Arizaga Corporation manufactures canoes in two departments, Fabrication and Waterproofing (only answers)

Arizaga Corporation manufactures canoes in two departments,
Fabrication and Waterproofing. In the Fabrication Department, fiberglass
panels are attached to a canoe- shaped aluminum frame. The canoes are then
transferred to the Waterproofing department to be coated with sealant.
Arizaga uses a weighted-average process cost system to collect costs in both
departments.

All materials in the Fabrication Department are added at the
beginning of the production process. On July 1, the Fabrication Department
had 450 canoes in process that were 20% complete with respect to conversion
cost. On July 31, Fabrication had 670 canoes in process that were 30%
complete with respect to conversion cost. During July, the Fabrication
Department completed 8,000 canoes and transferred them to the Waterproofing
Department.

What are the Fabrication Department’s equivalent units related to
materials for July?

Heller Corporation uses the weighted-average method in its
process costing system. Data concerning the first processing department for
the most recent month are listed below:

Beginning work in process inventory:

Units in beginning work in process inventory

700

Materials costs

$10,600

Conversion costs

$9,500

Percent complete with respect to materials

65%

Percent complete with respect to conversion

30%

Units started into production during the month

17,300

Units transferred to the next department during the
month

16,800

Materials costs added during the month

$168,980

Conversion costs added during the month

$303,430

Ending work in process inventory:

Units in ending work in process inventory

1,200

Percent complete with respect to materials

60%

Percent complete with respect to conversion

25%

Chae Corporation uses the weighted-average method in its process
costing system. This month, the beginning inventory in the first processing
department consisted of 640 units. The costs and percentage completion of
these units in beginning inventory were:

Cost

Percent Complete

Materials costs

$7,300

80%

Conversion costs

$6,300

20%

A total of 9,500 units were started and 8,200 units were
transferred to the second processing department during the month. The
following costs were incurred in the first processing department during the
month:

Materials costs

$137,300

Conversion costs

$323,300

The ending inventory was 80% complete with respect to materials
and 75% complete with respect to conversion costs.
Note: Your answers may differ from those offered below due to
rounding error. In all cases, select the answer that is the closest to the
answer you computed.

How many units are in ending work in process inventory in the
first processing department at the end of the month?

Sanchez Corporation uses the weighted-average method in its
process costing system. The Fitting Department is the second department in
its production process. The data below summarize the department’s operations
in March.(Do not round Cost per equivalent unit.)

Units

Percent Complete with Respect
to Conversion

Beginning work in process inventory

7,100

75%

Transferred in from the prior department during
March

52,500

Ending work in process inventory

4,100

80%

The Fitting Department’s cost per equivalent unit for conversion
cost for March was $9.56. How much conversion cost was assigned to the units
transferred out of the Fitting Department during March?