The blending department had the following data for the month of March: Units in BWIP Units
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Question:
The blending department had the following data for the month of March:
Units in BWIP | — |
Units completed | 21,600 |
Units in EWIP (10% complete) | 2,250 |
Total manufacturing costs | $106,943 |
Required:
1. What is the output in equivalent units for March?
2. What is the unit manufacturing cost for March? Note : Round your answer to the nearest cent.
3. Compute the cost of goods transferred out for March.
4. Calculate the value of March's EWIP.
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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