Below is August's unit and cost data for a manufacturing firm in Department 1 that uses...

 

Transcribed Image Text:

Below is August's unit and cost data for a manufacturing firm in Department 1 that uses weighted average costing. Beginning units in process (100% direct materials, 65% conversion costs) Work-in-process inventory-beginning Units tranferred in during the period Costs transferred in during the period Costs added this period 1,45,000 Tk 4,72,000 380,000 Tk 5,88,000 Direct materials Tk 8,12,700 Tk 6,76,260 Tk 4,87,305 Direct labor Factory overhead (applied) Units tranferred out to finished goods inventory Ending units in process (100% direct materials and 70% conversion costs) 4,10,000 Required Calculate the equivalent units for department 1. Prepare the costs accounted for section for the cost of production report for Department 1. i. 11. Below is August's unit and cost data for a manufacturing firm in Department 1 that uses weighted average costing. Beginning units in process (100% direct materials, 65% conversion costs) Work-in-process inventory-beginning Units tranferred in during the period Costs transferred in during the period Costs added this period 1,45,000 Tk 4,72,000 380,000 Tk 5,88,000 Direct materials Tk 8,12,700 Tk 6,76,260 Tk 4,87,305 Direct labor Factory overhead (applied) Units tranferred out to finished goods inventory Ending units in process (100% direct materials and 70% conversion costs) 4,10,000 Required Calculate the equivalent units for department 1. Prepare the costs accounted for section for the cost of production report for Department 1. i. 11.

Answer rating: 100% (QA)

Part 1 TAMAR Company Production Cost Report For the month ended May 3... View the full answer