 0nits Wor$ in process" %eginning ;con)ersion '/D complete= ..... 5"777 Starte! in May ...................................................................... 47"777 Complete! in May an! trans&erre! to Department < ........... -5"777 Wor$ in process" en!ing ;con)ersion 17D complete= .......... 17"777 .he e( i)alent nits o& pro! ction &or con)ersion costs &or the month are: A= 4'"777 nits <= -5"777 nits C= 44"777 nits D= -1"777 nits Ans#er: A Ae)el: Me!i m A,: 1 Appen!i:: 4 11. Richar!son Company ses the +I+, metho! in its process costing system. D ring 9 ne" 47"777 nits #ere complete! in Department M. ,& this total" /"777 #ere in the %eginning #or$ in process an! the remain!er #ere starte! an! complete! ! ring the month. Materials are a!!e! at the %eginning o& the process. A total o& 17"777 nits #ere in #or$ in process at 9 ne -7K these nits #ere 57D complete #ith respect to con)ersion costs. .he #or$ in process at 9 ne 1 #as 47D complete #ith respect to con)ersion costs. .he e( i)alent nits &or con)ersion costs #ere: A= -6"777 nits <= 4/"777 nits C= 41"777 nits D= 45"777 nits Ans#er: C Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 1/' Barrison" Managerial Acco nting" 1'th E!ition 14. Ba%el Corporation ses the +I+, metho! in its process costing system. .he Brin!ing Department starte! the month #ith 17"777 nits in its %eginning #or$ in process in)entory that #ere 47D complete #ith respect to con)ersion costs. An a!!itional 5/"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin processing in the Brin!ing Department. D ring the month 51"777 nits #ere complete! in the Brin!ing Department an! trans&erre! to the ne:t processing !epartment. .here #ere 14"777 nits in the en!ing #or$ in process in)entory o& the Brin!ing Department that #ere 67D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Brin!ing Department &or the month> A= 51"177 <= 6-"177 C= 51"777 D= 56"777 Ans#er: A Ae)el: Me!i m A,: 1 Appen!i:: 4 15. Ba%riel Corporation ses the +I+, metho! in its process costing system. .he Brin!ing Department starte! the month #ith 1/"777 nits in its %eginning #or$ in process in)entory that #ere 47D complete #ith respect to con)ersion costs. An a!!itional /5"777 nits #ere trans&erre! in &rom the prior !epartment ! ring the month to %egin

MAS REVIEWER processing in the Brin!ing Department. D ring the month 14"777 nits #ere complete! in the Brin!ing Department an! trans&erre! to the ne:t processing !epartment. .here #ere 6"777 nits in the en!ing #or$ in process in)entory o& the Brin!ing Department that #ere 67D complete #ith respect to con)ersion costs. What #ere the e( i)alent nits &or con)ersion costs in the Brin!ing Department &or the month> A= 14"777 <= 4'"177 C= 11"177 D= /'"777 Ans#er: C Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1/16. ,sman Company ses the +I+, metho! in its process costing system. ,perating !ata &or the <raGing Department &or the month o& Ho)em%er appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. 4"177 -7D .rans&erre! in &rom the prior !epartment ! ring Ho)em%er .................................................................... /'"477 Complete! an! trans&erre! to the ne:t !epartment ! ring Ho)em%er ......................................................... /4"777 En!ing #or$ in process in)entory ................................... 1"-77 57D What #ere the e( i)alent nits &or con)ersion costs in the <raGing Department &or Ho)em%er> A= /6"747 <= /4"777 C= /1"417 D= /1"477 Ans#er: C Ae)el: Me!i m A,: 1 Appen!i:: 4 47. ,reilley Company ses the +I+, metho! in its process costing system. ,perating !ata &or the <raGing Department &or the month o& Ho)em%er appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. /"-77 -7D .rans&erre! in &rom the prior !epartment ! ring Ho)em%er .................................................................... -7"777 Complete! an! trans&erre! to the ne:t !epartment ! ring Ho)em%er ......................................................... -'"/77 En!ing #or$ in process in)entory ................................... '"577 47D What #ere the e( i)alent nits &or con)ersion costs in the <raGing Department &or Ho)em%er> A= -4"417 <= -'"/77 C= '4"/77 D= -'"547 Ans#er: D Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 1/4 Barrison" Managerial Acco nting" 1'th E!ition 41. Ste)en Company ses the +I+, metho! in its process costing system. Department ACs %eginning #or$ in process in)entory consiste! o& 1/"777 nits" 177D complete #ith

