Department A had 5,000 units in work in process that were 60% completed as to labor and overhead at the beginning of the period, 34,000 units of direct materials were added during the period, 31,000 units were completed during the period, and 2,000 units were 80% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. ​The number of equivalent units of production for material costs for the period was

Journalizing the entries for jobs shipped and customers billed would include a credit to

In a job order costing system used by a service business, which of the following items would normally be included as part of overhead?

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $55,000, $65,000, and $80,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. ​The entry to journalize the flow of costs into Department 1 for direct labor is

The following production data were taken from the records of the Finishing Department for June:  Inventory in process, June 1, 30% completed 4,000 units  Completed units during June 65,000 units  Ending inventory, 60% completed 7,000 units ​The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process, is

Department K had 3,000 units 45% completed in process at the beginning of the period, 17,000 units completed during the period, and 1,200 units 40% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost.

Journalizing the entry for the application of factory overhead costs to jobs would include a credit to

Costs that are incurred in generating revenues during the period, but not involved in the manufacturing process, are referred to as

Department J had no work in process at the beginning of the period, 18,000 units were completed during the period, and 2,000 units were 30% completed at the end of the period. The following manufacturing costs were debited to the departmental work in process account during the period. Assume the company uses FIFO and rounds cost per unit to two decimal places. Direct materials (20,000 at $5) $100,000 Direct labor 142,300 Factory overhead 57,200 ​Assuming that all direct materials are placed in process at the beginning of production, the total cost of the departmental work in process inventory at the end of the period is

The direct materials costs and direct labor costs incurred by a production department are referred to as conversion costs.