Question: please post so that half the answer isnt cut off! thank you! 0 Coat of Units Transferred Out and Ending Work in Process The couts

please post so that half the answer isnt cut off! thank you! please post so that half the answer isnt cut off! thank you!

0 Coat of Units Transferred Out and Ending Work in Process The couts per equivalent unit of direct materials and conversion in the Filling Department of Ivy Cosmetics Company are $2.20 and $0.75, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 4,600 Started and completed during the period 65,000 65,000 Transferred out of Filling completed) 65,000 69,600 Inventory in proces, and opened 3,000 4,000 Total units to be assigned cost 73,000 73,000 The beginning work in process irwentory had cost of $3,130. Determine the cost of completed and transferred-out production and the ending work in process invertory !! required, round to the nearest dollar. Completed and transferred out of production Inventory in process, ending

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!