Question: In the case above, how would the cost per unit be different if beginning WIP inventory for the month was only 50% complete, instead of

  1. In the case above, how would the cost per unit be different if beginning WIP inventory for the month was only 50% complete, instead of 70%?
  2. NOW ASSUME that there was no BEGINNING WIP at the start of August; that is, assume that all 80,000 of the units worked on were started in August, (including the 10,000 of BWIP). This means all costs shown above, including the $13,500 - were also incurred in the current period August. Repeat requirement 1 using this assumption.What was the new cost per unit?Why was this different?Is this an okay assumption to make? Explain why or why not.

Delaware company , the company uses normal costing to apply overhead to production

Delaware company

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