Homework Help is Here – Start Your Trial Now!
Business
Accounting
9) Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Conversion costs dinom dtnom erit pub Beginning work in process inventory: belan 000 Units in beginning work in process inventory alsts 1,250 001 Materials costs inom od pub bebbs adeo noia $ 12,600 Von 10w $ 22,750 VI Percent complete with respect to materials Percent complete with respect to conversion moo Units started into production during the q 922 month of oq tiw edelamos tr Units transferred to the next department grizzsduring the month isqob gni be 00 80г 75% 65% 9,700 8,900 mot bestens 1200 Istot 9dT Materials costs added during the monthom sdt gnhub $170,300 Conversion costs added during the month 199 120" br$ 359,500 Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion e12,2812 (A 208,212 2,050 ersaria (8 eos.rosa (a 65% 50% The cost of a completed unit transferred out of the department is closest to: illey ( I Note: Round equa algsein of 199929 and round all other whole number ditivemediate ca 000.0 A) $57.77 1200 vagninniged ed a gred 90 1200 9dT 21209 noiz LEO 2BW 109Leviups edT tuo benistan 919 B) $71.11 adibuat200 nov C) $60.94 D) $53.07 1200 to atinu 000,S2dnom sdt gnnua 10 0S.AZ bns alsinstsm 101 0.82 ed of betuq noisotni zid avid bodiem 9gs19vs-betrgiew 2w to bтtab bel 000 ar£2

9) Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Conversion costs dinom dtnom erit pub Beginning work in process inventory: belan 000 Units in beginning work in process inventory alsts 1,250 001 Materials costs inom od pub bebbs adeo noia $ 12,600 Von 10w $ 22,750 VI Percent complete with respect to materials Percent complete with respect to conversion moo Units started into production during the q 922 month of oq tiw edelamos tr Units transferred to the next department grizzsduring the month isqob gni be 00 80г 75% 65% 9,700 8,900 mot bestens 1200 Istot 9dT Materials costs added during the monthom sdt gnhub $170,300 Conversion costs added during the month 199 120" br$ 359,500 Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion e12,2812 (A 208,212 2,050 ersaria (8 eos.rosa (a 65% 50% The cost of a completed unit transferred out of the department is closest to: illey ( I Note: Round equa algsein of 199929 and round all other whole number ditivemediate ca 000.0 A) $57.77 1200 vagninniged ed a gred 90 1200 9dT 21209 noiz LEO 2BW 109Leviups edT tuo benistan 919 B) $71.11 adibuat200 nov C) $60.94 D) $53.07 1200 to atinu 000,S2dnom sdt gnnua 10 0S.AZ bns alsinstsm 101 0.82 ed of betuq noisotni zid avid bodiem 9gs19vs-betrgiew 2w to bтtab bel 000 ar£2

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 16E: Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The...
See similar textbooks
icon
Related questions
Question

Please do not give solution in image format thanku 

9) Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Conversion costs dinom dtnom erit pub Beginning work in process inventory: belan 000 Units in beginning work in process inventory alsts 1,250 001 Materials costs inom od pub bebbs adeo noia $ 12,600 Von 10w $ 22,750 VI Percent complete with respect to materials Percent complete with respect to conversion moo Units started into production during the q 922 month of oq tiw edelamos tr Units transferred to the next department grizzsduring the month isqob gni be 00 80г 75% 65% 9,700 8,900 mot bestens 1200 Istot 9dT Materials costs added during the monthom sdt gnhub $170,300 Conversion costs added during the month 199 120" br$ 359,500 Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion e12,2812 (A 208,212 2,050 ersaria (8 eos.rosa (a 65% 50% The cost of a completed unit transferred out of the department is closest to: illey ( I Note: Round equa algsein of 199929 and round all other whole number ditivemediate ca 000.0 A) $57.77 1200 vagninniged ed a gred 90 1200 9dT 21209 noiz LEO 2BW 109Leviups edT tuo benistan 919 B) $71.11 adibuat200 nov C) $60.94 D) $53.07 1200 to atinu 000,S2dnom sdt gnnua 10 0S.AZ bns alsinstsm 101 0.82 ed of betuq noisotni zid avid bodiem 9gs19vs-betrgiew 2w to bтtab bel 000 ar£2
Transcribed Image Text:9) Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Conversion costs dinom dtnom erit pub Beginning work in process inventory: belan 000 Units in beginning work in process inventory alsts 1,250 001 Materials costs inom od pub bebbs adeo noia $ 12,600 Von 10w $ 22,750 VI Percent complete with respect to materials Percent complete with respect to conversion moo Units started into production during the q 922 month of oq tiw edelamos tr Units transferred to the next department grizzsduring the month isqob gni be 00 80г 75% 65% 9,700 8,900 mot bestens 1200 Istot 9dT Materials costs added during the monthom sdt gnhub $170,300 Conversion costs added during the month 199 120" br$ 359,500 Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion e12,2812 (A 208,212 2,050 ersaria (8 eos.rosa (a 65% 50% The cost of a completed unit transferred out of the department is closest to: illey ( I Note: Round equa algsein of 199929 and round all other whole number ditivemediate ca 000.0 A) $57.77 1200 vagninniged ed a gred 90 1200 9dT 21209 noiz LEO 2BW 109Leviups edT tuo benistan 919 B) $71.11 adibuat200 nov C) $60.94 D) $53.07 1200 to atinu 000,S2dnom sdt gnnua 10 0S.AZ bns alsinstsm 101 0.82 ed of betuq noisotni zid avid bodiem 9gs19vs-betrgiew 2w to bтtab bel 000 ar£2
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS