FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Assign costs of ending work in process inventory and the units transferred out.

Excel McGraw Hill Excel Question - Saved ✓
File
Dv
B55
Home Insert Draw
56
57
58
A
44 Cost per equivalent unit
45
46 3. Assign costs.
47
48
49
50 Ending work in process inventory:
51
Equivalent units of production
52
Cost per equivalent unit
Cost of ending work in process inventory
Formulas
Calibri (Body) 11 B
X ✓ fx
53
54 Units completed and transferred out:
55
Data
Units transferred to the next department
Cost per equivalent unit
Cost of units transferred out
B
$55.00
Mixing Department
Costs of Ending Work in Process Inventory and the Units Transferred Out
Materials
Conversion
180
$55.00
$9,900
Search (Alt + Q)
$55.00
Review View Help
✓ Av
с
$67.00
D
$67.00
Ev ab
Total
135
$67.00
$9,045 $18,945
E
expand button
Transcribed Image Text:Excel McGraw Hill Excel Question - Saved ✓ File Dv B55 Home Insert Draw 56 57 58 A 44 Cost per equivalent unit 45 46 3. Assign costs. 47 48 49 50 Ending work in process inventory: 51 Equivalent units of production 52 Cost per equivalent unit Cost of ending work in process inventory Formulas Calibri (Body) 11 B X ✓ fx 53 54 Units completed and transferred out: 55 Data Units transferred to the next department Cost per equivalent unit Cost of units transferred out B $55.00 Mixing Department Costs of Ending Work in Process Inventory and the Units Transferred Out Materials Conversion 180 $55.00 $9,900 Search (Alt + Q) $55.00 Review View Help ✓ Av с $67.00 D $67.00 Ev ab Total 135 $67.00 $9,045 $18,945 E
Excel McGraw Hill Excel Question - Saved
File
Dv
B55
Home Insert Draw
Calibri (Body) 11
X ✓ fx
A
55
ConversionT
34 Equivalent units of production
35
36 2. Compute costs.
37
Formulas
Mixing Department
Costs per Equivalent Unit
38
39
40 Cost of beginning work in process inventory
41 Costs added during the period
42 Total cost
43 Equivalent units of production
44 Cost per equivalent unit
Data
B
B
6,230
Materials
$10,500
332,150
$342,650
6,230
$55.00
Search (Alt + Q)
Review View
VA
15
6,185
Conversion
$6,750
407,645
$414,395
6,185
$67.00
Help
D
expand button
Transcribed Image Text:Excel McGraw Hill Excel Question - Saved File Dv B55 Home Insert Draw Calibri (Body) 11 X ✓ fx A 55 ConversionT 34 Equivalent units of production 35 36 2. Compute costs. 37 Formulas Mixing Department Costs per Equivalent Unit 38 39 40 Cost of beginning work in process inventory 41 Costs added during the period 42 Total cost 43 Equivalent units of production 44 Cost per equivalent unit Data B B 6,230 Materials $10,500 332,150 $342,650 6,230 $55.00 Search (Alt + Q) Review View VA 15 6,185 Conversion $6,750 407,645 $414,395 6,185 $67.00 Help D
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