A-7 WA EUP: second departmentAngerstein Inc. produces calendars in a two-process, two-department operation. In the Printing Department, calendars are printed and cut. In the Assembly Department, the material received from Printing is assembled into individual calendars and bound. Each departmentmaintains its own work in Process Inventory, and costs are assigned using weighted average process costing. In Assembly, conversion costs are incurred evenly throughout the process, direct material is added at the end of the process. For September, the following production andcost information is available for the Assembly Department:.• Beginning WIP Inventory: 5,000 calendars (30 percent complete as to conversion); transferred in cost, $7.550: conversion cost, $1.093• Transferred in during September: 80,000 calendars• Current period costs: transferred in. $80.000; direct material, $10,270: conversion. $13,991• Ending WIP Inventory: 6,000 calendars (80 percent complete as to conversion)For the Assembly Department, compute the following:a. Equivalent units of production for each cost componentEU for transferred inEU for direct materials80,000 x79,000✔0xEU for conversionb. Cost per EUP for each cost componentNote: Round your answers to two decimal places.1.01 XTransferred in cost per EUP $Material cost per EUPS0.13 ✔Conversion cost per EUPS0.17 Xc. Cost transferred to Finished Goods InventoryNote: Round your final answer to the nearest whole dollar.Note: Use the rounded rates from part (b) in your calculations.$ 106,088xd. Cost of ending WIP InventoryNote: Round your final answer to the nearest whole dollar.Note: Use the rounded rates from part (b) in your calculations.$ 6,816x11:57 PM

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Description: A-7 WA EUP: second departmentAngerstein Inc. produces calendars in a two-process, two-department operation. In the Printing Department, calendars are printed and cut. In the Assembly Department, the material received from Printing is assembled into i

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For the Assembly Department, compute the following: a. Equivalent units of production for each cost component EU for transferred in EU for direct materials EU for conversion ox b. Cost per EUP for each cost component Note: Round your answers to two decimal places. 80.000 x 79,000 x Transferred in cost per EUP S Material cost per EUP S Conversion cost per EUP S c. Cost transferred to Finished Goods Inventory Note: Round your final answer to the nearest whole dollar. Note: Use the rounded rates from part (b) in your calculations. $ 106,088 1.01 X 0.13 ✓ 0.17 x

For the Assembly Department, compute the following: a. Equivalent units of production for each cost component EU for transferred in EU for direct materials EU for conversion ox b. Cost per EUP for each cost component Note: Round your answers to two decimal places. 80.000 x 79,000 x Transferred in cost per EUP S Material cost per EUP S Conversion cost per EUP S c. Cost transferred to Finished Goods Inventory Note: Round your final answer to the nearest whole dollar. Note: Use the rounded rates from part (b) in your calculations. $ 106,088 1.01 X 0.13 ✓ 0.17 x

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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A) 7,800 B) 4,800 C) 6,800 D) 5,800
Answe no. 14 and 15 thank you
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ent II - Chapter 5 Saved Help Save & E 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 18.5989 11.93794 17.5989 11.63496 19.1569 12.29607 20.1569 12.56110 20.7616 12.93794 Monica wants to sell her share of an investment to Barney for $140,000 in 4 years. If money is wOrth 6% compounded semiannually, what would Monica accept today? Multiple Choice 110,517 $ 109.263 ( Prev 7 of 15 Next>