Question: Jaffa Ketchup uses a process costing system to determine its products cost. The last of the three processes is packaging. The packaging department reported the
Student D: STUDENT NAME: Jafta Ketchap uses a process costing system so detemine ins prodact's cost. The last of the throe processes is packaging. The Packaging Departnent peooned the follouing information for Aogust. Note: The units in endina work-in-process imventory were 90% complete with respect to direct materials, but only 60% complete with OUESTION THREE respect to conversion Required: Fill in the missing figures for blanks (19) throegh (30). Eguivalent Units Direct Materials Coaversion Costs Iransferred Phasical Unity Units to account for Begianing work in process 23,00 Transferred in dering July 229,000 Total units to account for (19) Units accounted for: Completed & transferred out (20) 22) (25) (28) Ending work in process 28,000 G3), (26) (29) Total units accounted for (21) Total equivalent units (24) (27) (30)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
