Question: explain step 1-4 in detailwill LIKE if it work GIVEN BEGINNING UNITS UNITS STARTED ENDING UNITS BEGINNING COSTS CURRENT COSTS REQUIRED: COMPLETE PROCESS COSTING STEPS
GIVEN BEGINNING UNITS UNITS STARTED ENDING UNITS BEGINNING COSTS CURRENT COSTS REQUIRED: COMPLETE PROCESS COSTING STEPS 1-4 (WEIGHTED AVG) DM 6,800 24 200 3,700 DM = 100% CC = 45% DM CC 45,000 27,450 187,500 152,133 STEP # 1 BEG 6,800 STEP #2 START 24200 ACCT FOR 31,000 END (3.700 3.700 TO 27,300 27300 EU 31,000 STEP #3 DM COSTS BEG 45,000 CURRENT 187.500 TOTAL 232,500 EU 31.000 $/EU 7.50 STEP #4 END WIP 27,750 .. 204.750 232,500 CC 1,665 27 300 28,965 CC 27,450 152.133 179,583 28.965 6.20 10,323 169.260 179,583
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