Chapter 4: System Design: Process Costing respect to materials an! 47D complete #ith respect to con)ersion costs. .he total !ollar )al e o& this in)entory #as E-1"777. A total o& 47"777 nits #ere trans&erre! o t ! ring the month. .he costs per e( i)alent nit #ere comp te! to %e E1.-7 &or materials an! E'.'7 &or con)ersion costs. .he cost o& the nits complete! an! trans&erre! o t #as: A= E147"777 <= E1-5"-77 C= E1-1"477 D= E115"/77 Ans#er: < Ae)el: Me!i m A,: 6 Appen!i:: 4 4'. Marlo# Company ses the +I+, metho! in its process costing system. Department ACs %eginning #or$ in process in)entory consiste! o& 1'"777 nits" 177D complete #ith respect to materials cost an! 17D complete #ith respect to con)ersion costs. .he total cost in the %eginning #or$ in process in)entory #as E/1"477. A total o& '/"777 nits #ere trans&erre! o t ! ring the month. .he cost per e( i)alent nit #as comp te! to %e E-.47 &or materials an! E4.47 &or con)ersion costs. .he total cost o& the nits complete! an! trans&erre! o t #as: A= E16/"/47 <= E141"177 C= E'7'"/77 D= E154"'17 Ans#er: D Ae)el: Me!i m A,: 6 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1// 4-. .anner Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the C ring Department &or the month o& March appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. 5"'77 57D .rans&erre! in &rom the prior !epartment ! ring March . /'"777 Complete! an! trans&erre! to the ne:t !epartment ! ring March ............................................................... /4"'77 En!ing #or$ in process in)entory ................................... 1"777 /7D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E4"54' at the %eginning o& March. .he cost per e( i)alent nit &or con)ersion costs &or March #as E1.17. Fo# m ch con)ersion cost #o l! %e assigne! to the nits complete! an! trans&erre! o t o& the !epartment ! ring March> A= E/'"474 <= E/6"1'7 C= E17"'41 D= E/4"'77 Ans#er: C Ae)el: Me!i m A,: 6 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 1/1 Barrison" Managerial Acco nting" 1'th E!ition 44. .ang y Corporation ses the +I+, metho! in its process costing system. ,perating !ata &or the C ring Department &or the month o& March appear %elo#: 0nits Percentage complete <eginning #or$ in process in)entory .............................. '"/77 47D .rans&erre! in &rom the prior !epartment ! ring March . 44"777 Complete! an! trans&erre! to the ne:t !epartment ! ring March ............................................................... -5"/77

MAS REVIEWER En!ing #or$ in process in)entory ................................... 5"777 17D Accor!ing to the companyCs recor!s" the con)ersion cost in %eginning #or$ in process in)entory #as E4"-/7 at the %eginning o& March. .he cost per e( i)alent nit &or con)ersion costs &or March #as E4.17. Fo# m ch con)ersion cost #o l! %e assigne! to the nits complete! an! trans&erre! o t o& the !epartment ! ring March> A= E1/7"14/ <= E157"477 C= E1/5"7'/ D= E1/4"5/7 Ans#er: C Ae)el: Me!i m A,: 6 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1/4 0se the &ollo#ing to ans#er ( estions 4/*57: Annen%a m Corporation ses the #eighte!*a)erage metho! in its process costing system. .his month" the %eginning in)entory in the &irst processing !epartment consiste! o& 477 nits. .he costs an! percentage completion o& these nits in %eginning in)entory #ere: Cost Percent Complete Materials costs ................... E/"477 1/D Con)ersion costs ............... E1"577 4/D A total o& 1"/77 nits #ere starte! an! /"677 nits #ere trans&erre! to the secon! processing !epartment ! ring the month. .he &ollo#ing costs #ere inc rre! in the &irst processing !epartment ! ring the month: Materials costs ................... E1'/"/77 Con)ersion costs ............... E'74"777 .he en!ing in)entory #as /7D complete #ith respect to materials an! -/D complete #ith respect to con)ersion costs. Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 4/. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 1"'/7 <= /"677 C= -/7 D= 1"677 Ans#er: A Ae)el: Me!i m A,: '"41. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E16.71 <= E16.11 C= E'7./7 D= E15.16 Ans#er: C Ae)el: Me!i m A,: 4 Chapter 4 Systems Design: Process Costing 1/5 Barrison" Managerial Acco nting" 1'th E!ition 44. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E-7.66 <= E-/.6' C= E--.1' D= E-4.'1 Ans#er: D Ae)el: Me!i m A,: 4

Chapter 4: System Design: Process Costing 45. .he cost per e( i)alent #hole nit &or the month in the &irst processing !epartment is closest to: A= E/5.44 <= E/7.77 C= E/4.66 D= E/4.41 Ans#er: D Ae)el: Me!i m A,: 4 46. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E--'"/77 <= E-4/"777 C= E-''"444 D= E-44"45/ Ans#er: C Ae)el: Me!i m A,: / 57. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to: A= E16"145 <= E''"''C= E/4"475 D= E'4"-/4 Ans#er: < Ae)el: Me!i m A,: / Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 1/6 0se the &ollo#ing to ans#er ( estions 51*54: <istrol Corporation ses the #eighte!*a)erage metho! in its process costing system. .his month" the %eginning in)entory in the &irst processing !epartment consiste! o& 577 nits. .he costs an! percentage completion o& these nits in %eginning in)entory #ere: Cost Percent Complete Materials costs ................... E1/"477 4/D Con)ersion costs ............... E4"477 '7D A total o& 5"477 nits #ere starte! an! 4"/77 nits #ere trans&erre! to the secon! processing !epartment ! ring the month. .he &ollo#ing costs #ere inc rre! in the &irst processing !epartment ! ring the month: Materials costs ................... E151"-77 Con)ersion costs ............... E-'6"577 .he en!ing in)entory #as 47D complete #ith respect to materials an! 17D complete #ith respect to con)ersion costs. Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 51. Fo# many nits are in en!ing #or$ in process in)entory in the &irst processing !epartment at the en! o& the month> A= 4"177 <= 677 C= 1"477 D= 677 Ans#er: C Ae)el: Easy A,: 5'. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 6"'77 <= 5"/'7 C= 4"/77 D= 1"7'7 Ans#er: < Ae)el: Me!i m A,: ' Chapter 4 Systems Design: Process Costing

