NexGen Manufacturing commenced a production process with no work-in-progress at the beginning of a period and no losses incurred during the period. Throughout the period, 5,000 units of raw material were input into the process. By the end of the period, 4,500 units had been completed. The closing work-in-progress was 100% complete regarding materials and 60% complete with conversion costs. Calculate the equivalent units of production for the period.Question 11Answera.Materials: 4,500; Conversion costs: 5,300b.Materials: 4,500; Conversion costs: 4,800c.Materials: 5,000; Conversion costs: 4,200d.Materials: 5,000; Conversion costs: 4,800

Assume for a firm that budgeted production for July and August is 180 000 and 200 000 units respectively. It takes half a kilogram of direct material to make one unit of finished product. Materials inventory is maintained at 10 per cent of the next month's budgeted production needs. If the 30 June inventory of materials was 9000 kg, how many kilograms of direct material should be purchased during July?

A manufacturing company inputs 4,500 units into a production process. The normal loss for this process is 10% of the input units. There are no opening or closing inventories. Calculate the normal loss for this production process.

During January, the production department of a process operations system completed and transferred to finished goods a total of 59,000 units. At the end of January, 12,000 additional units were in process in the production department and were 45% complete with respect to conversion. The beginning inventory included conversion cost of $39,200 and the production department incurred conversion costs of $311,100 during January. Compute the cost per equivalent unit for conversion for the department using the weighted-average method.

During December, Krause Chemical Company had the following selected data concerning the manufacture of Xyzine, an industrial cleaner.                                    Production Flow                                      Physical Units        Completed and transferred to the next department                                   100    Add: Ending work-in-process inventory                                                      10 (40% complete as to conversion)              Total units to account for                                                             110    Less: Beginning work-in-process inventory                                               20   (60% complete as to conversion)          Units started during December                                                          90All material is added at the beginning of processing in this department, and conversion costs are added uniformly during the process. The beginning work-in-process inventory had $120 of raw material and $180 of conversion costs incurred. Material added during December was $540 and conversion costs of $1,484 were incurred. Krause uses the weighted-average process-costing method. The total raw material costs in the ending work-in-process inventory for December is

Projected sales for Tony Co. Ltd for next year and beginning and ending inventory data are as follows: Sales20,000 units Beginning Inventory1,000 units Targeted ending inventory5,000 units The selling price is $15 per unit.   Each unit requires 3 kilograms of material which costs $2 per kg.   The beginning inventory of raw materials is 3,000 kg.   The company wants to have 2,400 kg of material in inventory at the end of the year. According to the production budget, how many units should be produced?:Question 9Select one:a. 16,000b.20,000c.21,000d.24,000