Question: Hi , I have a question about the step 2 , why did you divided 280 by 2800 for the manufacturing overhead instead of dividing


Hi , I have a question about the step 2 , why did you divided 280 by 2800 for the manufacturing overhead instead of dividing 392 by 2800 ?
20:31 Expert Q&A Begining wo rk in process Incurred duri ng Total cost accounted Equivalent u nits Cost per equ ivalent unit Explanation Explanation Cost per equivalent units: Material=726/3000=0.242 Labour=280/2800=0.1 Maufacturing O.H=280/2800=0.1 Step 3 Transferred out cost: (2000*0.242)+ (2000*0.1)+(2000*0.1) = $484+$200+$200-$884 ding work in cess:Material=1000*0.242=$242 Ending work in process:Direct ||| Material : { * | 67% Direct labou Manufacturi r ng O.H 28 54 252 338 280 392 2800 2800 0.1 0.1 176 550 726 3000 0.242 Homework 2 X Company has only one process department. At the end of process department A, X company has inventory which is ready for sale. You can see reported activities and cost information in the A Department for the month of April in the following table. Compute the cost of completed units and transferred out of department A by using the numbers in the table. In addition, compute cost of work in process on April 30. Notice that you will apply weighted-average method to solve this problem. You can watch te last online course to understand the topic. Please prepare your homework with word format. Give all details and show all math calculations on your paper. Good luck. PROCESS DEPARTMENT A Units Direct Material Direct Labor Manufacturing Overhead 100% 50% 25% Work in process, April 1 800 Units started into production in April 2200 2000 Units completed and transferred out of Department A during April Work in process, April 30 1000 100% 80% 80% Cost of Beginning Work in Process Inventory Direct Material 176 million dollar Direct Labor 28 million dollar Manufacturing Overhead 54 million dollar Cost added to production in April Direct Material 550 million dollar Direct Labor 252 million dollar Manufacturing Overhead 338 million dollar
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