MAS REVIEWER 117 Barrison" Managerial Acco nting" 1'th E!ition 5-. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E'1.44 <= E'1.61 C= E'7.'/ D= E'-.'/ Ans#er: D Ae)el: Me!i m A,: 4 54. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E41./6 <= E-5.41 C= E-6.11 D= E-1.15 Ans#er: C Ae)el: Me!i m A,: 4 5/. .he cost per e( i)alent #hole nit &or the month in the &irst processing !epartment is closest to: A= E41.6<= E1'.51 C= E/5.14 D= E11.1Ans#er: < Ae)el: Me!i m A,: 4 51. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E/11"177 <= E441"4-/ C= E/-6"/77 D= E/45"'64 Ans#er: < Ae)el: Me!i m A,: / Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 111 54. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to: A= E15"714 <= E14"11/ C= E44"571 D= E171"5/6 Ans#er: A Ae)el: Me!i m A,: / 0se the &ollo#ing to ans#er ( estions 55*61: Carpenter Corporation ses the #eighte!*a)erage metho! in its process costing system. .his month" the %eginning in)entory in the &irst processing !epartment consiste! o& 177 nits. .he costs an! percentage completion o& these nits in %eginning in)entory #ere: Cost Percent Complete Materials costs ................... E/"'77 17D Con)ersion costs ............... E5"/77 //D A total o& 4"577 nits #ere starte! an! 4"177 nits #ere trans&erre! to the secon! processing !epartment ! ring the month. .he &ollo#ing costs #ere inc rre! in the &irst processing !epartment ! ring the month: Materials costs ................... E6/"777 Con)ersion costs ............... E116"'77 .he en!ing in)entory #as 5/D complete #ith respect to materials an! 47D complete #ith respect to con)ersion costs. Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places.

Chapter 4: System Design: Process Costing 55. Fo# many nits are in en!ing #or$ in process in)entory in the &irst processing !epartment at the en! o& the month> A= 1"-77 <= 677 C= 4"'77 D= 477 Ans#er: A Ae)el: Easy A,: Chapter 4 Systems Design: Process Costing 11' Barrison" Managerial Acco nting" 1'th E!ition 56. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 617 <= 5"717 C= 4"177 D= 5"477 Ans#er: < Ae)el: Me!i m A,: ' 67. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E11.-1 <= E1'.'1 C= E11./5 D= E11.6Ans#er: < Ae)el: Me!i m A,: 4 61. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E'14"'77 <= E'44"'16 C= E'55"6-/ D= E'44"677 Ans#er: < Ae)el: Me!i m A,: / Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 110se the &ollo#ing to ans#er ( estions 6'*64: Esty Corporation ses the #eighte!*a)erage metho! in its process costing system. .his month" the %eginning in)entory in the &irst processing !epartment consiste! o& 577 nits. .he costs an! percentage completion o& these nits in %eginning in)entory #ere: Cost Percent Complete Materials costs ................... E/"577 /7D Con)ersion costs ............... E1"/77 -7D A total o& 4"477 nits #ere starte! an! 1"177 nits #ere trans&erre! to the secon! processing !epartment ! ring the month. .he &ollo#ing costs #ere inc rre! in the &irst processing !epartment ! ring the month: Materials costs ................... E5/"-77 Con)ersion costs ............... E115"777 .he en!ing in)entory #as 47D complete #ith respect to materials an! 17D complete #ith respect to con)ersion costs. Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 6'. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 1"467 <= 5"/77 C= 1"177 D= 167

MAS REVIEWER Ans#er: A Ae)el: Me!i m A,: '"6-. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E17.41 <= E17.74 C= E17.4' D= E11.46 Ans#er: D Ae)el: Me!i m A,: 4 Chapter 4 Systems Design: Process Costing 114 Barrison" Managerial Acco nting" 1'th E!ition 64. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E'/-"-77 <= E'4/"441 C= E-11"765 D= E'1/"177 Ans#er: < Ae)el: Me!i m A,: 4 0se the &ollo#ing to ans#er ( estions 6/*61: + ller Corporation ses the #eighte!*a)erage metho! in its process costing system. .his month" the %eginning in)entory in the &irst processing !epartment consiste! o& 477 nits. .he costs an! percentage completion o& these nits in %eginning in)entory #ere: Cost Percent Complete Materials costs ................... E1'"477 5/D Con)ersion costs ............... E17"677 -7D A total o& 6"577 nits #ere starte! an! 5"577 nits #ere trans&erre! to the secon! processing !epartment ! ring the month. .he &ollo#ing costs #ere inc rre! in the &irst processing !epartment ! ring the month: Materials costs ................... E14/"177 Con)ersion costs ............... E4'7"677 .he en!ing in)entory #as 5/D complete #ith respect to materials an! 47D complete #ith respect to con)ersion costs. Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 6/. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E1'7"177 <= E141"5-' C= E/4'"171 D= E/61"/77 Ans#er: C Ae)el: Me!i m A,: '"-"4"/ Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 11/ 61. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to: A= E44"664 <= E4-"-75 C= E174"4'/ D= E56"711 Ans#er: A Ae)el: Me!i m A,: '"-"4"/ 0se the &ollo#ing to ans#er ( estions 64*174: B nes Corporation ses the #eighte!*a)erage metho! in its process costing system. .his month" the %eginning in)entory in the &irst processing !epartment consiste! o& 577 nits. .he

