Question: Data table 1. For each cost category, compute equivalent units in the assembly department Show physical units in the first column of your schedule. 2.



Data table 1. For each cost category, compute equivalent units in the assembly department Show physical units in the first column of your schedule. 2. For each cost category, summarize total assembly department costs forloctober 2017 and calculate the cost per equivalent unit. 3. Assign total costs to units completed and transferred out and to units in ending work in process. 4. Explain any difference between the cost per equivalent unit in the assembly department under the weighted-average method and the FIFO method. 5. Should Berrian's managers choose the weighted-average method or the FIFO method? Explain briefly. Requirement 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule. (For amounts with a 0 balance, make sure to enter "O" in the appropriate cell)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
