Question: GIVEN BEGINNING UNITS UNITS STARTED ENDING UNITS BEGINNING COSTS CURRENT COSTS REQUIRED: COMPLETE PROCESS COSTING STEPS 1-4 (WEIGHTED AVG) 10,000 70,000 20,000 DM = 100%

 GIVEN BEGINNING UNITS UNITS STARTED ENDING UNITS BEGINNING COSTS CURRENT COSTS

GIVEN BEGINNING UNITS UNITS STARTED ENDING UNITS BEGINNING COSTS CURRENT COSTS REQUIRED: COMPLETE PROCESS COSTING STEPS 1-4 (WEIGHTED AVG) 10,000 70,000 20,000 DM = 100% CC = 40% DM CC 62.000 91,500 242,000 296,100 STEP # 1 BEG 10,000 STEP #2 START 70,000 ACCT FOR 80,000 DM END (20.000) 20,000 . 60,000 60,000 EU 80,000 STEP #3 DM COSTS BEG 62,000 CURRENT 242.000 TOTAL 304,000 EU 80,000 $/EU 3.80 STEP #4 END WIP 76,000 TO 228.000 304,000 CC 8.000 60.000 68,000 CC 91,500 296 100 387,600 68.000 5.70 45,600 342 000 387,600

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!