Solved

Department W Had 2,400 Units, One-Third Completed at the Beginning

Question 4

Multiple Choice

Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs.​
-Carolwood Company manufactures widgets and uses process costing. The status of the beginning and ending inventory is: Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs.​ -Carolwood Company manufactures widgets and uses process costing. The status of the beginning and ending inventory is:   Direct materials are added to the manufacturing process in stages. None are added when production begins. Approximately half of the materials are added when the product is 25% complete. The other half are added when the product is 50% complete.​ The percentages complete of beginning inventory and ending inventory with respect to direct materials (DM)  and conversion costs (CC) , respectively, are  A)   B)   C)   D)   Direct materials are added to the manufacturing process in stages. None are added when production begins. Approximately half of the materials are added when the product is 25% complete. The other half are added when the product is 50% complete.​ The percentages complete of beginning inventory and ending inventory with respect to direct materials (DM) and conversion costs (CC) , respectively, are


A) Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs.​ -Carolwood Company manufactures widgets and uses process costing. The status of the beginning and ending inventory is:   Direct materials are added to the manufacturing process in stages. None are added when production begins. Approximately half of the materials are added when the product is 25% complete. The other half are added when the product is 50% complete.​ The percentages complete of beginning inventory and ending inventory with respect to direct materials (DM)  and conversion costs (CC) , respectively, are  A)   B)   C)   D)
B) Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs.​ -Carolwood Company manufactures widgets and uses process costing. The status of the beginning and ending inventory is:   Direct materials are added to the manufacturing process in stages. None are added when production begins. Approximately half of the materials are added when the product is 25% complete. The other half are added when the product is 50% complete.​ The percentages complete of beginning inventory and ending inventory with respect to direct materials (DM)  and conversion costs (CC) , respectively, are  A)   B)   C)   D)
C) Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs.​ -Carolwood Company manufactures widgets and uses process costing. The status of the beginning and ending inventory is:   Direct materials are added to the manufacturing process in stages. None are added when production begins. Approximately half of the materials are added when the product is 25% complete. The other half are added when the product is 50% complete.​ The percentages complete of beginning inventory and ending inventory with respect to direct materials (DM)  and conversion costs (CC) , respectively, are  A)   B)   C)   D)
D) Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs.​ -Carolwood Company manufactures widgets and uses process costing. The status of the beginning and ending inventory is:   Direct materials are added to the manufacturing process in stages. None are added when production begins. Approximately half of the materials are added when the product is 25% complete. The other half are added when the product is 50% complete.​ The percentages complete of beginning inventory and ending inventory with respect to direct materials (DM)  and conversion costs (CC) , respectively, are  A)   B)   C)   D)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions