Reference no: EM131671358

Question -

A unit of production is a 1,000 bag of crickets.  For example in the brooder department process, there were 6,000 physical units in June in the beginning work-in-process inventory; which are 6,000 bags (each one of those bags contains 1,000 crickets).  The following information is available for the brooding department during June for Aspire Food Group.

Beginning work in process inventory:

Units in beginning work in process inventory                    6,000 bags

Materials costs                                                              $38,015

Conversion costs                                                          $7,700

Percentage complete with respect to materials                70%

Percentage complete with respect to conversion             40%

Units started into production during the month                23,000 bags

Materials costs added during the month                         $166,870

Conversion costs added during the month                     $51,527

Ending work in process inventory:

Units in ending work in process                                    9,000 bags

Percentage complete with respect to materials              75%

Percentage complete with respect to conversion            45%

1. What are the total units started and completed during the month?

2. What are the total units transferred out during the month?

3. What are the equivalent units for materials for the month in the first processing department?

4. What are the equivalent units for conversion costs for the month in the first processing department?

5. The cost per equivalent unit for materials for the month in the first processing department is closest to:

6. The cost per equivalent unit for conversion costs for the first department for the month is closest to:

7. The cost per equivalent whole unit for the month in the first processing department is closest to:

8. The total cost assigned to beginning inventory is closest to:

9. The total cost transferred from the first processing department to the next processing department during the month is closest to: