Question: Bae, Inc. uses the weighted average method in its process costing system. The following data concern the operations of the company's first processing department for
Bae, Inc. uses the weighted average method in its process costing system. The following data
concern the operations of the company's first processing department for a recent month.
Answer the questions below regarding Bae. To receive any credit for a question, you must
show your work.
Beginning WIP
Units in process:
Costs in Beginning WIP:
Materials: $
Conversion Cost: $
Units started into production during the month
Units completed and transferred out:
Costs added to production during the month:
Materials: $
Conversion: $
Units in Ending WIP were complete with respect to materials and complete
with respect to conversion costs.
How many units does Bae have in in Ending WIP? points
:
Compute the equivalent units of production for materials. points
EWIP
Compute the equivalent units of production for conversion costs. points
Compute Bae's total materials cost to be accounted for. points
Compute Bae's total conversion cost to be accounted for. points
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