Question: Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: 1. Cost
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: 1. Cost of ending work in process inventory 2. Cost of units transferred out erage Method [LO 4-4] Equivalent units in ending work in process inventory Cost per equivalent unit A total of 20,100 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total. Materials Materials 2,000 $13.86 Conversion Conversion 800 $4.43 Total
Data conceming a tecent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below A fotal of 20,100 units were completed and transferred to the next processing department during the period Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in totat 2 Compute the cost or the unis completed and transferred out for materials, conversion and in totat
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