Question: Please solve for the blanks and explain how you got your figures. Thanks. Data Table Data Table Equivalent Units Direct Conversion Physical Units Direct Conversion

Please solve for the blanks and explain how you got your figures.Thanks. Data Table Data Table Equivalent Units Direct Conversion Physical Units DirectConversion (Pennants Materials Costs 596 Flow of Production Materials Costs Work inPlease solve for the blanks and explain how you got your figures. Thanks.

Data Table Data Table Equivalent Units Direct Conversion Physical Units Direct Conversion (Pennants Materials Costs 596 Flow of Production Materials Costs Work in process, November 18 Started in November 2017 Good units completed and transferred out during current period: Good units completed and transferred out 585 8,375 80 50 315 9,405 From beginning work in process during November 2017 Normal spoilage Abnormal spoilage Work in process, November 30 Total costs added during November 2017 a Degree of completion: direct materials, 100%; conversion costs, 40% 9,350 80 50 2.100 Started and completed Normal spoilage Abnormal spoilage Work in process, ending Work done in current period only 8,375 80 50 2,100 10,605 $16.968 26.334 Degree of completion: direct materials, 100%; conversion costs, 15% Print Done Print Done

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!