Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Beginning work in process inventory Costs added this period Direct materials Conversion Total costs to account for Units -Equivalent units of production Cost per equivalent unit of production 4,100 20,300 24,400 3,500 $ 299,880 1,265,220 Direct Materials Conversion Materials Percent Percent Complete Complete 100% 40% 100% $ 123,950 1,565,100 $ 1,689,050 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production 80% Conversion
Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Beginning work in process inventory Costs added this period Direct materials Conversion Total costs to account for Units -Equivalent units of production Cost per equivalent unit of production 4,100 20,300 24,400 3,500 $ 299,880 1,265,220 Direct Materials Conversion Materials Percent Percent Complete Complete 100% 40% 100% $ 123,950 1,565,100 $ 1,689,050 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production 80% Conversion
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 1CMA: During December, Krause Chemical Company had the following selected data concerning the manufacture...
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