Question: RARA Company using process costing method to allocate cost between costof goods sold and ending finished goods, following data related to to january: Physical units,

RARA Company using process costing method to allocate cost between costof goods sold and ending finished goods, following data related to to january: Physical units, Beginning inventory 500 units and units started 4500 units while units ending inventory 1000, cost of beginning DM $20,000 and CC $10,000 while cost of units added during january DM $80,000 and CC $70,000, degree of completion 100% of DM and Beginning CC 60% and Ending CC 50%, Using FIFO method compute equivalent units ?of units completed for DM 3700 a 3500.b 4500.c Andy Manufacturing company process 100000 meter of wood at a joint cost of $300,000 to yield two products (X and Y) and paid additional (separable cost) of $20000 for X and $80000 for Y to refine the product t Super X and Super Y data related to question are: # of units at split off SP/unit # of units after refining Final SP/ unit X 10000 $20 Super X 10000 $40 Y 15000 $25 Super Y 15000 $40 Using NRV method to compute: 1. Allocate the Joint cost between Super X and Super Y 2. Calculate the total production cost per unit of Super X and Super Y 3. if all units were sold compute the gross margin

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