Question: producing perfume that would be bottled into 1 . 2 ounce sizes. The manufacturing department reports the following information related to production of liquid perfume
producing perfume that would be bottled into ounce sizes. The manufacturing department reports the following information
related to production of liquid perfume this month. Assign costs to the company's units completed and to the units in ending WIP Inventory for August by completing Step of the
template.
Total cost of units completed and removed from WIP Inventory
$
Cost of units in ending WIP Inventory
eTextbook and Media
List of Accounts What is Splish's total cost of units completed?
Total cost of units completed
$
How many total units did the company complete this period?
Total number of units completed
What was its actual cost per unit for those units completed? Round answer to decimal places, eg
Actual unit cost for units completed
What is the total cost per equivalent unit? Round answer to decimal places, eg
Total cost per equivalent unit this period $
Is the actual cost per unit the same as the total cost per equivalent unit? Total costs to account for
Splish uses the weightedaverage method of process costing.
a
Determine the cost per equivalent unit for both DM and conversion costs for the company this month by completing Step of the
template. Round answers to decimal places, eg
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