Question

Required
For the data in Exercise 5- 14, summarize total costs to account for, calculate cost per equivalent unit for direct materials and conversion costs, and assign total costs to units completed ( and transferred out) and to units in ending work in process.
Exercise 5- 14


.:.
aDegree of completion: direct materials, 80%; conversion costs, 35%.
bDegree of completion: direct materials, 80%; conversion costs, 80%.

Required
1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.
2. What issues should the manager focus on when reviewing the equivalent units calculation?



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  • CreatedJanuary 15, 2015
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