The Finishing Department reports the following data for the month: Equivalent Units of Production: Transferred In .............
Question:
Equivalent Units of Production:
Transferred In ............. 3,000
Direct Materials .......... 3,000
Conversion Costs ........ 2,250
Calculate the cost per equivalent units of production for each input. The company uses the weighted-average method?
Transcribed Image Text:
Beginning WIP Added this Month Costs: Total Transferred In $ 7,500 3,250 $ 22,500 9,750 %24 $ 15,000 6,500 13,000 Direct Materials 6,125 19,125 Conversion Costs Total $ 16,875 $ 51,375 $ 34,500
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Transferred In 22500 3000 EUP 75...View the full answer
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Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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