Rivera Company has several processing departments.Costs charged to the Assembly Department for November 2020 amounted to $2,286,318
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Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 amounted to $2,286,318 as follows.
Work in progress, November 1 | ||||
Materials | $78,900 | |||
conversion costs | 48,500 | $127,400 | ||
added materials | 1,593,420 | |||
Manpower of labour | 226,000 | |||
General expenses | 339,498 |
Production records show that 34,800 units were in early process at 30% complete for conversion costs, 662,000 units entered production, and 24,300 units were in final process at 40% complete for conversion costs. conversion costs. Materials are entered at the beginning of each process.
Determine the equivalent production units and the unit production costs for the Assembly Department.
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ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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