1. what are the equivalent units of production for materials?
2 What are the equivalent units of production for labor and overhead?
3 what is the total unit cost?
4 what is the total cost ti transferred out units?
5 if the loss is not normal, how much would have been the tit cost of the transferred out goods?

 

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The following information is available for Kentucky Company for the month of March All materials are added at the start of production. Data for Finishing Dept, a second department, follows: Beginning Work in Process: Transferred In Ending Work in Process: (80% complete) Transferred out Normal Loss (end) Beginning Work in Process Costs: In Transferred Material Conversion Current Costs: Transferred in Materials Conversion Total Costs 8,000 35,000 15,000 20,000 ??? $ 13,250 $ 14,500 $ 45,000 105,000 50,000 175.000 $402,750 units Required: Prepare a production cost report for March. The following information is available for Kentucky Company for the month of March All materials are added at the start of production. Data for Finishing Dept, a second department, follows: Beginning Work in Process: Transferred In Ending Work in Process: (80% complete) Transferred out Normal Loss (end) Beginning Work in Process Costs: In Transferred Material Conversion Current Costs: Transferred in Materials Conversion Total Costs 8,000 35,000 15,000 20,000 ??? $ 13,250 $ 14,500 $ 45,000 105,000 50,000 175.000 $402,750 units Required: Prepare a production cost report for March.

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To prepare a production cost report for March we need to calculate the equivalent units of productio... View the full answer