Chapter 4: System Design: Process Costing costs an! percentage completion o& these nits in %eginning in)entory #ere: Cost Percent Complete Materials costs ................... E17"177 1/D Con)ersion costs ............... E1'"577 -7D A total o& 5"/77 nits #ere starte! an! 4"477 nits #ere trans&erre! to the secon! processing !epartment ! ring the month. .he &ollo#ing costs #ere inc rre! in the &irst processing !epartment ! ring the month: Materials costs ................... E14'"177 Con)ersion costs ............... E-/6"/77 .he en!ing in)entory #as /7D complete #ith respect to materials an! -/D complete #ith respect to con)ersion costs. Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 64. Fo# many nits are in en!ing #or$ in process in)entory in the &irst processing !epartment at the en! o& the month> A= 1"677 <= 1"177 C= 4"477 D= 677 Ans#er: A Ae)el: Easy A,: Chapter 4 Systems Design: Process Costing 111 Barrison" Managerial Acco nting" 1'th E!ition 65. What are the e( i)alent nits &or materials &or the month in the &irst processing !epartment> A= 4"477 <= 6"-77 C= 5"-/7 D= 6/7 Ans#er: C Ae)el: Me!i m A,: ' 66. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 6"-77 <= 5"71/ C= 4"477 D= 11/ Ans#er: < Ae)el: Me!i m A,: ' 177. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E15.'6 <= E14.7' C= E11.4' D= E1/.'5 Ans#er: A Ae)el: Me!i m A,: 4 171. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E47.7<= E41.11 C= E44./5 D= E45.44 Ans#er: < Ae)el: Me!i m A,: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 114 17'. .he cost per e( i)alent #hole nit &or the month in the &irst processing !epartment is closest to: A= E14.4/

MAS REVIEWER <= E/1.4/ C= E15.-' D= E47.6/ Ans#er: A Ae)el: Me!i m A,: 4 17-. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E441"6'<= E/66"-41 C= E/71"177 D= E/'/"777 Ans#er: A Ae)el: Me!i m A,: / 174. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to: A= E11"''4 <= E45"741 C= E4'"5/6 D= E1''"4/Ans#er: < Ae)el: Me!i m A,: / Chapter 4 Systems Design: Process Costing 115 Barrison" Managerial Acco nting" 1'th E!ition 0se the &ollo#ing to ans#er ( estions 17/*174: Domingo Corporation ses the #eighte!*a)erage metho! in its process costing system. .his month" the %eginning in)entory in the &irst processing !epartment consiste! o& 477 nits. .he costs an! percentage completion o& these nits in %eginning in)entory #ere: Cost Percent Complete Materials costs ................... E/"/77 /7D Con)ersion costs ............... E1"477 '7D A total o& 1"577 nits #ere starte! an! 1"177 nits #ere trans&erre! to the secon! processing !epartment ! ring the month. .he &ollo#ing costs #ere inc rre! in the &irst processing !epartment ! ring the month: Materials costs ................... E1/5"477 Con)ersion costs ............... E1'7"477 .he en!ing in)entory #as 5/D complete #ith respect to materials an! 4/D complete #ith respect to con)ersion costs. Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 17/. Fo# many nits are in en!ing #or$ in process in)entory in the &irst processing !epartment at the en! o& the month> A= 477 <= 677 C= 1"477 D= 1"177 Ans#er: D Ae)el: Easy A,: 171. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 4"'77 <= 1"6'/ C= 1"177 D= 5'/ Ans#er: < Ae)el: Me!i m A,: ' Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 116 174. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to:

Chapter 4: System Design: Process Costing A= E''.74 <= E''.51 C= E'-.-4 D= E''./1 Ans#er: C Ae)el: Me!i m A,: 4 0se the &ollo#ing to ans#er ( estions 175*114: Fa&&ner Corporation ses the #eighte!*a)erage metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory ....................... /77 Materials costs ........................................................................ E4"577 Con)ersion costs .................................................................... E6"177 Percentage complete #ith respect to materials ...................... 5/D Percentage complete #ith respect to con)ersion ................... //D 0nits starte! into pro! ction ! ring the month ........................ 4"777 0nits trans&erre! to the ne:t !epartment ! ring the month ...... 1"177 Materials costs a!!e! ! ring the month .................................... E17'"477 Con)ersion costs a!!e! ! ring the month ................................ E154"477 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory ............................ 1"477 Percentage complete #ith respect to materials ...................... 17D Percentage complete #ith respect to con)ersion ................... /7D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 175. What are the e( i)alent nits &or materials &or the month in the &irst processing !epartment> A= 547 <= 1"647 C= 4"/77 D= 1"177 Ans#er: < Ae)el: Me!i m A,: ' Chapter 4 Systems Design: Process Costing 147 Barrison" Managerial Acco nting" 1'th E!ition 176. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 1"177 <= 477 C= 1"577 D= 4"/77 Ans#er: C Ae)el: Me!i m A,: ' 117. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E1/.6' <= E14.57 C= E1-.16 D= E14.4Ans#er: A Ae)el: Me!i m A,: 4 111. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E'5.41 <= E'/.57 C= E'6.55 D= E'4.1' Ans#er: A Ae)el: Me!i m A,: 4 11'. .he cost per e( i)alent #hole nit &or the month in the &irst processing !epartment is closest to: A= E47./<= E44.74

