Ainsley Industries uses the weighted-average method in its process costing system. Data for the Assembly Department for
Question:
Ainsley Industries uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:
Required:
Compute the cost per equivalent unit for materials, for labour, for overhead, and in total.
Transcribed Image Text:
Work in process, May 1 ... Cost added during May.... Equivalent units of production...... Materials $28,000 $52,000 1,500 Labour Overhead $22,000 $117,500 $18,500 $ 63,600 800 1,200
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Related Book For
Managerial Accounting
ISBN: 9781260193275
12th Canadian Edition
Authors: Ray H. Garrison, Alan Webb, Theresa Libby
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