Question: Data concerning a recent periods activity in the Prep Department, the first processing department in a company that uses process costing, appear below: equivalent unit
Data concerning a recent periods activity in the Prep Department, the first processing department in a company that uses process costing, appear below:
equivalent unit in ending work in proces inventry , material 2100 conversion 970
cost of equivalent unit , material 14.36 conversion 4.63
A total of 20,800 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?
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