MAS REVIEWER C= E44.-5 D= E46.54 Ans#er: C Ae)el: Me!i m A,: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 141 11-. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E-74"777 <= E--'"5-/ C= E'47"471 D= E'54"177 Ans#er: C Ae)el: Me!i m A,: / 114. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to: A= E-4"'45 <= E--"'6C= E1'"1'6 D= E-1"71/ Ans#er: < Ae)el: Me!i m A,: / 0se the &ollo#ing to ans#er ( estions 11/*111: I rt l s Corporation ses the #eighte!*a)erage metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory ........................ 177 Materials costs ......................................................................... E4"777 Con)ersion costs ..................................................................... E'"-77 Percentage complete #ith respect to materials ....................... //D Percentage complete #ith respect to con)ersion .................... '/D 0nits starte! into pro! ction ! ring the month ......................... 1"/77 0nits trans&erre! to the ne:t !epartment ! ring the month ....... /"477 Materials costs a!!e! ! ring the month ..................................... E117"177 Con)ersion costs a!!e! ! ring the month ................................. E5-"'77 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory ............................. 1"477 Percentage complete #ith respect to materials ....................... 47D Percentage complete #ith respect to con)ersion .................... //D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. Chapter 4 Systems Design: Process Costing 14' Barrison" Managerial Acco nting" 1'th E!ition 11/. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E'7'"177 <= E16-"-77 C= E14/"'44 D= E'15"'67 Ans#er: C Ae)el: Me!i m A,: '"4"/ 111. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to: A= E'-"144 <= E4-"74C= E-7"1-7 D= E'4"-// Ans#er: D Ae)el: Me!i m A,: '"4"/ 0se the &ollo#ing to ans#er ( estions 114*1'7:

Chapter 4: System Design: Process Costing A cas Corporation ses the #eighte!*a)erage metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory ........................... 677 Materials costs ............................................................................ E6"177 Con)ersion costs ........................................................................ E4"477 Percentage complete #ith respect to materials .......................... 17D Percentage complete #ith respect to con)ersion ....................... 4/D 0nits starte! into pro! ction ! ring the month ............................ 5"177 0nits trans&erre! to the ne:t !epartment ! ring the month .......... 1"677 Materials costs a!!e! ! ring the month ........................................ E11/"577 Con)ersion costs a!!e! ! ring the month .................................... E1'7"/77 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory ................................ '"177 Percentage complete #ith respect to materials .......................... 4/D Percentage complete #ith respect to con)ersion ....................... '7D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 14114. What are the e( i)alent nits &or materials &or the month in the &irst processing !epartment> A= 6"777 <= 1"/4/ C= 1"677 D= 5"44/ Ans#er: D Ae)el: Me!i m A,: ' 115. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E15.-6 <= E11.41 C= E14./1 D= E14.'4 Ans#er: C Ae)el: Me!i m A,: 4 116. .he cost per e( i)alent #hole nit &or the month in the &irst processing !epartment is closest to: A= E'5.15 <= E-1.4/ C= E-'.-1 D= E-4.'/ Ans#er: C Ae)el: Me!i m A,: 4 1'7. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to: A= E1-"/47 <= E/7"555 C= E-7"117 D= E14"5/1 Ans#er: C Ae)el: Me!i m A,: / Chapter 4 Systems Design: Process Costing 144 Barrison" Managerial Acco nting" 1'th E!ition 0se the &ollo#ing to ans#er ( estions 1'1*1'': Inacio Corporation ses the #eighte!*a)erage metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory:

MAS REVIEWER 0nits in %eginning #or$ in process in)entory ..................... 577 Materials costs ...................................................................... E1'"677 Con)ersion costs .................................................................. E/"777 Percentage complete #ith respect to materials .................... 4/D Percentage complete #ith respect to con)ersion ................. '7D 0nits starte! into pro! ction ! ring the month ...................... 6"/77 0nits trans&erre! to the ne:t !epartment ! ring the month .... 5"477 Materials costs a!!e! ! ring the month .................................. E14'"777 Con)ersion costs a!!e! ! ring the month .............................. E'47"'77 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory .......................... 1"677 Percentage complete #ith respect to materials .................... 67D Percentage complete #ith respect to con)ersion ................. -7D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 1'1. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 5"477 <= 5"647 C= /47 D= 17"-77 Ans#er: < Ae)el: Me!i m A,: ' 1''. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E14.71 <= E14.6/ C= E11.47 D= E15.'6 Ans#er: D Ae)el: Me!i m A,: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 14/ 0se the &ollo#ing to ans#er ( estions 1'-*1'4: 9oos Corporation ses the #eighte!*a)erage metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory .......................... 177 Materials costs ........................................................................... E4"-77 Con)ersion costs ....................................................................... E'"-77 Percentage complete #ith respect to materials ......................... /7D Percentage complete #ith respect to con)ersion ...................... 17D 0nits starte! into pro! ction ! ring the month ........................... 6"477 0nits trans&erre! to the ne:t !epartment ! ring the month ......... 5"177 Materials costs a!!e! ! ring the month ....................................... E161"-77 Con)ersion costs a!!e! ! ring the month ................................... E-1/"577 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory ............................... 1"477 Percentage complete #ith respect to materials ......................... 47D Percentage complete #ith respect to con)ersion ...................... 47D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places.

