Question: Computing costs and units Assuming that all materials are added at the beginning cess and that labor and factory overhead are applied the process, compute
Computing costs and units Assuming that all materials are added at the beginning cess and that labor and factory overhead are applied the process, compute the figures to be inserted in the b of the following data, using the weighted average cost [ Hint for best success in solving each Case, solve numerical order starting with (1)] beginning of the pro- applied evenly during the blank spaces de cost method. solve them in Case 1 Case 2 300 -0 Case 3 (3) $ 568 $ 200 $ 188 19,200 (2) Units in process, beginning of period .......... Materials cost in process, beginning of period...... Labor cost in process, beginning of period.......... Overhead cost in process, beginning of period ..... Units started in process......... Units finished and transferred ......... Units in process, end of period ...... Stage of completion......... Equivalent units-materials ....... Equivalent units-labor and factory overhead........ Materials cost, current month.......... Labor and factory overhead combined cost, current month...... $ 915 $ 351 $ 300 (1) 1,300 200 114 (2) (3) $3,660 -O- (5) 8,000 (2) 14 (1) (3) $13,120 1,400 115 14 18,440 (5) $5,100 $16,200 (4) $1.60 $.30 Materials unit cost for period ......... Labor and factory overhead combined unit cost for period ........ $2.00 (5) $.20
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