Question: Computing Units in Process Units Completed and Equivalent Production Using the following data determine which figures should be inserted in the blank spaces If your

Computing Units in Process Units Completed and Equivalent Production Using the following data determine which figures should be inserted in the blank spaces If your answer is zero enter 0 Beginning Units Units Units in Started in Transferred to Ending Units Equivalent Process Production Finished Goods in Process Units a 600 8000 8600 QUESTION 7 b 900 6500 40012 completed QUESTION 8 c 1500 12900 120014 completed QUESTION 9 d 7250 7200 15012 completed QUESTION 10 e 8400 8200 20012 completed QUESTION 11 f 400 6200 6200 14 completed 6300 QUESTION 12 Exercise 59 Computing Unit Cost for Department and for Completed Units AAA Appliances Inc has two production departments The nature of the process is such that no units remain in process in Finishing at the end of the period At the beginning of the period 10000 units with a cost of 30000 were transferred from Assembly to Finishing Finishing incurred costs of 8800 for materials 7200 for labor and 8800 for factory overhead and finished 10000 units during the month a Determine the unit cost for the month in Finishing Round your answer to the nearest cent per unit QUESTION 13 b Determine the unit cost of the products transferred to finished goods Round your answer to the nearest cent per unit QUESTION 14

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!