Chapter 4: System Design: Process Costing 1'-. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E16.1<= E'1.'/ C= E'7.-1 D= E'7.46 Ans#er: < Ae)el: Me!i m A,: '"4 1'4. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E-1.51 <= E-4.4C= E-4.45 D= E-1.44 Ans#er: < Ae)el: Me!i m A,: '"4 Chapter 4 Systems Design: Process Costing 141 Barrison" Managerial Acco nting" 1'th E!ition 0se the &ollo#ing to ans#er ( estions 1'/*1'5: Far#ar! CompanyCs Staining !epartment recor!e! the &ollo#ing acti)ity in 9 ne: H m%er o& 0nits Aa%or an! ,)erhea! Percent Complete! Wor$ in process in)entory" 9 ne 1 ............ 5"777 -/D Starte! into pro! ction ! ring 9 ne .......... /7"777 Wor$ in process in)entory" 9 ne -7 .......... 1'"777 //D All materials are a!!e! at the %eginning o& the process in the Staining Department. 1'/. .he e( i)alent nits &or la%or an! o)erhea! &or 9 ne" sing the +I+, metho!" #ere: A= 41"777 nits <= 46"577 nits C= 4-"'77 nits D= /'"177 nits Ans#er: < Ae)el: Me!i m A,: 1 Appen!i:: 4 1'1. .he e( i)alent nits &or la%or an! o)erhea! &or 9 ne" sing the #eighte!*a)erage metho!" #ere: A= /'"177 nits <= 1'"777 nits C= /7"777 nits D= 41"777 nits Ans#er: A Ae)el: Me!i m A,: ' Appen!i:: 4 1'4. .he e( i)alent nits &or materials &or 9 ne" sing the +I+, metho!" #ere: A= 41"777 nits <= 4'"777 nits C= /5"777 nits D= /7"777 nits Ans#er: D Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 144 1'5. .he e( i)alent nits &or materials &or 9 ne" sing the #eighte!* a)erage metho!" #ere: A= /5"777 nits <= /'"177 nits C= 41"777 nits D= 17"777 nits Ans#er: A Ae)el: Me!i m A,: ' Appen!i:: 4 0se the &ollo#ing to ans#er ( estions 1'6*1-': Acti)ity in Saggers CompanyCs Assem%ly Department &or the month o& March &ollo#s: Percent Complete 0nits Materials Aa%or M ,)erhea! Wor$ in process in)entory" March 1 ............... 1"777 17D 4/D

MAS REVIEWER Starte! into pro! ction ! ring March ............. 1/"777 Wor$ in process in)entory" March -1 ............. 4"777 -/D '7D 1'6. .he e( i)alent nits &or la%or an! o)erhea! &or March" sing the #eighte!*a)erage metho!" are: A= 16"177 nits <= 14"577 nits C= 41"777 nits D= 16"777 nits Ans#er: < Ae)el: Me!i m A,: ' Appen!i:: 4 1-7. .he e( i)alent nits &or materials &or March" sing the #eighte!*a)erage metho!" are: A= 16"777 nits <= 1/"777 nits C= 15"477 nits D= 14"777 nits Ans#er: C Ae)el: Me!i m A,: ' Appen!i:: 4 1-1. .he e( i)alent nits &or la%or an! o)erhea! &or March" sing the +I+, metho!" are: A= 1-"177 nits <= 1/"777 nits C= 1'"/77 nits D= 1/"177 nits Ans#er: D Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 145 Barrison" Managerial Acco nting" 1'th E!ition 1-'. .he e( i)alent nits &or materials &or March" sing the +I+, metho!" are: A= 14"577 nits <= /6"577 nits C= 11"777 nits D= 14"'77 nits Ans#er: A Ae)el: Me!i m A,: 1 Appen!i:: 4 0se the &ollo#ing to ans#er ( estions 1--*1-1: Ae)itt Company ses a process costing system. All !irect materials are a!!e! at the %eginning o& the process. Ae)ittCs pro! ction ( antity sche! le &or Ho)em%er is repro! ce! %elo#. 0nits Wor$*in*process on Ho)em%er 1 ;con)ersion 17D complete= ........ 1"777 0nits starte! ! ring Ho)em%er ........................................................ /"777 .otal nits to acco nt &or ................................................................. 1"777 0nits complete! an! trans&erre! o t &rom %eginning in)entory ...... 1"777 0nits starte! an! complete! ! ring Ho)em%er ................................ -"777 Wor$*in*process on Ho)em%er -7 ;con)ersion '7D complete= ...... '"777 .otal nits acco nte! &or .................................................................. 1"777 1--. 0sing the +I+, metho!" the e( i)alent nits &or !irect materials &or Ho)em%er are: A= /"777 nits <= 1"777 nits C= 4"477 nits D= -"577 nits Ans#er: A Ae)el: Me!i m A,: 1 So rce: CMA" a!apte! Appen!i:: 4 1-4. 0sing the +I+, metho!" the e( i)alent nits &or con)ersion costs &or Ho)em%er are: A= -"477 nits <= -"577 nits C= 4"777 nits D= 4"477 nits Ans#er: < Ae)el: Me!i m A,: 1 So rce: CMA" a!apte! Appen!i:: 4 Chapter 4 Systems Design: Process Costing

