Consider the following information Kilogram Percent Completed Cost Material Conversion Material Conversion WIP, May 1 60,000 70%
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Question:
Consider the following information
| Kilogram | Percent Completed | Cost | ||
Material | Conversion | Material | Conversion | ||
WIP, May 1 | 60,000 | 70% | 30% | 1004,500 | 1105,000 |
Started into production during May | 540,000 |
|
|
|
|
WIP, May 31 | 120,000 | 75% | 25% |
|
|
Cost added during May |
|
|
| 4610,000 | 1220,600 |
From the information given above
a) Compute the number of Kilograms completed and transferred out during May
b) Compute the equivalent units
c) Determine the cost per equivalent unit.
d) Compute the costs of completed goods and ending WIP
Expert Answer:
Related Book For 
Supply Chain Focused Manufacturing Planning and Control
ISBN: 978-1133586715
1st edition
Authors: W. C. Benton
Posted Date:
