QUESTION 4
The Townson Manufacturing Company has gathered the following information for the month of September pertaining to its use of
materials in Work in Process: beginning inventory had 4,500 (EUPs) valued at $$13,500; $202,000 of materials were added during
the month; ending inventory consisted of 16,000 (EUPs) and 50,000 units were completed and transferred to the next department.
What is the FIFO value of materials in ending Work in Process Inventory for the month of September? Round to the nearest $1.00.
52553
QUESTION 5
The Miracle Company had 20,000 units in process on December 31, 2020 which was 80% complete as to materials but only 40%
complete as to conversion costs. The company's records show 40,000 units were transferred to the Finished Goods Inventory during
January 2021. On January 31, 2021, 15,000 units were on hand which were 30% complete as to conversion costs and 60% complete
as to materials. What are the equivalent units of production (EUPs) added for the conversion costs in January, assuming Miracle
uses FIFO?
36500
QUESTION 6
The Townson Manufacturing Company has gathered the following information for the month of September. 6,000 units in the
beginning Work in Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs). 60,000 units
were started into production. 50,000 units were completed and transferred to the next department. The ending Work in Process
Inventory is complete as to materials but only 3/8 complete with respect to conversion costs. What are the total equivalent units of
production (EUPs) of materials in the September beginning inventory?
4500
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