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1

Santini Company uses the weighted-average method in its process costing system. The following data were taken from the company's accounting records:

Beginning work in process inventory 
(100% complete as to materials; 
70% complete as to conversion)120,000 units
Started in process during the period360,000 units
Ending work in process inventory 
(100% complete as to materials; 
60% complete as to conversion)80,000 units

The equivalent units of production for conversion costs were:

A)400,000 units.
B)408,000 units.
C)444,000 units.
D)448,000 units.
2

Drafke Company, a manufacturer of bicycle tires, uses the weighted-average method in its process costing system. The company sold 500,000 units during the month of June. There is only one processing department. The following data were taken from the company's accounting records:

Inventory at June 1: 
Work in process None
Finished goods150,000 units
Inventory at June 30: 
Work in process (75% complete as to conversion costs)32,000 units
Finished goods120,000 units

What were the equivalent units of production for conversion costs for June?

A)303,000
B)470,000
C)494,000
D)502,000
3

Murdock Company uses the weighted-average method in its process costing system. The following information pertains to Processing Department #1 for the month of August:

 NumberCost of
 of unitsmaterials
Beginning work in process 120,000$ 40,000
Started in August 320,000$104,000
Units completed 340,000 
Ending work in process 100,000 

All materials are added at the beginning of the process. The cost per equivalent unit for materials is closest to:

A)$0.25.
B)$0.34.
C)$0.44.
D)$1.48.
4

The Aurora Company uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on May 31 consisted of 72,000 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for May was $11.00 for materials and $17.00 for labor and overhead, the total cost assigned to the ending work in process inventory was:

A)$1,209,600.
B)$1,281,600.
C)$1,526,400.
D)$2,016,000.







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