Century 21 Accounting General Journal
Century 21 Accounting General Journal
11th Edition
ISBN: 9781337680059
Author: Gilbertson
Publisher: Cengage
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Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Department completed its processing of 25,800 units and transferred them to the next department. The costs of beginning work in process inventory and the costs added during January amounted to $709,425 in total. The ending work in process inventory in January consisted of 2,900 units, which were 50% complete with respect to materials and 30% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows: Materials Labor Overhead Cost per equivalent unit $13.80 $4.60 $ 7.90 Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January.
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How much was the material quantity variance?
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