Question: A production department s beginning inventory cost includes 394 900 of conversion
A production department’s beginning inventory cost includes $394,900 of conversion costs. This department incurs an additional $907,500 in conversion costs in the month of March. Equivalent units of production for conversion total 740,000 for March. Calculate the cost per equivalent unit of conversion using the weighted-average method.
Relevant QuestionsThe Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 units during November. The following production activity unit and cost information refers to the assembly ...Refer to the information in QS. Calculate the assembly department’s cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method. IN QS Refer to QS. Using the FIFO method, assign direct materials costs to the roasting department’s output—specifically, the units transferred out to the mixing department and the units that remain in process in the roasting ...The production department described in Exercise 20-8 had $850,368 of direct materials and $649,296 of conversion costs charged to it during April. Also, its beginning inventory of $167,066 consists of $118,472 of direct ...Dengo Co. makes a trail mix in two departments: roasting and blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO ...
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