# Question

Ridgecrest Company manufactures plastic storage crates and has the following information available for the month of April:

Required:

Using the weighted-average method of process costing, complete each of the following steps:

1. Reconcile the number of physical units worked on during the period.

2. Calculate the number of equivalent units.

3. Calculate the cost per equivalent unit rounded to five decimal places.

4. Reconcile the total cost of work inprocess.

Required:

Using the weighted-average method of process costing, complete each of the following steps:

1. Reconcile the number of physical units worked on during the period.

2. Calculate the number of equivalent units.

3. Calculate the cost per equivalent unit rounded to five decimal places.

4. Reconcile the total cost of work inprocess.

## Answer to relevant Questions

Refer to E3-8 for information regarding Ridgecrest Company. Required Complete all requirements for E3-8 using the FIFO method. 1. Reconcile the number of physical units worked on during the period.2. Calculate the number of ...Mirada Company manufactures handheld calculators and has the following information available for the month of July:Required: Using the weighted-average method of process costing, complete each of the following steps:1. ...Sereno Company makes piñatas for children's birthday parties. Information for Sereno's last six months of operation is listed below. Required: Prepare the journal entries to record each of the following transactions. (a) ...Refer to the information about Mallory Inc. in PB3-1.Required:Complete all requirements for PB3-1 using the FIFO method. Requirements from PB3-11. Using the weighted-average method of process costing, complete each of the ...Why must costs be classified into different categories for ABC? What is the basis for these categories?Post your question

0