Question: * Please look at photo * * Either print a copy of your worksheet or make a copy of the worksheet in your workbook before
Please look at photo
Either print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer
back to this worksheet.
points
Change the percentage completion with respect to conversion for the beginning inventory from to but keep everything the
same as in Requirement The data area of your worksheet should now look like this:
If your formulas are correct, you should get the correct answers to the following questions.
a What is the equivalent units of production for materials?
Equivalent units of production for materials?
b What is the equivalent units of production for conversion?
Equivalent units of production for conversion
c What is the cost per equivalent unit for materials? Round your answer to decimal places.
Cost per equivalent unit for materials
d What is the cost per equivalent unit for conversion? Round your answer to decimal places.
Cost per equivalent unit for conversion
e What is the cost of the units transferred out?
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