Chapter 4: System Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 146 1-/. 0sing the #eighte!*a)erage metho!" the e( i)alent nits &or !irect materials &or Ho)em%er are: A= -"477 nits <= 4"477 nits C= /"777 nits D= 1"777 nits Ans#er: D Ae)el: Me!i m A,: ' So rce: CMA" a!apte! Appen!i:: 4 1-1. 0sing the #eighte!*a)erage metho!" the e( i)alent nits &or con)ersion costs &or Ho)em%er are: A= -"477 nits <= -"577 nits C= 4"777 nits D= 4"477 nits Ans#er: D Ae)el: Me!i m A,: ' So rce: CMA" a!apte! Appen!i:: 4 0se the &ollo#ing to ans#er ( estions 1-4*1-5: J Corporation ses the +I+, metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory ..................... 677 Materials costs ...................................................................... E6"577 Con)ersion costs .................................................................. E6"'77 Percentage complete #ith respect to materials .................... //D Percentage complete #ith respect to con)ersion ................. -7D 0nits starte! into pro! ction ! ring the month ...................... 5"477 Materials costs a!!e! ! ring the month .................................. E1-7"477 Con)ersion costs a!!e! ! ring the month .............................. E''7"177 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory .......................... '"'77 Percentage complete #ith respect to materials .................... 1/D Percentage complete #ith respect to con)ersion ................. '/D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. Chapter 4 Systems Design: Process Costing 157 Barrison" Managerial Acco nting" 1'th E!ition 1-4. Fo# many nits #ere starte! AHD complete! ! ring the month in the &irst processing !epartment> A= 5"477 <= 4"177 C= 1"'77 D= 6"-77 Ans#er: C Ae)el: Me!i m A,: 4 Appen!i:: 4 1-5. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E'6.56 <= E-4.74 C= E-1.74 D= E-1.-5 Ans#er: A Ae)el: Me!i m A,: 1"5 Appen!i:: 4 0se the &ollo#ing to ans#er ( estions 1-6*14/: M llins Corporation ses the +I+, metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory ..................... 477 Materials costs ...................................................................... E11"/77 Con)ersion costs .................................................................. E''"'77 Percentage complete #ith respect to materials .................... 4/D Percentage complete #ith respect to con)ersion ................. 1/D

MAS REVIEWER 0nits starte! into pro! ction ! ring the month ...................... 5"177 0nits trans&erre! to the ne:t !epartment ! ring the month .... 4"577 Materials costs a!!e! ! ring the month .................................. E1/6"-77 Con)ersion costs a!!e! ! ring the month .............................. E-45"/77 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory .......................... 1"/77 Percentage complete #ith respect to materials .................... 1/D Percentage complete #ith respect to con)ersion ................. /7D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 151 1-6. What are the e( i)alent nits &or materials &or the month in the &irst processing !epartment> A= 64/ <= 5"'/7 C= 6"-77 D= 4"177 Ans#er: < Ae)el: Me!i m A,: 1 Appen!i:: 4 147. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 5"76/ <= 4"177 C= 6"-77 D= 4/7 Ans#er: A Ae)el: Me!i m A,: 1 Appen!i:: 4 141. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E'7.4' <= E'1.67 C= E16.-1 D= E14.1Ans#er: C Ae)el: Me!i m A,: 5 Appen!i:: 4 14'. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E45.46 <= E4/.'7 C= E44.15 D= E4-.7/ Ans#er: D Ae)el: Me!i m A,: 5 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 15' Barrison" Managerial Acco nting" 1'th E!ition 14-. .he cost per e( i)alent #hole nit &or the month in the &irst processing !epartment is closest to: A= E1'.-1 <= E41.'4 C= E11.17 D= E/5.'Ans#er: A Ae)el: Me!i m A,: 5 Appen!i:: 4 144. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E467"-5' <= E/46"645 C= E/74"577 D= E/41"/77 Ans#er: A Ae)el: Me!i m A,: 6 Appen!i:: 4 14/. .he cost o& en!ing #or$ in process in)entory in the &irst processing !epartment accor!ing to the companyCs cost system is closest to:

Chapter 4: System Design: Process Costing A= E/1"114 <= E41"447 C= E6-"/47 D= E17"571 Ans#er: A Ae)el: Me!i m A,: 6 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 150se the &ollo#ing to ans#er ( estions 141*145: P ri Corporation ses the +I+, metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory ....................... 477 Materials costs ........................................................................ E4"577 Con)ersion costs .................................................................... E-"-77 Percentage complete #ith respect to materials ...................... 5/D Percentage complete #ith respect to con)ersion ................... 4/D 0nits starte! into pro! ction ! ring the month ........................ /"577 0nits trans&erre! to the ne:t !epartment ! ring the month ...... /"177 Materials costs a!!e! ! ring the month .................................... E16"/77 Con)ersion costs a!!e! ! ring the month ................................ E5'"-77 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory ............................ 1"177 Percentage complete #ith respect to materials ...................... //D Percentage complete #ith respect to con)ersion ................... 4/D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 141. What are the e( i)alent nits &or materials &or the month in the &irst processing !epartment> A= 17/ <= 1"'77 C= 4"477 D= /"-1/ Ans#er: D Ae)el: Me!i m A,: 1 Appen!i:: 4 144. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E1/.'7 <= E15.-C= E1/.61 D= E11.14 Ans#er: A Ae)el: Me!i m A,: 5 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 154 Barrison" Managerial Acco nting" 1'th E!ition 145. .he total cost trans&erre! &rom the &irst processing !epartment to the ne:t processing !epartment ! ring the month is closest to: A= E1/6"677 <= E1/1"577 C= E144"/46 D= E144"/47 Ans#er: D Ae)el: Me!i m A,: 6 Appen!i:: 4 0se the &ollo#ing to ans#er ( estions 146*1/7: Horman! Corporation ses the +I+, metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory .......................... 477 Materials costs ........................................................................... E5"477 Con)ersion costs ....................................................................... E-"477 Percentage complete #ith respect to materials ......................... 47D Percentage complete #ith respect to con)ersion ...................... 17D

