Question - Robbins Company had the following information for 20X5:
Beginning work in process 100,000 units; units started, 575,000; and ending work in process, 75,000 units. The beginning work in process was 100% complete as to direct materials and 75% complete as to conversion costs. The ending work in process was 100% complete as to direct materials and 50% complete as to conversion costs. Total direct material put into process cost $575,000, total conversion costs put into process cost $843,750, and beginning work in process was $100,000 for material and $112,500 for conversion.
1. Using weighted-average, what were the equivalent units of production for direct materials during 20X5?
a. 675,000
b. 600,000
c. 637,500
d. 37,500
2. Using weighted-average, what was the cost per equivalent unit for materials for 20X5?
a. $1.00
b. $0.85
c. $1.50
d. $1.32
3. Using the weighted-average, what was the cost per equivalent unis for conversion costs for 20X5?
a. $1.00
b. $1.50
c. $2.50
d. $1.32
4. Using the weighted-average, what was the direct materials cost allocated to ending work in process for 20X5?
a. $75,000
b. $600,000
c. $56,250
d. $675,000
5. Using weighted-average, what were the equivalent units of production for conversion costs for 20X5?
a. 675,000
b. 37,000
c. 637,500
d. 600,000