Flynn Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled 80,000 and ending work in process equaled 32,000 units. Flynn had no...


Flynn Company has recently tried to improve its analysis for its manufacturing<br>process. Units started into production equaled 80,000 and ending work in process<br>equaled 32,000 units. Flynn had no beginning work in process inventory. Conversion<br>costs are applied equally throughout production, and materials are applied at the<br>beginning of the process. How much is the materials cost per unit if ending work in<br>process was 30% complete and total materials costs equaled $200,000?<br>O $2.50<br>O $4.00<br>O $10.00<br>O $2,84<br>

Extracted text: Flynn Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled 80,000 and ending work in process equaled 32,000 units. Flynn had no beginning work in process inventory. Conversion costs are applied equally throughout production, and materials are applied at the beginning of the process. How much is the materials cost per unit if ending work in process was 30% complete and total materials costs equaled $200,000? O $2.50 O $4.00 O $10.00 O $2,84
Fern Company reported the following year-end information:<br>Beginning work in process inventory<br>$1,200,000<br>Beginning raw materials inventory<br>500,000<br>Ending work in process inventory<br>800,000<br>Ending raw materials inventory<br>400,000<br>Raw materials purchased<br>800,000<br>Direct labor<br>700,000<br>Manufacturing overhead<br>600,000<br>Fern Company's cost of goods manufactured for the year is<br>$2,900,000.<br>O $1,800,000.<br>O $4,200,000.<br>$2,600,000.<br>

Extracted text: Fern Company reported the following year-end information: Beginning work in process inventory $1,200,000 Beginning raw materials inventory 500,000 Ending work in process inventory 800,000 Ending raw materials inventory 400,000 Raw materials purchased 800,000 Direct labor 700,000 Manufacturing overhead 600,000 Fern Company's cost of goods manufactured for the year is $2,900,000. O $1,800,000. O $4,200,000. $2,600,000.

Jun 02, 2022
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