MAS REVIEWER 0nits starte! into pro! ction ! ring the month ........................... 1"477 0nits trans&erre! to the ne:t !epartment ! ring the month ......... /"177 Materials costs a!!e! ! ring the month ....................................... E6'"'77 Con)ersion costs a!!e! ! ring the month ................................... E'16"177 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory ............................... 1"/77 Percentage complete #ith respect to materials ......................... 57D Percentage complete #ith respect to con)ersion ...................... '/D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 146. What are the e( i)alent nits &or materials &or the month in the &irst processing !epartment> A= 4"677 <= 1"'77 C= 1"-17 D= 4"177 Ans#er: C Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 15/ 1/7. .he cost per e( i)alent nit &or con)ersion costs &or the &irst !epartment &or the month is closest to: A= E4/.11 <= E/'.51 C= E44.64 D= E45.14 Ans#er: A Ae)el: Me!i m A,: 5 Appen!i:: 4 0se the &ollo#ing to ans#er ( estions 1/1*1/': ,G!emir Corporation ses the +I+, metho! in its process costing system. Data concerning the &irst processing !epartment &or the most recent month are liste! %elo#: <eginning #or$ in process in)entory: 0nits in %eginning #or$ in process in)entory .......................... '77 Materials costs ........................................................................... E1"577 Con)ersion costs ....................................................................... E177 Percentage complete #ith respect to materials ......................... //D Percentage complete #ith respect to con)ersion ...................... 17D 0nits starte! into pro! ction ! ring the month ........................... /"777 0nits trans&erre! to the ne:t !epartment ! ring the month ......... 4"/77 Materials costs a!!e! ! ring the month ....................................... E44"577 Con)ersion costs a!!e! ! ring the month ................................... E1'5"577 En!ing #or$ in process in)entory: 0nits in en!ing #or$ in process in)entory ............................... 477 Percentage complete #ith respect to materials ......................... 5/D Percentage complete #ith respect to con)ersion ...................... 47D Hote: Lo r ans#ers may !i&&er &rom those o&&ere! %elo# ! e to ro n!ing error. In all cases" select the ans#er that is the closest to the ans#er yo comp te!. .o re! ce ro n!ing error" carry o t all comp tations to at least three !ecimal places. 1/1. What are the e( i)alent nits &or con)ersion costs &or the month in the &irst processing !epartment> A= 467

Chapter 4: System Design: Process Costing <= 4"-77 C= 4"647 D= /"'77 Ans#er: C Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing 151 Barrison" Managerial Acco nting" 1'th E!ition 1/'. .he cost per e( i)alent nit &or materials &or the month in the &irst processing !epartment is closest to: A= E11.-1 <= E14.-5 C= E11.1' D= E1/.71 Ans#er: D Ae)el: Me!i m A,: 5 Appen!i:: 4 0se the &ollo#ing to ans#er ( estions 1/-*1/4: .he in&ormation %elo# #as o%taine! &rom the recor!s o& <apst Company &or the month o& May. .he company ses the +I+, metho! in its process costing system. 0nits Aa%or an! ,)erhea! Percent Complete Wor$ in process in)entory" May 1 ............ -"777 -7D Starte! into pro! ction .............................. '7"777 Wor$ in process in)entory" May -1 .......... 4"777 47D All materials are a!!e! at the %eginning o& the man &act ring process. 1/-. .he e( i)alent nits &or material &or the month are: A= '1"177 nits <= ''"/77 nits C= 11"777 nits D= '7"777 nits Ans#er: D Ae)el: Me!i m A,: 1 Appen!i:: 4 1/4. .he e( i)alent nits &or la%or an! o)erhea! &or the month are: A= 14"177 nits <= 15"/77 nits C= 16"477 nits D= '1"177 nits Ans#er: C Ae)el: Me!i m A,: 1 Appen!i:: 4 Chapter 4 Systems Design: Process Costing Barrison" Managerial Acco nting" 1'th E!ition 154 0se the &ollo#ing to ans#er ( estions 1//*1/4: Marlan Man &act ring pro! ces a pro! ct that passes thro gh t#o processing !epartments. .he nits &rom the Mol!ing Department are complete! in the Assem%ly Department. .he acti)ity in the Assem%ly Department &or the c rrent month is presente! %elo#. Marlan ses the +I+, metho! in its process costing system. 0nits in %eginning #or$ in process in)entory ;materials 7D completeK con)ersion '/D complete=........................................ 5"777 0nits trans&erre! in &rom the Mol!ing Department ! ring the month ......................................................................................... 4'"777 0nits complete! an! trans&erre! to &inishe! goo!s ....................... -5"777 0nits in en!ing #or$ in process in)entory ;materials 7D completeK con)ersion 47D complete=........................................ 1'"777 1//. .he e( i)alent nits ;#ith respect to the Mol!ing DepartmentCs costs= trans&erre! &rom the Mol!ing Department to the Assem%ly ! ring the month #ere: A= -7"777 nits <= -5"777 nits C= 47"577 nits D= 4'"777 nits Ans#er: D Ae)el: Me!i m A,: 1 So rce: CMA" a!apte! Appen!i:: 4 1/1. .he e( i)alent nits &or materials &or the Assem%ly Department ! ring the month #ere: A= -7"777 nits <= -5"777 nits C= 47"577 nits

MAS REVIEWER D= 4'"777 nits Ans#er: < Ae)el: Me!i m A,: 1 So rce: CMA" a!apte! Appen!i:: 4 1/4. .he e( i)alent nits &or con)ersion costs &or the Assem%ly Department ! ring the month #ere: A= -1"577 nits <= -5"777 nits C= 47"577 nits D= 4'"577 nits Ans#er: C Ae)el: Me!i m A,: 1 So rce: CMA" a!apte! Appen!i:: 4

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